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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.

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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South Carolina’s Abandoned Nuclear Plants Could Revive

December 14, 2025
South Carolina Nuclear Plants Considered For Revival South Carolina’s Abandoned Nuclear Plants Could Revive

South Carolina’s long-dormant nuclear power facilities may be set for a remarkable revival, as a private firm has tabled a …

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Georgia Man Sentenced Over Indecency At Insurance Agencies

December 14, 2025
Georgia Man Sentenced Over Indecency At Insurance Agencies

In a case that has rattled the local community of Warner Robins, Georgia, 30-year-old Demarcus Tyrell Mann has been sentenced …

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Cayman Insurance Risks Spark US Sector Alarm

December 13, 2025
Cayman Insurance Risks Spark US Sector Alarm

Apollo Global Management Inc. has issued a stark warning regarding potential risks in the US insurance sector, drawing attention to …

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Popular Life Achieves Highest Possible NCR Credit Rating

December 12, 2025
Popular Life Achieves Highest Possible NCR Credit Rating Popular Life Achieves Highest Possible NCR Credit Rating

Popular Life Insurance PLC, a publicly listed company in Bangladesh’s insurance sector, has achieved the highest possible credit rating in …

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Insurance Sector Embarks on Data Analytics Expansion

December 11, 2025
Insurance Sector Embarks on Data Analytics Expansion

Nearly 56% of insurers across the Asia-Pacific region are set to expand their use of data analytics within the next …

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Valuables Insurance Market to Surpass $5.1 Billion

December 11, 2025
Valuables Insurance Market to Surpass $5.1 Billion

The global market for valuables insurance is poised for substantial growth over the next decade, signalling a transformative period for …

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