This article includes a list of general references, but it lacks sufficient corresponding inline citations. (June 2015) |
সাধারণ বীমা কর্পোরেশন (Bengali) | |
Abbreviation | SBC |
---|---|
Formation | 1973 |
Type | Government |
Headquarters | Dhaka, Bangladesh |
Location |
|
Region served | Bangladesh |
Official language | Bengali |
Owner | Government 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 |
Website | www |
Remarks | Only 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]