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Category: Economy

Insurers Face Uphill Battle to Build Consumer Trust in AI 1 Insurers Face Uphill Battle to Build Consumer Trust in AI

Insurers Face Uphill Battle to Build Consumer Trust in AI

Global insurance companies are facing a significant challenge in explaining their deployment of artificial intelligence (AI) as consumers remain deeply sceptical of the technology. Whilst corporate employees and employers grow increasingly comfortable with automation, consumer anxiety threatens client retention. According to the newly released 2026 Customer Experience Benchmark report by Smart Communications LLC, an overwhelming […]
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Expert Explains Tree Damage Insurance Rules 1 Expert Explains Tree Damage Insurance Rules

Expert Explains Tree Damage Insurance Rules

Homeowners dealing with overhanging branches from a neighbour’s tree are being advised to understand both their legal rights and their insurance responsibilities, as failing to act could leave them facing costly repair bills. Trees that extend beyond property boundaries are a common source of neighbourhood disputes. Overhanging branches can block sunlight, shed leaves and debris, […]
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Bangladesh Currency Rates Show Mixed Stability Today Bangladesh Currency Rates Show Mixed Stability Today

Bangladesh Currency Rates Show Mixed Stability Today

Bangladesh’s foreign exchange market continues to reflect the country’s deepening integration with global trade, with the value of the taka moving in response to international demand, remittance inflows, and broader macroeconomic pressures. On 28 June 2026, official data from Bangladesh Bank and commercial banking channels indicate a relatively steady but fluctuating pattern in exchange rates […]
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Insurance Sector Faces AI Climate and Consumer Challenges 1 Insurance Sector Faces AI, Climate and Consumer Challenges

Insurance Sector Faces AI, Climate and Consumer Challenges

The global insurance industry experienced a week of significant developments between 23 and 26 June, as regulators, insurers and researchers highlighted changing consumer expectations, the expanding influence of artificial intelligence (AI), growing concerns over climate-related financial risks and fresh regulatory initiatives aimed at strengthening insurance markets. The developments reflected several of the key issues shaping […]
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Asias Insurance Landscape Faces Major Transformation Asia's Insurance Landscape Faces Major Transformation

Asia’s Insurance Landscape Faces Major Transformation

Asia’s insurance sector witnessed a series of significant developments between 23 and 26 June, reflecting changing consumer priorities, accelerating digital transformation, growing scrutiny of artificial intelligence (AI), and mounting concerns over the economic impact of uninsured natural disasters. At the same time, regulators across the region introduced new initiatives aimed at strengthening governance and supporting […]
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Governance and Digital Reform Vital for Insurance Confidence 1 Governance and Digital Reform Vital for Insurance Confidence

Governance and Digital Reform Vital for Insurance Confidence

Strengthening governance, accelerating digital transformation and restoring public confidence emerged as the central themes of a post-budget seminar examining the future prospects and challenges of Bangladesh’s insurance sector. The seminar, organised by the Insurance Reporters Forum (IRF), was held on Saturday at Hotel Ekattor in Bijoynagar, Dhaka. It brought together policymakers, regulators, industry leaders and […]
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Trust Bank Announces Officer Vacancies With No Age Limit 1 Trust Bank Announces Officer Vacancies With No Age Limit

Trust Bank Announces Officer Vacancies With No Age Limit

Trust Bank PLC, one of the prominent private commercial banks in Bangladesh, has officially released a recruitment notification seeking qualified professionals for its corporate operations. The financial institution is looking to hire capable individuals for the position of ‘Officer’ within its specialised Retail Banking Services Communication (SO-PO) department. The application window is currently open, offering […]
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