Category: Bangladesh

Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves

Record Remittance Inflows Strengthen Bangladesh Foreign Exchange Reserves

Bangladesh has recorded a historic surge in remittance inflows in March, with expatriate workers sending close to $4 billion in a single month—the highest level ever documented in the country’s history. The development underscores the increasing structural importance of overseas earnings in supporting macroeconomic stability, easing external financing pressures, and reinforcing foreign exchange buffers. According […]
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Global Insurance Premiums Rise As Rates Begin Softening Global Insurance Premiums Rise As Rates Begin Softening

Global Insurance Premiums Rise As Rates Begin Softening

Global commercial insurance premiums are forecast to reach approximately $1.4 trillion in 2025, reflecting continued expansion across the non-life insurance sector despite signs of moderating pricing and persistent exposure to climate-related risks. The projected growth rate of 2% to 3% suggests a stabilisation phase following several years of sharper premium increases driven by inflation, claims […]
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Sompo Maintains Stable Outlook Amid Aspen Integration Challenges Sompo Maintains Stable Outlook Amid Aspen Integration Challenges

Sompo Maintains Stable Outlook Amid Aspen Integration Challenges

The outlook for Sompo Japan Insurance Inc. remains stable, although the successful integration of its recent acquisition of Aspen Insurance Holdings Limited is expected to pose notable execution challenges in the near to medium term. This assessment, issued by AM Best, underscores both the opportunities and risks associated with the insurer’s ambitious global expansion strategy. […]
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Australians Regret Delayed Insurance As Premiums Surge Australians Regret Delayed Insurance As Premiums Surge

Australians Regret Delayed Insurance As Premiums Surge

A rising number of Australians are expressing regret over postponing private health insurance, as escalating premiums and mounting healthcare costs place increasing pressure on household finances. Fresh research by Finder indicates that roughly one in five adults now wish they had secured cover earlier, highlighting growing concerns over financial vulnerability in the face of medical […]
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Ex Police Official Charged Over 1.2m Corruption Scandal Ex-Police Official Charged Over £1.2m Corruption Scandal

Ex-Police Official Charged Over £1.2m Corruption Scandal

The Anti-Corruption Commission (ACC) has initiated formal legal proceedings against a retired senior police official and his spouse in Chattogram, following allegations of amassing illicit wealth totalling approximately 200 million BDT (roughly £1.2 million). The accused, Kamrul Hasan, a former Additional Deputy Commissioner (Prosecution) of the Chattogram Metropolitan Police, and his wife, Saima Hasan, now […]
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