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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.

BIA’s 38th General Assembly Charts Insurance Future

December 10, 2025
BIAs 38th General Assembly Charts Insurance Future BIA’s 38th General Assembly Charts Insurance Future

Bangladesh’s insurance sector is preparing for one of its most consequential annual events, as the Bangladesh Insurance Association (BIA) gears …

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Bengal Islamic Life Facilitates Takaful Check Handover

December 10, 2025
Bengal Islamic Life Facilitates Takaful Check Handover Bengal Islamic Life Facilitates Takaful Check Handover

In a commendable demonstration of corporate social responsibility and employee welfare, Bengal Islamic Life Insurance Limited recently handed over a …

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Insurance Coverage for Uprisings, Strikes and Malicious Damage

December 9, 2025
Insurance Coverage for Uprisings, Strikes and Malicious Damage

In the realm of insurance, understanding the scope of coverage for politically and socially motivated events is crucial for both …

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Postal Life Insurance: Premiums and Benefits

February 25, 2026December 9, 2025
Postal Life Insurance Premiums and Benefits

Postal Life Insurance (PLI) continues to provide a comprehensive range of insurance plans designed to offer financial protection for individuals …

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Immediate Adaptation Investment Crucial as Australia Faces Escalating Climate Risks

February 25, 2026December 7, 2025
Urgent Appeal for Boosting Adaptation Investment

Australia is grappling with an escalating threat from climate change, with natural disasters imposing increasingly severe economic and societal burdens. …

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Health Insurance Confusion Cannot Be Resolved Without Human-Centred and Accountable Measures

February 25, 2026December 7, 2025
Accountability Needed to Clarify Health Insurance Claims

Health insurance is a cornerstone of modern healthcare, offering financial protection against costly medical treatments. Yet, despite its importance, confusion …

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China Taiping maintains stable rating amid Tai Po fire claims

February 25, 2026December 6, 2025
Fitch keeps China Taiping rating stable

Fitch Ratings has indicated that near-term insurance claims for China Taiping Insurance Group Ltd. (TPG, A-/stable) are expected to rise …

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Insurance Leadership changes in Malaysia, AI transforming insurance

December 6, 2025
Leadership changes in Malaysia

Between 1 and 5 December, significant developments were observed in the Asian insurance sector. Giulio Slavich has been appointed Chief …

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NLP becomes indispensable for combating fraud in the insurance sector

December 6, 2025
NLP becomes indispensable for combating fraud

Fraud has long been a silent pandemic in the insurance sector, causing financial losses to companies, procedural complications for genuine …

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US Conditions May Lead to Reduced Reinsurance Income for State Insurance Corporation

December 6, 2025
Proposed Changes to Insurance Act

Concerns have emerged that the General Insurance Corporation’s revenue and business may decline after the government initiated steps to repeal …

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