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:: Reliance Insurance Limited

RSS :: Reliance Insurance Limited
Since the emergence of Bangladesh as an independent nation, insurance industry was nationalized along with banking and major industrial sectors of jute, textile, sugar and other heavy industries. Under the nationalized scheme, only two corporations in the name and style of Sadharan Bima Corporation (General Insurance Corporation) and Jiban Bima Corporation (Life Assurance Corporation) were set up by the Government for carrying out general and life insurance business respectively. While no private Bangladeshi owned enterprises was allowed either in general or life insurance business, foreign owned companies were, however, allowed to carry out life assurance business. With gradual liberalization of investment in industry and commerce, insurance business was also allowed in the private sector in 1985. As a result, a number of companies were set up. RELIANCE INSURANCE LIMITED was the fourteenth in line to start general insurance business in the private sector.

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Company information: :: Reliance Insurance Limited

BSB Building, 8 Rajuk Avenue,
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