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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.

Sun Life Expands with New Dubai IFC Office

December 18, 2025
Sun Life Secures Approval for Dubai IFC Office

Global financial services leader Sun Life has officially secured authorisation to establish a presence in the prestigious Dubai International Financial …

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Health Bill Passed Without Subsidies Sparks Cost Concerns In USA

December 18, 2025
Health Bill Passed Without Subsidies Sparks Cost Concerns In USA

The United States healthcare system is once again teetering on the brink of an unprecedented crisis. On Wednesday, the Republican-proposed …

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Sondhani Life Secures Prestigious ICSB Silver Award

December 18, 2025
Sondhani Life Secures Prestigious ICSB Silver Award

Sondhani Life Insurance Company Limited has once again been recognised for its unwavering commitment to corporate governance and financial transparency, …

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Climate Risks Reshape Insurers’ Financial Outlook

December 17, 2025
Climate Risks Reshape Insurers Financial Outlook Climate Risks Reshape Insurers’ Financial Outlook

Natural catastrophes continue to exert immense pressure on the global insurance industry, with insured losses once again surpassing the US$100 …

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Insurers Must Close Protection Gaps Through Innovation

December 17, 2025
Insurers Must Close Protection Gaps Through Innovation

Asia faces a profound underinsurance crisis. A recent survey by the Global Asia Insurance Partnership across 12 Asian markets reveals …

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IDRA and BIA Discuss Proposed Insurance Law Amendments

December 17, 2025
IDRA and BIA Discuss Proposed Insurance Law Amendments

In a significant step towards modernising Bangladesh’s insurance sector, the Insurance Development and Regulatory Authority (IDRA) convened a meeting with …

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Insurance, Finance Sector Faces Strong Hiring Demand

December 16, 2025
Insurance, Finance Sector Faces Strong Hiring Demand

Employers in the insurance and finance sectors across the Asia Pacific and Middle East are anticipating robust hiring activity in …

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IDRA Calls Stakeholder Meeting Over Popular Rising Rejection

December 16, 2025
IDRA Calls Stakeholder Meeting Over Popular Rising Rejection

The Insurance Development and Regulatory Authority (IDRA) is set to convene a significant stakeholder meeting on 17 December 2025 at …

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Mandatory Interest on Delayed Insurance Claim Payments

December 15, 2025
Mandatory Interest on Delayed Insurance Claim

Under the Insurance Act, 2010, policyholders in Bangladesh are legally entitled to interest if their insurance claims are not settled …

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Climate Change Challenges Sustainability of Insurance Protection Bangladesh

December 15, 2025
Climate Change Challenges Sustainability of Insurance

Climate change is no longer merely an environmental concern; it has emerged as a profound challenge to financial security and …

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