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Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 27, 2026
Chief executives across the global insurance industry are accelerating investment in artificial intelligence (AI), signalling a decisive shift towards technology-led growth as firms navigate economic uncertainty, climate pressures, and an increasingly complex risk environment. While challenges persist, industry leaders remain notably confident about future prospects, underpinned by strong belief in digital transformation. A recent global […]
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Taka Exchange Rates Update Taka Exchange Rates Update

Taka Exchange Rates Update

Shourav Biswas | Sub-Editor | GLive24.comMarch 27, 2026
Bangladesh’s economic integration with the global market continues to deepen, driven by rising volumes of imports and exports, expanding remittance inflows, and increasing international financial transactions. As a result, close monitoring of foreign exchange rates has become essential for businesses, investors, and consumers alike. Fluctuations in currency values directly influence import costs, energy prices, industrial […]
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Bangladesh Plans Major Bank Overhaul Bangladesh Plans Major Bank Overhaul

Bangladesh Plans Major Bank Overhaul

Shourav Biswas | Sub-Editor | GLive24.comMarch 27, 2026
A sweeping structural overhaul is being signalled in Bangladesh’s banking sector, with policymakers moving to reconstitute the boards of directors of 22 banks across both the state-owned and private segments. The initiative is aimed at strengthening governance, transparency, accountability, and operational efficiency in the aftermath of recent political transitions, according to officials familiar with the […]
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Sealed Banknotes Return to Market Old Banknotes Return to Circulation

Old Banknotes Return to Circulation

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 26, 2026
Previously sealed banknotes bearing the portrait of Sheikh Mujibur Rahman have begun re-entering active circulation in Bangladesh, signalling a pragmatic recalibration of monetary management under the country’s interim administration led by Muhammad Yunus. The development follows months of restriction during which older currency designs were withdrawn from routine circulation and progressively replaced with newly issued […]
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JPMorgan Expands Middle East Private Banking JPMorgan Expands Middle East Private Banking

JPMorgan Expands Middle East Private Banking

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 26, 2026
JPMorgan Chase has further strengthened its Middle East operations with the appointment of experienced wealth manager Rony Chaker, signalling a continued push to capture a larger share of the region’s rapidly growing ultra-high-net-worth (UHNW) client segment. Mr Chaker joins from Barclays Private Bank, where he built an extensive career spanning nearly two decades. Based in […]
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LIRG Supports Innovative Cyber Risk Cover LIRG Supports Innovative Cyber Risk Cover

LIRG Supports Innovative Cyber Risk Cover

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 26, 2026
Algorithmic Insurance Services, operating under the name LIRG, has unveiled a $15 million quota-share reinsurance facility to support a pioneering cyber warranty programme developed by New York-based managing general agent DLT Alert. The arrangement signals a growing shift within the insurance market towards faster, data-driven solutions capable of addressing modern cyber threats, particularly those arising […]
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Singlife Bolsters Board with Veteran Regulator Singlife Bolsters Board with Veteran Regulator

Singlife Bolsters Board with Veteran Regulator

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 26, 2026
Singapore Life Holdings Pte. Ltd. and its subsidiary, Singapore Life Ltd., have strengthened their governance framework with the appointment of Leo Mun Wai as an Independent Non-Executive Director across both boards, a move widely viewed as reinforcing oversight capabilities amid a more demanding regulatory climate. Mr Wai, an accomplished figure in financial regulation, brings more […]
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CFOs Reshape Insurance Leadership CFOs Reshape Insurance Leadership

CFOs Reshape Insurance Leadership

Shourav Biswas | Sub-Editor | GLive24.comMarch 26, 2026
In 2026, the role of chief financial officers (CFOs) within Australia’s insurance sector is expected to undergo a profound transformation, driven by persistent global economic uncertainty, evolving customer expectations, rapid technological advancement and increasingly stringent regulatory requirements. Insurance organisations are navigating a period of structural change, and CFOs are emerging as central figures in steering […]
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