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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.

Former Finance Minister Abul Hasan Mahmood Ali Dies at 82

December 24, 2025November 7, 2025
Musk Wins Shareholder Backing for Record 880 Billion Tesla Pay Deal 6 Former Finance Minister Abul Hasan Mahmood Ali Dies at 82

Abul Hasan Mahmood Ali, former finance minister of Bangladesh, passed away yesterday at a private hospital in Dhaka. He was …

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UK Pet Insurance Premiums Rise Modestly as Market Stabilises – Pearson Ham

November 15, 2025November 6, 2025
Untitled design 30 UK Pet Insurance Premiums Rise Modestly as Market Stabilises – Pearson Ham

The UK pet insurance market has shown signs of stabilisation in the third quarter of 2025, with average premiums experiencing …

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Thai Life Insurance Wins Asian Innovation Award for AI-Driven Agent Training

November 15, 2025November 6, 2025
Untitled design 29 Thai Life Insurance Wins Asian Innovation Award for AI-Driven Agent Training

Thai Life Insurance Public Company Limited was honoured at the Asian Innovation Excellence Awards 2025 in the Thailand Learning & …

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Stellantis Recalls 375,000 Jeep SUVs Over Fire Risk, Advises Owners to Park Outdoors

November 15, 2025November 5, 2025
Stellantis Recalls 375000 Jeep SUVs Over Fire Risk Advises Owners to Park Outdoors Stellantis Recalls 375,000 Jeep SUVs Over Fire Risk, Advises Owners to Park Outdoors

Stellantis has announced a global recall of 375,000 plug-in hybrid Jeep Wrangler and Grand Cherokee SUVs due to a battery …

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Baldwin Insurance Reports Revenue Growth, But Posts Loss in Q3

November 15, 2025November 5, 2025
Baldwin Insurance Reports Revenue Growth But Posts Loss in Q3 Baldwin Insurance Reports Revenue Growth, But Posts Loss in Q3

Baldwin Insurance Group has announced a revenue of $365.4 million for the third quarter, marking a 7.8% increase compared to …

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Tariff-Linked Lawsuits Set to Drive Surge in D&O Insurance Demand

November 15, 2025November 5, 2025
Marsh Files Lawsuit Against Former Employees Over Scheme to Launch Howden US 1 Tariff-Linked Lawsuits Set to Drive Surge in D&O Insurance Demand

A group of investors in Dow Inc. filed a lawsuit in late August accusing the chemical giant of failing to …

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Marsh Files Lawsuit Against Former Employees Over ‘Scheme’ to Launch Howden US

November 15, 2025November 5, 2025
Marsh Files Lawsuit Against Former Employees Over Scheme to Launch Howden US Marsh Files Lawsuit Against Former Employees Over 'Scheme' to Launch Howden US

Marsh, the global insurance brokerage, has filed a new lawsuit against seven former employees who are now at Howden US, …

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Hurricane Melissa Causes 30% GDP Loss for Jamaica

November 15, 2025November 5, 2025
Untitled design 64 Hurricane Melissa Causes 30% GDP Loss for Jamaica

Jamaica’s Prime Minister Andrew Holness revealed on Tuesday that Hurricane Melissa, which struck the island last week, caused damage equivalent …

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AIG Reports Strong Q3 2025 Results, Boosted by Strategic Investments and Deals

November 15, 2025November 5, 2025
Untitled design 20 AIG Reports Strong Q3 2025 Results, Boosted by Strategic Investments and Deals

American International Group (AIG) has posted impressive financial results for the third quarter ending September 30, 2025, with net income …

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LIC AAO 2025 Mains Exam: Revised Shift Timings and Reporting Schedule

November 15, 2025November 5, 2025
Untitled design 19 LIC AAO 2025 Mains Exam: Revised Shift Timings and Reporting Schedule

The Life Insurance Corporation of India (LIC) has announced revised shift timings for the LIC AAO 2025 Mains exam. As …

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