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Wildfires and Storms Drive 2025 Insured Losses

Wildfires and Storms Drive 2025 Insured Losses

Secondary perils dominate global catastrophe claims despite calmer hurricane activity In 2025, secondary perils—including wildfires, severe convective storms (SCS), and floods—accounted for 92% of global insured natural catastrophe losses, according to Swiss Re Institute. Total losses reached US$107 billion, reflecting a year shaped more by the frequency of events than by any single extreme disaster. […]
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Taiwanese Insurers Face Middle East Investment Fluctuations

Taiwanese Insurers Face Middle East Investment Fluctuations

Taiwanese life insurers are likely to encounter short-term volatility in their Middle East holdings as the ongoing regional conflict continues, although the sector’s financial position appears resilient, according to S&P Global Ratings. The insurer report highlights that rated companies hold bonds primarily linked to Israel, Saudi Arabia, Qatar, and the United Arab Emirates. Effie Tsai, […]
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Bangladeshi Card Spending Abroad US Leads Credit, UK Debit

Bangladeshi Card Spending Abroad: US Leads Credit, UK Debit

Bangladeshi bank cards, both credit and debit, are increasingly used abroad, reflecting shifting trends in overseas spending. While credit cards historically dominated international transactions, debit cards have gained traction in recent years, offering a convenient, interest-free alternative for Bangladeshi travellers and expatriates. A recent report from Bangladesh Bank provides insights into card usage patterns across […]
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European Insurance Sector Accelerates Consolidation

European Insurance Sector Accelerates Consolidation

At the outset of 2026, Europe’s insurance and reinsurance industry is experiencing a notable uptick in consolidation and merger activity. Following a series of significant deals, numerous reinsurance firms have become increasingly active in evaluating potential acquisitions to strengthen their market positions. A recent high-profile transaction by Zurich Insurance Group’s specialist unit, Beazle, has emphasised […]
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Prime Bank, Export Sheba Forge Export Drive

Prime Bank, Export Sheba Forge Export Drive

In a concerted effort to accelerate Bangladesh’s export diversification, Prime Bank PLC has formalised a strategic collaboration with Export Sheba. The partnership is aimed at strengthening the country’s export ecosystem by equipping small and medium-sized enterprises (SMEs) and emerging exporters with the knowledge, tools, and confidence required to compete in global markets. The agreement was […]
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Navi Introduces Fully Digital Motor Insurance

Navi Introduces Fully Digital Motor Insurance

Navi General Insurance has launched a new motor insurance product in India, offering a fully digital experience for both traditional and electric vehicles. The service is designed to provide car and two-wheeler owners with customised coverage, accessible entirely through the company’s mobile application. Customers can choose between comprehensive policies, own-damage coverage, or third-party liability insurance, […]
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