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Merged Banks Shares Written Down to Zero Merged Banks’ Shares Written Down to Zero

Merged Banks’ Shares Written Down to Zero

Sharif Al Nahian | Sub-Editor | GLive24.comDecember 23, 2025
Bangladesh Bank has instructed five Shariah-based banks, recently merged into Sammilito Islami Bank PLC, to declare the shares of their existing shareholders as zero, after assessments revealed that the net asset value (NAV) of these shares is negative. The affected banks are First Security Islami, Social Islami, Global Islami, Union, and EXIM, according to a […]
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Power Struggles and Irregularities Rock Pubali Bank Power Struggles and Irregularities Rock Pubali Bank

Power Struggles and Irregularities Rock Pubali Bank

Md Sakib Hossain | Sub-Editor | GLive24.comDecember 22, 2025
Pubali Bank Limited, one of Bangladesh’s oldest and most prominent privately owned banks listed on the stock market, is increasingly embroiled in a deepening crisis of corporate governance. What initially appeared to be isolated compliance lapses has now unfolded into a broader pattern of structural weakness, prolonged boardroom infighting, and persistent regulatory defiance. Together, these […]
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Thai Life Product Shift Boosts Premiums, Reduces Profitability

Thai Life Product Shift Boosts Premiums, Reduces Profitability

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comDecember 22, 2025
Thai Life Insurance has recently undergone a significant transformation in its product portfolio, marking a strategic pivot towards endowment and whole life policies. This shift has driven a notable increase in premium inflows, but it has concurrently exerted pressure on the company’s overall profitability, according to a recent report by Maybank Securities. Company executives believe […]
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Thailand Property Insurance Surges Amid Natural Disaster Risks

Thailand Property Insurance Surges Amid Natural Disaster Risks

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comDecember 22, 2025
Thailand’s property insurance sector is set on a trajectory of steady growth over the next five years, driven largely by increasing exposure to natural hazards such as floods, earthquakes, and other extreme weather events. According to data from GlobalData, gross written premiums (GWP) are projected to rise from $1.7 billion in 2026 to $2 billion […]
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AI Risks Force Insurers to Revise Policies

AI Risks Force Insurers to Revise Policies

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comDecember 22, 2025
Artificial intelligence (AI) is rapidly reshaping risk landscapes across virtually every sector, compelling insurers to reconsider how these emerging threats are underwritten. For many years, certain AI-related exposures were quietly absorbed under broader cyber, professional liability, or general insurance policies—a practice commonly referred to as “silent AI coverage.” Yet as AI technologies become ever more […]
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Bank Asia And Heidelberg Launch Strategic Integrated Cash Management

Bank Asia And Heidelberg Launch Strategic Integrated Cash Management

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comDecember 22, 2025
Bank Asia PLC and Heidelberg Materials Bangladesh PLC have embarked on a strategic partnership designed to implement an advanced Integrated Cash Management (ICM) solution, aimed at enhancing efficiency and operational effectiveness across both organisations, according to a joint press release issued by the companies. The landmark agreement was formally signed on 17 December 2025 at […]
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NRB Bank Holds Twelfth Annual General Meeting

NRB Bank Holds Twelfth Annual General Meeting

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comDecember 22, 2025
NRB Bank PLC has successfully convened its Twelfth Annual General Meeting (AGM), marking another significant milestone in the institution’s journey towards strengthening corporate governance and stakeholder confidence. The AGM served as a clear demonstration of the bank’s enduring commitment to transparency, accountability, and meaningful shareholder engagement, all of which remain central to its governance philosophy. […]
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Growing Risks Redefine Global Reinsurance Landscape in 2025 Growing Risks Redefine Global Reinsurance Landscape in 2025

Growing Risks Redefine Global Reinsurance Landscape in 2025

Sharif Al Nahian | Sub-Editor | GLive24.comDecember 22, 2025
Standing at the threshold of 2025, the global reinsurance market can no longer be viewed merely as a supplementary financial mechanism. It has evolved into a core pillar of global risk management, economic stability, and post-disaster recovery. According to the latest consolidated analysis by the International Association of Insurance Supervisors (IAIS), the size of the […]
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Tk3363 Crore Insurance Claims Pending as Settlements Stall Tk3,363 Crore Insurance Claims Pending as Settlements Stall

Tk3,363 Crore Insurance Claims Pending as Settlements Stall

Sharif Al Nahian | Sub-Editor | GLive24.comDecember 22, 2025
Despite insurance being designed as a financial safety net during accidents, fires, and business disruptions, thousands of policyholders in Bangladesh continue to face prolonged uncertainty as claim settlements remain alarmingly low. Official figures reveal that general insurance companies are struggling to honour claims on time, leaving billions of taka unpaid and eroding public trust in […]
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