Sadharan Bima Corporation is entitled to -- of public sector insurance business in Bangladesh.
A
20%
B
30%
C
40%
D
50%
Correct Answer: 50%
Now As per Insurance Corporation Act 2019, under section - 16, Sadharan Bima Corporation has solely right to underwrite 100% Public Property Non - life Business and 50% of Business is to be equally distributed among the private sector non - life insurance companies who, on the other hand, compulsorily re - insure half of their.