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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.

Retention in Health Insurance: Convenience or Trust?

February 24, 2026
Retention in Health Insurance Convenience or Trust Retention in Health Insurance: Convenience or Trust?

The health insurance landscape is currently navigating a period of profound transformation. Driven by rapid technological advancements, the ubiquity of …

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Nepal Allocates Funds to Stabilise Health Insurance Programme

February 23, 2026
Nepal Allocates Funds to Stabilise Health Insurance Programme Nepal Allocates Funds to Stabilise Health Insurance Programme

The Government of Nepal has recently announced an allocation of NPR 750 million (approximately USD 5.25 million) to support the …

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Controversy Erupts Over Insurance Renewal Fee Hike

February 23, 2026
Controversy Erupts Over Insurance Renewal Fee Hike Controversy Erupts Over Insurance Renewal Fee Hike

ন Dhaka: A recent directive concerning the renewal fees for insurance companies has sparked widespread controversy within Bangladesh’s insurance sector. …

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Capital Rule Tweaks Could Boost Hong Kong Insurers’ Returns

February 23, 2026
Capital Rule Tweaks Could Boost Hong Kong Insurers’ Returns

Proposed adjustments to Hong Kong’s insurance capital framework may ease funding requirements for some insurers and gradually shift investment appetite …

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Sun Life Posts Strong Gains as Asia Sales Surge

February 23, 2026
Sun Life Posts Strong Gains as Asia Sales Surge

Sun Life Financial Inc. reported robust full-year results for 2025, driven by significant growth in its Asian operations. The company’s …

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Regulatory Row as Insurers Face Retrospective Fee Hikes

February 23, 2026February 23, 2026
Regulatory Row as Insurers Face Retrospective Fee Hikes Regulatory Row as Insurers Face Retrospective Fee Hikes

A significant legal and financial confrontation is brewing in the Bangladeshi financial sector as insurance companies challenge a contentious directive …

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SBC Pledges Support for Bangladesh Insurance Sector

February 22, 2026
SBC Pledges Support for Bangladesh Insurance Sector SBC Pledges Support for Bangladesh Insurance Sector

On 21 February 2026, a delegation from the State-owned General Insurance Corporation (SBC) paid a courtesy visit to the Honourable …

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Fraudsters Trick Elderly with False Insurance Payouts

February 22, 2026
Fraudsters Trick Elderly with False Insurance Payouts

A 69‑year‑old retired Subedar from the Hisar Military Cantonment in Haryana has been defrauded of ₹15.16 lakh in a sophisticated …

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Young Filipinos Prefer Human Over AI Insurance Advisers

February 22, 2026February 22, 2026
Young Filipinos Prefer Human Over AI Insurance Advisers

MANILA, Philippines — Despite the rapid rise of artificial intelligence (AI) and digital tools in financial services, young Filipinos continue …

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India Extends Cover for Russian Ship Insurers

February 21, 2026
India Extends Cover for Russian Ship Insurers India Extends Cover for Russian Ship Insurers

New Delhi: India has granted a one-month interim extension to four Russian insurance companies that provide coverage for vessels arriving …

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