There are around 79 insurance companies in Bangladesh. These include 2 public companies, 77 private companies which include 45 general/non-life insurance companies & 34 life insurance companies including 2 foreign companies.
The insurance sector is regulated by the Insurance Development and Regulatory Authority (IRDA), which operates as an independent regulator under the Ministry of Finance – Peoples Republic of Bangladesh.
Public Sector (Life)
Bangladesh Jiban Bima Corporation
Public Sector (General)
Bangladesh Sadharan Bima Corporation
Private Sector (Life)
Alpha Islami Life Insurance Ltd.
Baira Life Insurance Company Ltd.
Best Life Insurance Company Ltd.
Chartered Life Insurance Company Ltd.
Delta Life Insurance Company Ltd.
Diamond Life Insurance Co. Ltd.
Farest Islami Life Insurance Co. Ltd.
Golden Life Insurance Ltd.
Guardian Life Insurance Ltd.
Homeland Life Insurance Company Ltd.
Jamuna Life Insurance Ltd.
Meghna Life Insurance Company Ltd.
Mercantile Islami Life Insurance Ltd.
National Life Insurance Company Ltd.
NRB Global Life Insurance Company Ltd.
Padma Islami Life Insurance Company Ltd.
Popular Life Insurance Company Ltd.
Pragati Life Insurance Ltd.
Prime Islami Life Insurance Company Ltd.
Progressive Life Insurance Company Ltd.
Protective Islami Life Insurance Co. Ltd.
Rupali Life Insurance Company Ltd.
Sandhani Life Insurance Company Ltd.
Swadesh Life Insurance Co. Ltd.
Sonali Life Insurance Co. Ltd.
Sunflower Life Insurance Company Ltd.
Sunlife Insurance Company Ltd.
Trust Islami Life Insurance Co. Ltd.
Zenith Islami Life Insurance Ltd.
MetLife Bangladesh (Foreign Company)
Life Insurance Corporation (LIC) (Foreign Company)
Private Sector (Non-Life)
Agrani Insurance Company Ltd.
Asia Insurance Ltd.
Asia Pacific Gen Insurance Co. Ltd.
Bangladesh Co-operatives Ins. Ltd.
Bangladesh General Insurance Co. Ltd.
Bangladesh National Insurance Co.Ltd.
Central Insurance Company Ltd.
City General Insurance Company Ltd.
Continental Insurance Ltd.
Crystal Insurance Company Ltd.
Desh General Insurance Company Ltd.
Dhaka Insurance Ltd.
Eastern Insurance Company Ltd.
Eastland Insurance Company Ltd.
Express Insurance Ltd.
Federal Insurance Company Ltd.
Global Insurance Ltd.
Green Delta Insurance Co. Ltd.
Islami Commercial Insurance Co. Ltd.
Islami Insurance Bangladesh Ltd.
Janata Insurance Company Ltd.
Karnaphuli Insurance Company *Ltd.
Meghna Insurance Company Ltd.
Mercantile Insurance Company Ltd.
Nitol Insurance Company Ltd.
Northern General Insurance Company Ltd.
Peoples Insurance Company Ltd.
Pheonix Insurance Company Ltd.
Pioneer Insurance Company Ltd.
Pragati Insurance Ltd.
Paramount Insurance Company Ltd.
Prime Insurance Company Ltd.
Provati Insurance Company Ltd.
Purabi General Insurance Company Ltd.
Reliance Insurance Limited.
Republic Insurance Company Ltd.
Rupali Insurance Company Ltd.
Sena Kalyan Insurance Company Ltd.
Sikder Insurance Company Ltd.
Sonar Bangla Insurance Company Ltd.
South Asia Insurance Company Ltd.
Standard Insurance Ltd.
Takaful Islami Insurance Ltd.
Union Insurance Company Ltd.
United Insurance Company Ltd.