Standard Insurance's licence has been suspended for three months by the Bangladesh Insurance Development and Regulatory Authority.
Independent research shows life insurance is most popular bancasurrance product in Asia-Pacific across 17 countries.
According to reinsurance giant Swiss Re general insurance premiums in 'emerging Asia' countries are set to grow 12.8% on average in 2015.
Bangladesh general insurer Green Delta has signed an agreement with the Chartered Insurance Institute to provide training for insurance professionals.
Retailers and suppliers need to fully identify and understand their operational and supply chain risk exposures according to a report by Marsh.
The US government has offered a grant of $2.5m to Bangladesh to help improve fire and safety standards and the protection of workers at factories.
A survey by the Bangladesh University of Engineering and Technology suggests around 60% of garment factories in Bangladesh are vulnerable to collapse.
Over 130 000 poorly constructed homes in Bangladesh were destroyed by the powerful cyclone in May.
The Bangladesh Insurance Association wants to make it compulsory for factory owners in the garment industry to ensure their workers are covered for life insurance.
The first tropical cyclone in the Northern Indian Ocean this season, Tropical Cyclone Mahasen, made landfall northwest of Chittagong, Bangladesh, at about 6am UTC on Thursday, May 16.
Five dead as cyclone Mahasen could cause heavy rain and widespread flooding.
Clothes retailers have agreed some important steps to help improve health and safety at Bangladesh's factories.
A fire at a knitwear plant in Bangladesh's capital Dhaka has killed at least eight people and injured 10 others.
Axa revenues grew 3% to €28.9bn ($37.8bn) in the first quarter of 2013.
More than 620 dead bodies have been recovered after the horrific building collapse in Dhaka, Bangladesh.
The European Union could remove certain conditions of its trade preference scheme with Bangladesh following awful building collapse incident.
The British clothing store Primark has offered to pay compensation to the victims and families of victims after one of its supplier's factories collapsed killing hundreds.
Clothing retailer Primark has confirmed that one of its suppliers occupied space in the building which collapsed in Bangladesh on 24 April.
The collapse of an eight-storey building in Bangladesh’s capital Dhaka has left 149 people dead and more than 1 000 people injured.
A new initiative from Japan and the Asian Development Bank could make crop insurance a viable option for Bangladeshi farmers.
The International Finance Corporation has bought a 10% stake in Bangladesh insurer Green Delta after the government opened up the market to foreign investors.
The top five Asian news stories from www.insuranceinsight.com over the past seven day.
Bangladesh is to allow unlimited foreign investment in shares of insurance companies.
State-owned United India Insurance Company plans to enter the Middle East and several South Asian countries owing to the large number of non-resident Indians living in these areas.