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Category: Economy

Insurance Magnates Enter Fray for Thirteenth General Election Insurance Magnates Enter Fray for Thirteenth General Election

Insurance Magnates Enter Fray for Thirteenth General Election

News Desk, GLive24.comFebruary 11, 2026
As Bangladesh prepares for the high-stakes Thirteenth National Parliamentary Election, the intersection of high finance and frontline politics has become increasingly prominent. Three titans of the country’s insurance sector—spanning both Life and Non-Life categories—have officially entered the electoral race. Interestingly, all three candidates are contesting under the “Sheaf of Paddy” symbol, representing the Bangladesh Nationalist […]
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FCC Launches Insurance Based Membership Programs FCC Launches Insurance-Based Membership Programs

FCC Launches Insurance-Based Membership Programs

News Desk, GLive24.comFebruary 10, 2026
Fishers Community Center (FCC), in collaboration with IU Health, officially launched its new insurance-based membership programme on Monday, 9 February. The initiative allows eligible participants to maintain their health, improve physical fitness, and stay socially connected, with direct coverage through their health insurance plans. The insurance-based membership offers access to a range of nationally recognised […]
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Global Dental Insurance Market Poised for Surge

Global Dental Insurance Market Poised for Surge

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 10, 2026
The global dental insurance market is projected to experience substantial growth over the next decade, driven by rising oral health awareness, increasing treatment costs, and technological advancements. According to a recent report by Market Data Forecast, the sector is expected to register a compound annual growth rate (CAGR) of 9.5% between 2025 and 2033. Market […]
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Foreign Reserves Surpass $34 Billion Ahead of Elections

Foreign Reserves Surpass $34 Billion Ahead of Elections

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 10, 2026
Just days before Bangladesh’s 13th national parliamentary election and the associated referendum scheduled for 12 February, the country’s foreign currency reserves have exceeded the $34 billion mark, signalling robust financial stability at a politically sensitive moment. Economists and policymakers regard this milestone as a key indicator of the nation’s macroeconomic resilience. Arif Hossain Khan, Executive […]
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Insurance Fraud Losses Soar Amid Modern Payments Shift

Insurance Fraud Losses Soar Amid Modern Payments Shift

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 10, 2026
Global insurance companies are losing an estimated $1.14 million annually due to payment-related fraud, highlighting a growing vulnerability as digital and mobile payment methods become the norm. Experts warn that if transactional fraud is not identified promptly, it can escalate into larger claims-related fraud, compounding financial losses. These findings were published in the Adyen Index: […]
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Bangladesh Bank Extends Student Banking Age to 25 1 Bangladesh Bank Extends Student Banking Age to 25

Bangladesh Bank Extends Student Banking Age to 25

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 10, 2026
The Bangladesh Bank has announced a comprehensive overhaul of its youth financial services, significantly expanding access to formal banking for the nation’s academic population. Under a new directive issued by the Financial Inclusion Department on 9 February 2026, the central bank has raised the eligibility age for student accounts and introduced a suite of modern […]
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Governor Urges Insurance Sector to Embrace Cashless Payments 1 Governor Urges Insurance Sector to Embrace Cashless Payments

Governor Urges Insurance Sector to Embrace Cashless Payments

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 10, 2026
In a decisive move to modernise Bangladesh’s financial ecosystem, Dr Ahsan H. Mansur, Governor of Bangladesh Bank, has called upon the nation’s insurers to transition towards a fully cashless transaction model. Speaking at a high-profile event at the BIAM Foundation auditorium in Dhaka, the Governor underscored that digitisation is no longer a choice but a […]
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Zurich Unveils Five Minute AI Driven Cyber Cover Zurich Unveils Five-Minute AI-Driven Cyber Cover

Zurich Unveils Five-Minute AI-Driven Cyber Cover

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 10, 2026
Zurich Financial Services Australia has announced a significant leap forward in the digital insurance space with the launch of PrimeOne, an AI-powered cyber insurance solution tailored specifically for the Australian market. Developed in strategic partnership with Cowbell, a specialist in cyber risk, the product aims to dismantle the traditional, often cumbersome, barriers to obtaining robust […]
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