Introduction
Incidentals of Authorization and Submittal: This analytical report “Insurance Business in Bangladesh: Prospects and Problems” have been prepared as a requirement of the course named- ‘Insurance and Risk Management’ course code- 223. This report is submitted to Md. Abdullah Al Jamil, Lecturer, Department of Marketing, Comilla University on July 13, 2011 as authorized on April 13, 2011 The investigation was conducted by the Scarlet Group, Department of Marketing, Comilla University. Objectives of the Study: These research objectives regarding our assignment are – To fulfill the requirement of the course curriculum. To find out some major problems of insurance business in Bangladesh. To reveal the major prospective area of insurance business in Bangladesh. To preparation of the report will enable to gather control of the insurance business. To suggest on recommend some necessary steps to solve the existing problems. To suggest necessary steps to develop this business in a developing country like Bangladesh. The assignment will enhance our overall knowledge about insurance and help us further to prepare any report on assignment in our professional life. We think this assignment will also be beneficial business in Bangladesh.
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Methodology: Secondary data is used for the requirement of the assignment. Secondary sources are: Internet Insurance journal Newspapers and magazines Prospectus of insurance companies Annual report of insurance companies Different insurance related published articles Textbook on insurance and risk management We also collect primary data through an interview by developing a questionnaire from various branches of insurance companies. At first we collect the related data, arrange group meetings analyzing and discussing the data, and then make a format as authorize by our course teacher to present this assignment. Limitations of the study: In