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Bangladesh: Most insurers register rise in profits during 2014 first half


Most insurers in Bangladesh saw their profits rise during the first half of 2014, The Daily Star reported.

Reliance Insurance Ltd. posted a 10% increase in profits, while Phoenix Insurance Co. Ltd. and Central Insurance Co. Ltd. registered a 22% and 33.5% increase, respectively. Meanwhile, Zahid Anwar Khan, managing director of Central Insurance, said insurers stand to lose business if political conditions worsen.

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