Staff Correspondent

Prime Minister Sheikh Hasina on Friday inaugurated the National Insurance Day-2024 at the Bangabandhu International Conference Centre (BICC) in the capital aiming to promote the idea of insurance by enhancing public awareness.

From the same programe, the prime minister also inaugurated the bankainsurence service that facilitates providing premium of the insurance from the bank directly.

The Ministry of Finance and the Insurance Development and Regulatory Authority (IDRA) jointly organised the programme.

The National Insurance Day-2024 is being observed elsewhere across the country in a befitting manner.

This year's theme is 'Karbo Bima Garbo Desh, Smart Hobe Bangladesh'.

The prime minister also distributed prizes among first second and third place winners in eassay writing competition in two groups.

Two life and non-life insurence companies also received honorary crests from the prime minister for their contributions to flourish the insurance business. The award recipients later took part in a photo session with the prime minister.

Finance Minister, Abul Hassan Mahmood Ali, Secretary of the Financial Institutions Division, Ministry of Finance, Sheikh Mohammad Salim Ullah, Chairman of the IDRA Mohammad Jainul Bari and Bangladesh Insurance Association (BIA) President Sheikh Kabir Hossain, also spoke on the occasion.

A video documentary on the insurance sector was screened at the ceremony.

On March 1, 1960, Father of the Nation Bangabandhu Sheikh Mujibur Rahman started working for the then-Alpha Insurance Company. Therefore, the government has decided to celebrate March 1 as the National Insurance Day every year.

The government later upgraded the "National Insurance Day” from 'B' category to 'A' category commemorating Bangabandhu, the architect of country's independence.