Insurance firms flout commission ban, poach rivals’ customers
The Business Standard (National) · ৯ নভে, ২০২৬
Bangladesh currently has 46 non-life insurance companies, most of which are allegedly continuing to offer commissions or other financial incentives to attract customers, according to sources.
পুরো খবরটি পড়ুনThe Business Standard (National)-এর ওয়েবসাইটে খুলবেমূল কথা
The Business Standard (National)-এর প্রতিবেদন থেকে হুবহু উদ্ধৃত
- Despite a regulatory ban on commissions for individual agents in the non-life insurance sector, several insurers are allegedly continuing the practice, luring customers away from companies that have stopped paying commissions.
- Industry insiders say the practice is putting compliant insurers at a competitive disadvantage, forcing them to lose existing customers and struggle to secure new business.
- A private insurance company said it had lost at least Tk13 crore in business after stopping commissions following the regulatory directive as rival insurers allegedly lured away its existing customers with financial incentives.
বিসিএস ও ভর্তি পরীক্ষা তথ্য ছক (Exam Fact Sheet)
হাই-ইল্ড ডেটাপ্রিলিমিনারি নৈর্ব্যক্তিক ও লিখিত রচনায় কোটেশনযোগ্য সুনির্দিষ্ট পরিসংখ্যান
| ধরন | তথ্য | প্রতিবেদনের যে বাক্য থেকে নেওয়া |
|---|---|---|
Figure | Tk13 crore | “A private insurance company said it had lost at least Tk13 crore in business after stopping commissions following the regulatory directive as rival insurers allegedly lured away its existing customers with financial incentives.” |
Figure | 10% | “He said the company's business had declined by around 10% and it typically generates Tk400-500 crore in business per quarter.” |
Date | 1 January 2026 | “Under an Idra directive, individual agents have not been allowed to operate in the non-life insurance business since 1 January 2026.” |
Date | 23 December 2025 | “On 23 December 2025, Idra issued a circular suspending individual agent licences in the non-life insurance sector.” |
শব্দভাণ্ডার ও বাস্তব প্রয়োগ ছক (Vocabulary Matrix)
5টি মূল শব্দএই প্রতিবেদন থেকে বাছাই করা শব্দ: অর্থ, উচ্চারণ ও প্রতিবেদনে ব্যবহার
Capable of competing successfully
“Industry insiders say the practice is putting compliant insurers at a competitive disadvantage, forcing them to lose existing customers and struggle to secure new business.”
Of or pertaining to regulation.
“Despite a regulatory ban on commissions for individual agents in the non-life insurance sector, several insurers are allegedly continuing the practice, luring customers away from companies that have stopped paying commissions.”
Willing to comply; submissive; willing to do what someone wants.
Synonyms: bending, pliant, yielding, conformant
“Industry insiders say the practice is putting compliant insurers at a competitive disadvantage, forcing them to lose existing customers and struggle to secure new business.”
An instruction or guideline that indicates how to perform an action or reach a goal.
“They have called for stronger regulatory monitoring and effective action against companies violating the directive.”
A soldier fit for duty
“They have called for stronger regulatory monitoring and effective action against companies violating the directive.”
Words chosen from this story. English meanings: Wiktionary (CC BY-SA), via the Free Dictionary API.
IELTS Reading practice
Read the passage, then answer the questions. Every answer is in the passage.
Despite a regulatory ban on commissions for individual agents in the non-life insurance sector, several insurers are allegedly continuing the practice, luring customers away from companies that have stopped paying commissions.
Industry insiders say the practice is putting compliant insurers at a competitive disadvantage, forcing them to lose existing customers and struggle to secure new business. They have called for stronger regulatory monitoring and effective action against companies violating the directive.
Bangladesh currently has 46 non-life insurance companies, most of which are allegedly continuing to offer commissions or other financial incentives to attract customers, according to sources.
A part of a report by The Business Standard (National).Read the full story
Question 1: Choose the correct answer.
1.Bangladesh currently has _____ non-life insurance companies, most of which are allegedly continuing to offer commissions or other financial incentives to attract customers, according to sources.
Question 2: Complete the sentence. Write ONE WORD from the passage.
2.Industry insiders say the practice is putting compliant insurers at a competitive disadvantage, forcing them to lose existing _____ and struggle to secure new business.
Question 3: Do the following statements agree with the passage? Choose TRUE or FALSE.
3.They have called for stronger regulatory monitoring and effective action against companies violating the directive.
Writing practice
IELTS Writing Task 2 style · Topic: Governance
How important is it for people to trust the police and the courts? What can build that trust?
Write a short answer of 4–5 sentences (30–250 words). State your opinion clearly, give a reason, and use a fact from this story as an example.
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পাঠোত্তর প্রতিফলন ও সারসংক্ষেপ অনুশীলন (Active Recall)
প্রতিবেদনটি পড়া শেষ করার পর মূল ভাবটি নিজের ভাষায় ২-৩ বাক্যে লিখুন। এটি বিসিএস লিখিত ও ভর্তি পরীক্ষার ফোকাস রাইটিংয়ে আপনার নিজের ভাষায় উত্তর লেখার সক্ষমতা বহু গুণ বাড়িয়ে দেবে।