GLive24.com | truth alone triumphs

Author: Jim Rahman Sub-Editor (News Desk) | glive24.com

Global Insurance Neglects ₤55.5 Billion Reinsurance

Global Insurance Neglects ₤55.5 Billion Reinsurance

Global Insurance PLC has failed to reinsure policies valued at approximately 55.5 billion taka, in clear breach of statutory requirements. According to the Insurance Act 2010, insurance companies must arrange reinsurance for all re-insurable policies; failure to do so can result in suspension or cancellation of the company’s licence. The omission exposes both the insurer […]
Read more
Singapore Aviation Premiums Rise Amid Middle East Tensions

Singapore Aviation Premiums Rise Amid Middle East Tensions

The intensifying conflict in Iran is prompting Singapore-based insurers and airlines to brace for rising aviation insurance costs and stricter policy conditions, according to legal and industry experts. Tristan Thompson, Partner at Kennedys, highlighted that the recent escalation compounds pressures lingering from the 2022 Ukraine crisis, placing Singapore’s aviation sector at a heightened risk. “The […]
Read more
Manulife Champions Transparent Promotions for Women

Manulife Champions Transparent Promotions for Women

Equity in career advancement cannot rely on good intentions alone; it must be embedded in formal systems. Leah Ng, Chief Bancassurance Officer at Manulife (Singapore) Pte. Ltd., has urged the insurance industry to establish structured promotion pathways, highlighting the persistent structural barriers that prevent women from reaching senior leadership roles. Ng told Insurance Asia that […]
Read more
Community Bank Arranges Textile Syndicated Facility

Community Bank Arranges Textile Syndicated Facility

Community Bank Bangladesh PLC has signed syndication mandate agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. to arrange a syndicated financing facility amounting to BDT 6,500 million. The initiative is designed to strengthen the financial capacity and operational expansion of the two textile manufacturing companies, both of which play an active role […]
Read more
Long Queues Test Drivers Amid Fuel Shortage

Long Queues Test Drivers Amid Fuel Shortage

Drivers across the capital are once again facing severe delays as fuel shortages continue to disrupt the city’s daily commute. On Monday, long queues were reported at numerous filling stations, while some outlets temporarily suspended sales entirely, leaving motorists stranded and frustrated. Even at stations where fuel is unavailable, drivers of motorcycles, private cars, and […]
Read more
Oil Prices Soar Above Hundred Dollar Per Barrel Mark

Oil Prices Soar Above Hundred Dollar Per Barrel Mark

International oil markets have experienced a dramatic surge, with the price of Brent crude exceeding one hundred dollars per barrel amid intensifying geopolitical tensions in the Middle East. The benchmark crude reached one hundred eight dollars and seventy-seven cents per barrel, reflecting one of the sharpest single-day increases since the global health crisis disrupted markets […]
Read more
1 98 99 100 101 102 213

Most Read