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Category: Economy

Reinsurance market strained by Baltimore bridge claim

Reinsurance market strained by Baltimore bridge claim

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 5, 2026
Insured losses linked to the collapse of the Francis Scott Key Bridge are now estimated to exceed $2.8bn, according to Howden Re. The revision marks a substantial increase from the initial post-incident estimate of around $1.5bn following the March 2024 collision involving the Singapore-flagged container vessel Dali. Howden Re reports that the scale of the […]
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Service Cell In-Charge Meeting and Claim Cheque Distribution Held by Popular Life

Service Cell In-Charge Meeting and Claim Cheque Distribution Held by Popular Life

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 5, 2026
Popular Life Insurance Company Limited organised its Service Cell In-Charge Conference alongside the formal handover of insurance claim cheques to policyholders. The event took place on Monday (4 May) at the auditorium of the Institution of Diploma Engineers, Bangladesh (IDEB) in Dhaka. The programme was attended by senior officials of the company and focused on […]
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Prime Bank hosts PrimeAcademia seminar at BUTEX

Prime Bank hosts PrimeAcademia seminar at BUTEX

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 5, 2026
Prime Bank PLC, in collaboration with Bangladesh University of Textile (BUTEX) and its Career Club, organised a seminar titled “Financial Inclusion: Engaging & Inspiring Youth in Banking” under its PrimeAcademia initiative, according to a press release. The seminar focused on enhancing awareness of financial inclusion, developing youth engagement with the banking sector, and promoting essential […]
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NCC Bank Organises Workplace Mental Health Session

NCC Bank Organises Workplace Mental Health Session

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 5, 2026
NCC Bank has organised a mental health awareness workshop for its female employees under the title “Mind Matters: Workplace Mental Health Talk for Women” at its Head Office, according to a press release. The initiative reflects the bank’s stated commitment to promoting a supportive, inclusive and healthy working environment. The session was led by Dr […]
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Community Bank Unveils EduSuite 360 for Schools

Community Bank Unveils EduSuite 360 for Schools

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 5, 2026
Community Bank Bangladesh PLC has launched ‘Community EduSuite 360’, a structured school banking solution aimed at delivering a unified set of financial, administrative, and student-oriented services for educational institutions. The formal inauguration took place at the Police Headquarters and was officiated by Md. Ali Hossain Fakir, who also serves as Chairman of the bank. The […]
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Audit of Islamic Bank Staffing Audit of Islamic Bank Staffing

Audit of Islamic Bank Staffing

GLive24.com DeskMay 4, 2026
The Bangladesh Bank has formally established a high-level investigative committee to conduct a comprehensive audit of recruitment procedures and subsequent staff redundancies at six prominent Shariah-based commercial banks. Led by an Executive Director of the central bank, the seven-member panel is mandated to evaluate the legal standing of thousands of appointments made over recent years, […]
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Ping An Group Financial Projections and Strategic Objectives for 2026 Ping An Group: Financial Projections and Strategic Objectives for 2026

Ping An Group: Financial Projections and Strategic Objectives for 2026

GLive24.com DeskMay 4, 2026
Financial analysts and market observers anticipate a period of sustained fiscal recovery for Ping An Insurance (Group) Company of China, Ltd. throughout the 2026 financial year. This projected upturn is expected to be driven by a comprehensive improvement in the group’s operational verticals, specifically through increased life insurance sales volumes, stabilised investment returns, and a […]
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Hong Kong Long Term Insurance Market Statistics 2025 Hong Kong Long-Term Insurance Market Statistics 2025

Hong Kong Long-Term Insurance Market Statistics 2025

GLive24.com DeskMay 4, 2026
Provisional statistics released by the Insurance Authority (IA) for the 2025 calendar year indicate a period of robust activity within Hong Kong’s long-term insurance sector. The data underscores the territory’s enduring status as a primary international centre for risk management and capital preservation. Throughout the twelve-month period, the market successfully registered 109,813 new direct long-term […]
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