Sadharan Bima Corporation

Sadharan Bima Corporation
সাধারণ বীমা কর্পোরেশন (Bengali)
AbbreviationSBC
Formation1973
TypeGovernment
HeadquartersDhaka, Bangladesh
Location
  • 33, Dilkusha, Commercial Area, Dhaka
Region served
Bangladesh
Official language
Bengali
OwnerGovernment of the People’s Republic of Bangladesh
Chairman
Mr. Dulal Krishna Saha
Managing Director
Md. Harunur Rashid
Parent organization
Financial Institutions Division, Ministry of Finance
Websitewww.sbc.gov.bd
RemarksOnly State Owned Non-Life Insurer & Reinsurer in Bangladesh

Sadharan Bima Corporation (popularly known as SBC) is the one and only state-owned non-life insurer and reinsurer in Bangladesh under the Ministry of Finance, Government of the People's Republic of Bangladesh. Both Sadharan Bima Corporation, the non-life insurer, and Jiban Bima Corporation, the life insurer, were created under the Insurance Corporation Act (Act No. VI) of 1973 of Bangladesh.[1]

Thereafter, SBC was acting as the sole insurer of general insurance till 1984. In the year 1984 Bangladesh Government allowed insurance companies in the private sector and to that effect promulgated the Insurance Corporations (Amendment) Ordinance 1984. Sayed Bealal Hossain is the Managing Director of Sadharan Bima Corporation.[2]

  1. ^ "Profile of Sadharan Bima Corporation". Sadharan Bima Corporation. Retrieved 10 June 2015.
  2. ^ "Sadharan Bima Corporation". www.sbc.gov.bd. Retrieved 25 May 2023.