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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.

National Life Concludes Year-End Review Meeting

December 28, 2025
National Life Concludes Year-End Review Meeting

National Life Insurance PLC, the nation’s largest insurance provider, held its annual year-end review meeting at Dream Holiday Park, Narsingdi. …

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Prime Islami Life Marks Silver Jubilee at Annual Meeting

December 25, 2025
Prime Islami Life Marks Silver Jubilee at Annual Meeting Prime Islami Life Marks Silver Jubilee at Annual Meeting

The twenty-fifth Annual General Meeting of Prime Islami Life Insurance Limited was successfully convened on Wednesday, 24th December, at the …

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IMAC Unveils 2026 Executive Committee, Launches Talent Initiative

December 24, 2025
IMAC Unveils 2026 Executive Committee, Launches Talent Initiative

The Insurance Managers Association of Cayman (IMAC), the leading professional body representing insurance managers, captive insurance companies, and service providers …

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Sonali Life Reaffirms Stability at Twelfth Annual General Meeting

December 24, 2025
Sonali Life Reaffirms Stability at Twelfth Annual General Meeting

Sonali Life Insurance Company Limited recently convened its twelfth Annual General Meeting (AGM) on Wednesday, 24 December 2025, at 10:00 …

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IDRA Mandates Abolition of Non-Life Insurance Agency Commissions

December 24, 2025
IDRA Mandates Abolition of Non Life Insurance Agency Commissions IDRA Mandates Abolition of Non-Life Insurance Agency Commissions

The regulatory landscape for non-life insurance in Bangladesh is undergoing a profound and controversial overhaul. For decades, the “agent commission” …

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Non-Life Insurance Premiums Grow as Investments Recede in 2024

December 24, 2025
Non Life Insurance Premiums Grow as Investments Recede in 2024 Non-Life Insurance Premiums Grow as Investments Recede in 2024

The Bangladesh Insurance Association (BIA) has released its 2024 annual report, offering a comprehensive audit of the financial health of …

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Understanding Bangladesh’s Insurance Market, Sector, and Industry

December 23, 2025
Understanding Bangladesh’s Insurance Market, Sector, and Industry

Bangladesh’s economy is growing rapidly, and the insurance sector is increasingly becoming a critical component of this expansion. However, many …

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National Life Settles Insurance Claims Worth Tk37.5 Crore

December 23, 2025
National Life Settles Insurance Claims Worth Tk37.5 Crore

National Life Insurance has successfully disbursed insurance claims amounting to Tk37.5 crore to policyholders in the Greater Dhaka area. The …

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Thai Life Insurance Product Shift Boosts Premiums, Reduces Profitability

December 22, 2025
Thai Life Insurance Product Shift Boosts Premiums, Reduces Profitability

Thai Life Insurance has experienced a notable shift in its product mix, favouring endowment and whole life policies, which has …

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Floods Propel Thailand’s Booming Property Insurance Market

December 22, 2025
Floods Propel Thailand’s Booming Property Insurance Market

Thailand’s property insurance sector is poised for steady growth over the next five years, driven largely by escalating catastrophe risks, …

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