Indian Insurance Stocks Tank Following Proposed Regulatory Expense Caps
Shares of life insurance providers and affiliated financial institutions suffered a sharp downturn during Thursday’s intra-day trading on the Bombay …
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.
India ties fresh funding to reforms at three state insurers
India’s central government is preparing a performance-linked approach to supporting three state-owned general insurance companies that have continued to face …
Fuel Price Hike Puts Bangladesh’s Insurance Sector Under Pressure
A sharp rise in fuel prices is putting additional pressure on Bangladesh’s insurance sector, with field agents facing higher travelling …
Pragati Life Expands Customer Support With New Call Centre
Pragati Life Insurance PLC has launched a new call centre aimed at making it easier for policyholders to obtain information, …
MetLife Introduces Health Savings Plan for Bangladesh
MetLife Bangladesh has introduced the MetLife Health Savings Plan (MHSP), a new life insurance solution designed to combine critical illness …
Stronger Oversight Needed to Restore Trust in Insurance
Finance Minister Amir Khosru Mahmud Chowdhury has raised serious concerns over what he described as widespread mismanagement, corruption and regulatory …
Bangladesh National Insurance Shares Rise 31% Amid Stronger Results
Bangladesh National Insurance Company Limited has said it has no undisclosed price-sensitive information or operational decisions that could explain the …
IDRA targets 75pc claim settlement rate amid Tk 70b backlog
The Insurance Development and Regulatory Authority (IDRA) has set an ambitious target to increase the national insurance claim settlement rate …
Bangladesh Plans Major Overhaul of Insurance Sector
The Bangladesh government is preparing amendments to the Insurance Act 2010 along with a new crisis-resolution framework aimed at tackling …
IDRA moves to clear Tk23 crore in long-pending insurance claims
The Insurance Development and Regulatory Authority (IDRA) is set to facilitate the settlement of Tk23.03 crore in long-pending insurance claims …