Zenith Islami Life Honours Death Claim Promptly
Zenith Islami Life Insurance PLC has officially disbursed BDT 970,400 to settle the death claim of its policyholder, Mr. Jalal. …
Updates
IDRA Overhauls Insurance Sector to Restore Confidence
Dhaka, Bangladesh Pratidin: Following recent political upheavals, Bangladesh’s interim government has assumed office with a commitment to comprehensive national reforms. …
IDRA Excludes Popular Uprisings from Insurance
The Insurance Development and Regulatory Authority (IDRA), the regulatory body overseeing the nation’s insurance sector, has issued a new directive …
Rising Fraud Threatens Indonesia’s Life Insurance Sector
Instances of fraud in life insurance claims are rising alarmingly across Indonesia, raising concerns among regulators and industry experts. The …
Insurance Industry Sees AI Surge, Premium Growth Slows
The global insurance sector witnessed a week of contrasting developments, with rapid adoption of artificial intelligence (AI), signs of slowing …
Global property reinsurance prices are falling.
Global credit rating agency AM Best has revised its outlook for the worldwide reinsurance sector from “Positive” to “Stable”, citing …
Insurance fraud in fake accident case: Case filed against 8 individuals
Daejeon Metropolitan Police Bureau has recently filed charges against a sophisticated insurance fraud ring that orchestrated staged road accidents to …
New Life Insurance Rule Caps Overseas Head Office Spending
The Insurance Development and Regulatory Authority (IDRA) has introduced a new rule limiting the operational expenditure of life insurance companies’ …
APAC Crop Insurance Set for Rapid Growth
The Asia-Pacific (APAC) crop insurance market is projected to experience substantial expansion over the next decade, emerging as a dominant …
India Poised to Lead Global Insurance Growth
India’s insurance market is on track to outpace both China and the United States in premium growth by 2030, according …