Marine insurers hit by Baltimore claims surge
Insured losses arising from the collapse of the Francis Scott Key Bridge in Baltimore, struck by the Singapore-registered vessel Dali, …
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.
Popular Life Hosts Service Cell Conference and Insurance Claim Settlement Ceremony
Popular Life Insurance Company Limited organised its Service Cell In-Charge Conference alongside the formal handover of insurance claim cheques to …
Turkey Non-Life Insurance Growth 28%
In the first two months of 2026, Turkey’s non-life insurance sector recorded premium income of 231 billion Turkish lira, representing …
Hong Kong Insurance Policies Reach 109,813
Hong Kong’s long-term insurance sector recorded 109,813 new direct long-term policies in 2025, according to provisional statistics released by the …
Seven CMA Firms Approved for Insurance Oversight
The Insurance Development and Regulatory Authority (IDRA) has newly enlisted seven Cost and Management Accounting (CMA) firms to conduct cost …
Lockton Secures Saudi Reinsurance Licence
Lockton has obtained a reinsurance licence in Saudi Arabia, enabling the broker to underwrite facultative and treaty reinsurance business directly …
Islamic Insurance Services Launched by EBL, Akij Takaful
Eastern Bank PLC (EBL), in collaboration with Akij Takaful Life Insurance PLC, has formally introduced Shariah-compliant Takaful insurance solutions through …
India Opens Insurance Sector to Full FDI
India’s central government has formally notified a significant policy change permitting up to 100 per cent Foreign Direct Investment (FDI) …
Age Caps Scrapped for Regulators
The National Parliament yesterday passed two amendment bills removing the upper age limits for appointing the chairpersons and members of …
Insurance Reporters Forum Elects New Committee
The Insurance Reporters Forum (IRF), a professional body representing journalists covering Bangladesh’s insurance sector, has elected its new executive committee …