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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.

Nina Ong Transforms Great Eastern Life Indonesia via AI

March 9, 2026
Nina Ong Transforms Great Eastern Life Indonesia via AI Nina Ong Transforms Great Eastern Life Indonesia via AI

Under the strategic stewardship of President-Director Nina Ong, PT Great Eastern Life Indonesia is undergoing a profound digital and cultural …

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India Launches National Health Claims Exchange

March 8, 2026
India Launches National Health Claims Exchange India Launches National Health Claims Exchange

Sangareddy, 6–7 March 2026: In a landmark initiative to simplify health insurance claims and standardise processes across India, the National …

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SECP Endorses Mandatory Third-Party Motor Insurance

March 8, 2026
SECP Endorses Mandatory Third Party Motor Insurance SECP Endorses Mandatory Third-Party Motor Insurance

Karachi: Pakistan’s Securities and Exchange Commission of Pakistan (SECP) has officially endorsed the Sindh provincial government’s decision to make third-party …

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Maritime Insurance Costs Soar Amid Iran Conflict

March 8, 2026
Maritime Insurance Costs Soar Amid Iran Conflict

Maritime insurance premiums for war coverage have surged dramatically as tensions in the Gulf escalate, with some rates rising by …

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Community Bank Forms Strategic Insurance Partnership With Guardian Life Insurance Limited

March 8, 2026
Community Bank Forms Strategic Insurance Partnership With Guardian Life Insurance Limited

Community Bank Bangladesh PLC has entered into a strategic alliance with Guardian Life Insurance Limited, a move poised to enhance …

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EBL and MetLife Honour Top Bancassurance Performers

March 8, 2026
EBL and MetLife Honour Top Bancassurance Performers EBL and MetLife Honour Top Bancassurance Performers

In a sophisticated display of corporate synergy, Eastern Bank PLC (EBL) and MetLife Bangladesh recently convened to celebrate the stellar …

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Insurance Industry Sees Strategic Moves and Expansion

March 7, 2026
Insurance Industry Sees Strategic Moves and Expansion

The insurance sector witnessed a flurry of strategic activity between 2 and 6 March 2026, encompassing acquisitions, leadership appointments, office …

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Icelandic Insurance Sector Adapts to Natural and Climate Risks

March 7, 2026
Icelandic Insurance Sector Adapts to Natural and Climate Risks

Iceland’s insurance industry has evolved in close alignment with the country’s unique natural environment and socially welfare-oriented framework. Despite its …

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CoverGo Launches AI Suite to Transform Insurance Operations

March 6, 2026
CoverGo Launches AI Suite to Transform Insurance Operations CoverGo Launches AI Suite to Transform Insurance Operations

Global InsurTech platform CoverGo has unveiled a suite of three specialised AI agents designed to revolutionise insurance operations. The initiative …

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Modern Life Launches Advanced AI Insurance Platform

March 6, 2026
Modern Life Launches Advanced AI Insurance Platform Modern Life Launches Advanced AI Insurance Platform

Modern Life, a leading US life insurance distribution firm, has unveiled a comprehensive artificial intelligence (AI) platform designed to transform …

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