Dhaka, Aug. 7 -- Negative impact on non-life insurance sector in coming days.

There are some limitations that hinder the development of non-life insurance like giving of additional pay back over the prescribed commission while our insurance premium rate is too high comparing to overseas market.

Besides, considering non-life insurance sector, basically agents for procurement of business are not needed and it should be withdrawn and spend these expenses for recruitment of marketing executives for procurement of business.

On the other hand, there are limitations of non-life insurance product. So, if we want to expand this (non-life insurance) sector, there is vast opportunity to find out the logical insurance market and those markets shou...