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Updates

Legal Notice Halts IDRA Recruitment Process

January 29, 2026
Legal Notice Halts IDRA Recruitment Process

Four officials of the Insurance Development and Regulatory Authority (IDRA) have served a legal notice seeking the immediate suspension of …

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Astha Life Secures Insurance Coverage for Sweet Group

January 29, 2026
Astha Life Secures Insurance Coverage for Sweet Group Astha Life Secures Insurance Coverage for Sweet Group

In a significant move towards enhancing employee welfare within the private sector, Astha Life Insurance Company Limited has formalised a …

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Green Delta Wins Award Despite Declining Financial Health

January 29, 2026
Green Delta Wins Award Despite Declining Financial Health Green Delta Wins Award Despite Declining Financial Health

In a move that has raised eyebrows across the financial sector, Green Delta Insurance PLC has been selected to receive …

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Japanese Motor Insurance Margins Under Pressure

January 28, 2026
Japanese Motor Insurance Margins Under Pressure

Japan’s motor insurance sector is facing mounting pressure as rising claims and natural catastrophe exposure continue to erode profitability, according …

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Zenith Islami Life Posts Strong Growth in 2025

January 28, 2026
Zenith Islami Life Posts Strong Growth in 2025 Zenith Islami Life Posts Strong Growth in 2025

Zenith Islami Life Insurance PLC, one of Bangladesh’s fastest-growing Shariah-compliant life insurers, recorded a year of remarkable business performance in …

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Mobile Phone Insurance Market Passes $70bn Milestone

January 27, 2026
Mobile Phone Insurance Market Passes $70bn Milestone

The global mobile phone insurance market is on course to exceed US$70bn by 2029, underpinned by rising smartphone prices, expanding …

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Hong Leong Insurance Targets Commercial Lines Growth

January 27, 2026
Hong Leong Insurance Targets Commercial Lines Growth

Hong Leong Insurance (Asia) Limited (HLIA) is poised to expand its footprint in Hong Kong’s general insurance market, leveraging its …

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Progressive Life Integrates Digital Payments via DBBL Rocket

January 27, 2026
Progressive Life Integrates Digital Payments via DBBL Rocket Progressive Life Integrates Digital Payments via DBBL Rocket

Progressive Life Insurance Co. Ltd. has officially digitised its premium collection process through a landmark partnership with Dutch-Bangla Bank PLC …

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Regulatory Controversy as Underperforming Insurer Receives Excellence Accolade

January 27, 2026
Regulatory Controversy as Underperforming Insurer Receives Excellence Accolade Regulatory Controversy as Underperforming Insurer Receives Excellence Accolade

The integrity of the Insurance Development and Regulatory Authority (IDRA) has come under intense scrutiny following the announcement of the …

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Standardised Appointment Rules for Insurance Advisers

January 26, 2026
Standardised Appointment Rules for Insurance Advisers

In a significant move aimed at enhancing transparency, professionalism, and regulatory discipline within Bangladesh’s insurance sector, the Bangladesh Insurance Development …

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