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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.

Inquiry Launched Into Gulf Cable Damage

January 2, 2026
Inquiry Launched Into Gulf Cable Damage

Authorities in Finland and Estonia have opened a wide-ranging investigation after damage was discovered to a critical undersea telecommunications cable …

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New Insurance Surveyor Conduct Code Gazette Published

January 1, 2026
New Insurance Surveyor Conduct Code Gazette Published

The Government of Bangladesh has officially published a new regulatory framework governing the duties, responsibilities, and professional conduct of insurance …

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Direct Insurance or Broker—Which Works Better?

January 1, 2026
Direct Insurance or Broker—Which Works Better

Bangladesh’s economy is moving through a phase of rapid transformation. Expanding manufacturing and exports, large-scale infrastructure projects, modernised transport networks …

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QBE Insurance Secures US$400m Catastrophe Bond Protection

December 31, 2025
QBE Insurance Secures US$400m Catastrophe Bond Protection

QBE Insurance Group has successfully completed a new catastrophe bond transaction, securing US$400 million in collateralised reinsurance protection through its …

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Reinsurance Capacity Spurs Accelerated Market Softening In London

December 31, 2025
Reinsurance Capacity Spurs Accelerated Market Softening In London

Expanding reinsurance capacity has accelerated the softening of pricing across multiple lines of business during the January 1, 2026 renewals, …

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IDRA Revises CEO Appointment Rules

December 30, 2025
IDRA Revises CEO Appointment Rules

In a decisive move to address the shortage of qualified human resources in Bangladesh’s insurance sector, the Insurance Development and …

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Jeju Air Crash Report Delayed Amid Criticism

December 30, 2025
Jeju Air Crash Report Delayed Amid Criticism

A year after the devastating Jeju Air crash that claimed 179 lives, South Korea’s investigation into the disaster is set …

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Rising Cyber Risks Open New Insurance Opportunities In Bangladesh

December 29, 2025
Rising Cyber Risks Open New Insurance Opportunities In Bangladesh

The insurance sector in Bangladesh and the wider South Asian region is standing at the threshold of a transformative era, …

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Zenith Islamic Life Expands University Insurance Coverage

December 29, 2025
Zenith Islamic Life Expands University Insurance Coverage

Zenith Islamic Life Insurance PLC has extended its group life and health insurance programme to include Comilla University (Cu), marking …

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Obamacare Confidence Falls as Renewals Slow

December 29, 2025
Obamacare Confidence Falls as Renewals Slow

Washington, 29 December 2025 – The Affordable Care Act (ACA), widely known as Obamacare, is facing a slowdown in health …

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