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Flood Insurance Contracts in Malaysia Amid Rising Risks

Flood Insurance Contracts in Malaysia Amid Rising Risks

GLive24.com DeskFebruary 2, 2026
Malaysia’s insurance sector is confronting mounting concerns as the availability of flood insurance contracts contracts even as natural disaster risks escalate. According to the latest “Asia Pacific October 2025 Market Watch” report by Gallagher Re, flooding remains the country’s most severe natural hazard, exacerbated by the dual seasonal monsoons and rising costs associated with weather-related […]
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IFIC Bank Holds Regional Branch Conference in Chittagong

IFIC Bank Holds Regional Branch Conference in Chittagong

GLive24.com DeskFebruary 2, 2026
Aiming to strengthen business expansion, sustainable growth, and the quality of customer service, IFIC Bank conducted an in-depth review of the operations of its branches in the Chittagong region. The event, titled “IFIC Bank Sub-Branch Business Conference 2026 – Chittagong Region”, took place on Saturday, 31 January 2026, at the historic Chittagong Club. Representatives from […]
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Asia-Pacific Insurance Faces Challenges, Sees Opportunities

Asia-Pacific Insurance Faces Challenges, Sees Opportunities

GLive24.com DeskFebruary 1, 2026
The Asia-Pacific insurance sector is entering 2026 amid a complex landscape, as geopolitical shifts, natural disasters, artificial intelligence (AI), and financial market pressures collectively test the resilience of insurers. According to S&P Global Market Intelligence’s APAC 2026 Insurance Outlook, overall premium growth is expected to moderate, but niche segments such as cyber insurance and longevity […]
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Islami Bank Reaffirms Service Excellence Drive

Islami Bank Reaffirms Service Excellence Drive

GLive24.com DeskFebruary 1, 2026
Islami Bank Bangladesh PLC has renewed its commitment to strengthening public confidence and elevating customer satisfaction by intensifying a comprehensive service-excellence agenda across its operations. The renewed pledge was articulated at a staff conference held in Dhaka, bringing together officials and employees from three operational zones and five corporate branches, underscoring the institution’s emphasis on […]
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Asia’s Insurance Sector Sees Strategic Advancements

Asia’s Insurance Sector Sees Strategic Advancements

GLive24.com DeskJanuary 31, 2026
The Asian insurance market witnessed a flurry of strategic initiatives between 26–30 January 2026, reflecting an industry-wide drive to strengthen market presence, enhance brand value, and offer innovative products to consumers. During this period, leading insurers pursued major investments, launched pioneering policies, and forged key partnerships, signalling sustained confidence in the region’s growth potential. Prudential […]
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Bangladesh Enacts Landmark Microfinance Banking Law

Bangladesh Enacts Landmark Microfinance Banking Law

GLive24.com DeskJanuary 31, 2026
Bangladesh has taken a historic step in formalising its microfinance sector with the enactment of the Microfinance Bank Act, 2026 by the interim government. The legislation introduces a new category of financial institution — the microfinance bank — bringing microcredit operations into the mainstream banking framework under formal regulatory oversight, including deposit mobilisation, central bank […]
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Six-Year Natural Catastrophe Reinsurance Review

Six-Year Natural Catastrophe Reinsurance Review

GLive24.com DeskJanuary 29, 2026
Global reinsurers have faced six consecutive years of substantial natural catastrophe losses, with annual losses exceeding USD 100 billion, according to rating agency AM Best. This sustained high-loss environment is prompting reinsurers to reassess their risk management strategies and contract structures, even though overall capital levels remain robust. AM Best reports that reinsurance contracts continue […]
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