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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.

Aastha Life, SBL Sign Landmark Credit Shield Deal

March 17, 2026
Aastha Life, SBL Sign Landmark Credit Shield Deal

Aastha Life Insurance Company Limited and Siamanto Bank PLC have officially signed a Credit Shield insurance agreement, marking a significant …

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Middle East Conflict Spurs Global Cyber Insurance Surge

March 17, 2026
Middle East Conflict Spurs Global Cyber Insurance Surge Middle East Conflict Spurs Global Cyber Insurance Surge

Escalating geopolitical tensions in the Middle East are triggering significant shifts in the global insurance market, with cyber insurance emerging …

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National Livestock Insurance Policy Workshop Held

March 16, 2026
National Livestock Insurance Policy Workshop Held

The Insurance Development and Regulatory Authority (IDRA) convened a comprehensive workshop on Sunday, 15 March, to advance the formulation of …

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Rapid Rise of Takaful Insurance Worldwide

March 16, 2026
Rapid Rise of Takaful Insurance Worldwide

Takaful insurance is increasingly emerging as a key component of the global Islamic financial system. Essentially a Sharia-compliant alternative to …

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Rising Global Insurance Fraud: Regional Challenges Intensify

March 16, 2026
Rising Global Insurance Fraud Regional Challenges Intensify

Insurance fraud worldwide is evolving rapidly, becoming more sophisticated, faster, and increasingly transnational. While the methods vary across regions, the …

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FCT Broadens Health Insurance for Journalists

March 15, 2026
FCT Broadens Health Insurance for Journalists FCT Broadens Health Insurance for Journalists

Abuja – The Federal Capital Territory Administration (FCTA) has significantly expanded health insurance coverage for journalists operating within the capital …

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Iran Conflict Tests Global Reinsurance Resilience

March 15, 2026
Iran Conflict Tests Global Reinsurance Resilience

The escalating tensions between the United States, Israel, and Iran are placing global reinsurance structures under unprecedented strain, as insurers …

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U.S. Launches $20 Billion Reinsurance for Strait Shipping

March 15, 2026
U.S. Launches $20 Billion Reinsurance for Strait Shipping

The United States has unveiled a $20 billion government-backed maritime reinsurance programme aimed at maintaining uninterrupted commercial shipping through the …

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Philippines Insurance Confronts Protection and Cyber Risks

March 14, 2026
Philippines Insurance Confronts Protection and Cyber Risks Philippines Insurance Confronts Protection and Cyber Risks

This week, leaders and policymakers from the Philippine insurance sector convened to examine structural challenges and emerging opportunities, focusing on …

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MetLife Bangladesh and Grameenphone Expand Insurance Reach

March 14, 2026
MetLife Bangladesh and Grameenphone Expand Insurance Reach MetLife Bangladesh and Grameenphone Expand Insurance Reach

In a landmark move to broaden access to insurance coverage across Bangladesh, MetLife Bangladesh, one of the nation’s leading life …

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