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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.

Low-Cost Rider Insurance by Foodpanda

May 21, 2026
Low Cost Rider Insurance by Foodpanda Low-Cost Rider Insurance by Foodpanda

Online food and grocery delivery has steadily evolved from a convenience into a routine necessity in urban Bangladesh. One of …

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Diminishing Credit Guarantees Strain Bangladesh Apparel Exports

May 21, 2026
Diminishing Credit Guarantees Strain Bangladesh Apparel Exports

The ready-made garment (RMG) sector in Bangladesh, which serves as the backbone of the nation’s foreign exchange earnings, is currently …

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National Life Settles DRU Members’ Death Claims

May 21, 2026
National Life Settles DRU Members’ Death Claims

National Life Insurance Company Limited has officially settled the group life insurance death claims of two deceased members of the …

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Claims Expenses Restrain Singapore Insurance Market Growth

May 20, 2026
Claims Expenses Restrain Singapore Insurance Market Growth

Singapore’s financial sector has sustained its upward trajectory, with newly consolidated data from 2025 showing that the country’s insurance market …

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Educational Inflation in Bangladesh Spurs Demand for Insurance

May 20, 2026
Educational Inflation in Bangladesh Spurs Demand for Insurance

Rising educational expenditures in Bangladesh are exerting unprecedented financial pressure on households across the country. This escalating fiscal burden is …

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U Fintech and Protective Islami Life Sign Insurance Deal

May 19, 2026
U Fintech and Protective Islami Life Sign Insurance Deal

U Fintech Limited and Protective Islami Life Insurance Limited have formally executed a group insurance agreement aimed at expanding customer …

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Insurers Seek Clear Returns from Rising AI Investment

May 18, 2026
Insurers Seek Clear Returns from Rising AI Investment

Global insurance firms are steadily increasing their capital expenditure on artificial intelligence (AI) with the primary objectives of reducing claims …

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Pragati Insurance Concludes 342nd Board of Directors Meeting

May 18, 2026
Pragati Insurance Concludes 342nd Board of Directors Meeting

Pragati Insurance PLC has successfully convened its 342nd Board of Directors meeting. According to an official corporate update, the high-level …

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American Dairy and Protective Islami Life Sign Deal

May 17, 2026
American Dairy and Protective Islami Life Sign Deal

American Dairy Limited (ADL) and Protective Islami Life Insurance Limited have formally executed a group insurance agreement aimed at extending …

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Organ Trafficking and Insurance Fraud Rise in Asia, Bangladesh in risk too

May 17, 2026
Organ Trafficking and Insurance Fraud Rise in Asia, Bangladesh in risk too

The risks associated with illicit human organ trafficking and life insurance fraud are escalating across South and South-East Asia. Organised …

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