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The Insurance Development and Regulatory Authority (IDRA) is giving up the commission system to individual agents in the non-life or general insurance sector. Notification in this regard will be issued soon. Once the notification comes into effect, non-life insurance companies will no longer be able to pay any commission on premiums to individual agents. On Monday (December 1) IDRA Bangladesh Insurance Association (BIA) and all non-life insurance companies in the country… details

