Insurance is nothing but a system of spreading the risk of one into the shoulder of many. While it becomes somewhat impossible for a man to bear by himself 100% loss to his own property or interest arising out of an unforeseen contingency, insurance is a method or process which distributes the burden of the loss on a number of person within the group formed for this particular purpose.
1.1 Objective of The Study:
The main objective of this study is to “Analyzing the Current Situation of Insurance Business in Bangladesh” The study has been undertaken with the following objectives: