The Insurance Council of Australia (ICA) has welcomed the New South Wales Government’s announcement of a Parliamentary inquiry into reforming the Emergency Services Levy (ESL), describing it as a crucial step towards a fairer and more sustainable system. The ESL, which contributes significantly to the cost of insurance premiums, raises approximately $1.3 billion from New […]

The Republic of Armenia has announced the reinstatement of its agricultural insurance programme, a key support mechanism for farmers, with operations set to resume on 15 February 2026, according to comments by Minister of Economy Gevorg Papoyan. The announcement, made during a live update on the minister’s official Facebook page, signals the continuation of a government effort […]

Standard Bank PLC, a leading Shari’ah-based private commercial lender in Bangladesh, has officially inaugurated a month-long nationwide campaign designed to harmonise traditional Islamic values with cutting-edge financial technology. Titled “Smart Banking and Remittance Service,” the initiative operates under the evocative slogan: “Sincere Service Bridging Shari’ah and Modernity.” A Strategic Vision for Digital Inclusion The campaign […]

The Bangladeshi insurance sector is in mourning following the death of Sheikh Kabir Hossain, the long-standing former President of the Bangladesh Insurance Association (BIA). Mr Hossain breathed his last at approximately 10:30 am on Saturday, 14 February, while undergoing treatment at a private hospital in Dhaka. He was 83. Sources within the industry confirmed that […]