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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.

$400 Million Investment: Manulife and Mahindra’s Big Bet on India’s Life Insurance Sector

November 19, 2025
Manulife and Mahindra’s Big Bet on India’s Life Insurance Sector

Manulife Financial Corporation, a leading global insurance company, has teamed up with Mahindra & Mahindra Ltd., one of India’s biggest …

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Philippines’ Pension App Surpasses Two Million Users: Digital Revolution!

November 19, 2025
Philippines’ Pension App Surpasses Two Million Users

The Philippines’ Government Service Insurance System (GSIS) has announced that its mobile application, GSIS Touch, has surpassed two million registered …

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Non-Life Insurance in India Grows by 6.2%: A Glimpse Into the Future

November 19, 2025
Non-Life Insurance in India Grows by 6.2% A Glimpse Into the Future

India’s non-life insurance market is expected to remain stable, according to global rating agency AM Best. The agency has maintained …

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Japan’s Insurers Face Catastrophic Payouts as Earthquake Risks Soar

November 19, 2025
Japan's Insurers Face Catastrophic Payouts as Earthquake Risks Soar

Japan’s insurance industry is bracing for potentially massive payouts, as the country faces the growing likelihood of two major earthquakes …

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Court Freezes Two Savings Bonds of Swadesh Life Chairman: Major Loan Fraud Under Investigation!

November 19, 2025
Court Freezes Two Savings Bonds of Swadesh Life Chairman

A court in Dhaka has ordered the freezing of two savings bonds belonging to the Chairman of Swadesh Life Insurance …

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Govt’s Insurance Reform Plan Faces Major Backlash – What’s Really at Stake for Policyholders?

November 19, 2025
Govt’s Insurance Reform Plan Faces Major Backlash – What’s Really at Stake for Policyholders

As part of the government’s reform agenda, the Insurance Development and Regulatory Authority (IDRA) has proposed a series of reforms …

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ECB Vice President Warns of Sky-High Financial Risks: Could Markets Crash Next

December 31, 2025November 18, 2025
ECB Vice President Warns of Sky-High Financial Risks Could Markets Crash Next

European Central Bank (ECB) Vice President Luis de Guindos has warned that financial-stability risks remain elevated due to the unpredictable …

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Nickel Nightmare: Trader Faces $600M Fraud Trial in London!

December 31, 2025November 18, 2025
Nickel Nightmare Trader Faces $600M Fraud Trial in London!

A dramatic trial has opened at the High Court in London, over two years after Trafigura Group revealed it lost …

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K2 and Dale Secure ‘In Principle’ Approval from Lloyd’s for the Launch of Syndicate 1954

December 31, 2025November 18, 2025
K2 and Dale Secure ‘In Principle’ Approval from Lloyd’s for the Launch of Syndicate 1954

K2 Insurance Services, a prominent independent MGA platform, and Dale Underwriting Partners, the trading name for Dale Managing Agency Ltd.’s …

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Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans

December 31, 2025November 18, 2025
Google, Meta Delay Red Sea Cables as Security Risks Rattle Plans

Bangladesh’s capital market posted a surprisingly strong performance yesterday, defying heightened political tension triggered by the long-awaited verdict in the …

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