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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.

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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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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