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Updates

Stay informed with the latest developments from the global insurance industry. The Update category delivers timely news, policy changes, regulatory insights, market trends, and innovations shaping the future of insurance worldwide.

Five Companies Dominate Over Seventy Per Cent Of Life Insurance Market

October 22, 2026 by Mursaline Mahmud Taisin | Sub-Editor | Insurance Gurukul
Five Companies Dominate Over Seventy Per Cent Of Life Insurance Market

Concentration within Bangladesh’s life insurance sector reached striking levels during the second quarter of the year, with a handful of …

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Purabi General Insurance Reports Higher Third-Quarter Earnings

October 19, 2026 by shourav
Purabi General Insurance Reports Higher Third-Quarter Earnings

Purabi General Insurance PLC, a company listed on Bangladesh’s stock market, has reported an increase in earnings per share (EPS) …

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Popular Life Distributes Hundreds of Crores in Insurance Claims

October 19, 2026 by shourav
Popular Life Distributes Hundreds of Crores in Insurance Claims

Popular Life Insurance PLC has distributed insurance claim cheques worth hundreds of crores of taka to policyholders across Bangladesh, in …

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Bangladesh Insurance Regulator Appoints Observer to Takaful Islami Board

October 16, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
Bangladesh Insurance Regulator Appoints Observer to Takaful Islami Board

The Insurance Development and Regulatory Authority (IDRA) has appointed an observer to the board of directors of Takaful Islami Insurance …

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Indian Consumer Commission Upholds Widow’s ₹14.73 Lakh Insurance Claim

October 14, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
Indian Consumer Commission Upholds Widow’s ₹14.73 Lakh Insurance Claim

An Indian insurance company’s decision to reject a life insurance claim over alleged non-disclosure of pre-existing medical conditions has been …

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Popular Life Pays Tk 92.1m in Insurance Claims in Two Districts

October 12, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
Popular Life Pays Tk 92.1m in Insurance Claims in Two Districts

Popular Life Insurance PLC has handed over insurance claim cheques worth Tk 92.1 million to policyholders in Chandpur and Narayanganj, …

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Rajasthan Commission Upholds 75% Payout for Burnt Tourist Bus

October 11, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
Rajasthan Commission Upholds 75% Payout for Burnt Tourist Bus

India’s Rajasthan State Consumer Disputes Redressal Commission has upheld an order directing The New India Assurance Company Limited to pay …

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Bangladesh Financial and Insurance Sector Contracts by Quarter-End

October 11, 2026 by shourav
Bangladesh Financial and Insurance Sector Contracts by Quarter-End

A sustained recovery across Bangladesh’s primary financial and insurance sector hit a sudden bottleneck, plunging into a 0.25 per cent …

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AI Drives India’s Shift Towards Intelligent Insurance Services

October 9, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
AI Drives India’s Shift Towards Intelligent Insurance Services

Artificial intelligence is transforming India’s insurance industry, taking the sector beyond basic digital services towards a more intelligent, data-driven operating …

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Insurers Clear Tk63.91 Crore in Claims for 16,058 Customers

October 6, 2026 by Samiur Rahman Ratul | Sub-Editor | Insurance Gurukul
Insurers Clear Tk63.91 Crore in Claims for 16,058 Customers

The Insurance Development and Regulatory Authority (IDRA) has continued its efforts to settle legitimate insurance claims that have remained unpaid …

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