Category: Asia

Chubb Reports Substantial Profit Surge in First Quarter of 2026 Chubb Reports Substantial Profit Surge in First Quarter of 2026

Chubb Reports Substantial Profit Surge in First Quarter of 2026

ZURICH — Chubb Limited has released its financial results for the first quarter of 2026, ending 31 March, reporting a significant 74.3% year-on-year increase in net income. The global insurer’s net earnings reached $2.32 billion, compared to $1.33 billion during the same period in the previous year. This performance was underpinned by robust underwriting results […]
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Allianz and Jio Financial Services Formalise Strategic Insurance Partnership in India Allianz and Jio Financial Services Formalise Strategic Insurance Partnership in India

Allianz and Jio Financial Services Formalise Strategic Insurance Partnership in India

MUMBAI and MUNICH — Allianz Group, acting through its wholly owned subsidiary Allianz Europe B.V., has entered into a definitive, binding agreement with Jio Financial Services Limited (JFSL) to establish a 50:50 joint venture. This partnership is dedicated to the primary insurance sector, specifically targeting the general insurance and health insurance markets within India.   […]
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Catastrophe Bond Prices Fall Sharply Catastrophe Bond Prices Fall Sharply

Catastrophe Bond Prices Fall Sharply

The global catastrophe bond (cat bond) market has recently experienced a notable shift in pricing dynamics, with significant reductions in risk premiums driving down issuance costs. Two major United States-based insurers—American Integrity Insurance and SafePoint Insurance—have collectively secured $510 million in reinsurance protection through recent cat bond transactions, reflecting an approximate 25 per cent year-on-year […]
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Runa Laila Returns to Australian Stage 2 Runa Laila Returns to Australian Stage

Runa Laila Returns to Australian Stage

Legendary South Asian vocalist Runa Laila is set to return to Australia after nearly a decade-long hiatus, marking a significant moment for international and diaspora music audiences. The celebrated singer will headline a special two-city concert series this August, accompanied by the Bengal Symphony, under the direction of music director and composer Emon Chowdhury. The […]
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Taka Exchange Rates Updated Globally Taka Exchange Rates Updated Globally

Taka Exchange Rates Updated Globally

Bangladesh’s economy is becoming increasingly integrated with global trade and remittance flows, making foreign exchange movements a critical indicator for policymakers, businesses, and households alike. Export earnings, import payments, and remittances from Bangladeshis working abroad collectively form the backbone of the country’s foreign currency inflows. Against this backdrop, daily exchange rate updates of the Bangladeshi […]
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Money Printing Raises Economic Alarm Money Printing Raises Economic Alarm

Money Printing Raises Economic Alarm

Economists and policy analysts have expressed deep concern over Bangladesh Bank’s growing reliance on financing government expenditure through money creation, warning that such practices could intensify inflationary pressures and place sustained strain on the broader macroeconomic framework. At a recent seminar held at the Policy Research Institute’s office in Banani, Dhaka, experts highlighted that the […]
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Cricket Row Sparks World Cup Controversy Cricket Row Sparks World Cup Controversy

Cricket Row Sparks World Cup Controversy

A developing controversy surrounding Bangladesh cricket administration has intensified following a social media comment by former youth and sports adviser Asif Nazrul. The remark, made amid a series of administrative and selection-related tensions, has reportedly escalated an already sensitive situation, with some commentators suggesting it contributed to uncertainty over Bangladesh’s participation in an upcoming international […]
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Measles Death Classification Dispute Deepens Measles Death Classification Dispute Deepens

Measles Death Classification Dispute Deepens

Confusion surrounding the classification and reported number of child deaths due to measles has resurfaced in the country, as inconsistencies persist between official health data and expert interpretations. Public health specialists argue that any death occurring in the presence of measles symptoms should be considered a measles-related fatality. However, the inclusion of dual categories such […]
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Tehran Rejects Trumps Unity Claims Tehran Rejects Trump’s Unity Claims

Tehran Rejects Trump’s Unity Claims

Tehran has firmly dismissed recent assertions by former United States President Donald Trump regarding alleged divisions within Iran’s political leadership, branding the claims as entirely unfounded and detached from reality. Iranian officials insist that the country is more unified than ever, with no meaningful rifts between the state leadership and the public. According to reports […]
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