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BIA Enforces Zero Commission Policy in Non Life Insurance BIA Enforces Zero Commission Policy in Non-Life Insurance

BIA Enforces Zero Commission Policy in Non-Life Insurance

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 25, 2026
In a decisive move to restore financial discipline within the national insurance sector, the Bangladesh Insurance Association (BIA) has issued a formal directive mandating that all non-life insurance companies secure written undertakings from their respective branch managers. This initiative is designed to rigorously enforce the “Zero Commission Policy”, a regulatory framework established by the Insurance […]
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Arakan Army Members Apprehended During Incursion into Naikhongchhari Arakan Army Members Apprehended During Incursion into Naikhongchhari

Arakan Army Members Apprehended During Incursion into Naikhongchhari

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 25, 2026
The Border Guard Bangladesh (BGB) has apprehended three members of the Arakan Army (AA), a prominent Myanmar-based insurgent group, following an attempted illegal crossing into Bangladeshi territory. The arrests were made on Monday evening, 23 February, in the Amatali border area of the Ghumdhum Union, situated within the Bandarban hill district of Naikhongchhari. Circumstances of […]
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Tragedy in Noakhali as Infant Dies Following Admission Tragedy in Noakhali as Infant Dies Following Admission

Tragedy in Noakhali as Infant Dies Following Admission

Sharif Al Nahian | Sub-Editor | GLive24.comFebruary 25, 2026
A six-month-old infant, identified as Arohi, passed away on Tuesday morning at the Begumganj Upazila Health Complex in Noakhali, sparking allegations of medical negligence and improper injections from grieving relatives. The incident, which occurred at approximately 11:30 AM on 24 February, led to a tense standoff at the facility, requiring police intervention to restore order. […]
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Major MiLogin Outage Disrupts Michigan Unemployment Services Major MiLogin Outage Disrupts Michigan Unemployment Services

Major MiLogin Outage Disrupts Michigan Unemployment Services

News Desk, GLive24.comFebruary 24, 2026
Michigan, USA — A significant technical disruption has hit Michigan’s unemployment benefits system today, preventing residents and employers from accessing key online services. The state’s universal secure login portal, MiLogin, is experiencing intermittent outages, leaving users unable to access unemployment assistance platforms. The outage has directly affected the Michigan Unemployment Insurance Agency (UIA)’s two primary […]
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Bangladesh Bank Launches New Loan Recovery Measures Bangladesh Bank Launches New Loan Recovery Measures

Bangladesh Bank Launches New Loan Recovery Measures

News Desk, GLive24.comFebruary 24, 2026
In a bid to revive businesses struggling under mounting debt, Bangladesh Bank has introduced a fresh policy framework aimed at providing targeted financial relief to borrowers. The central bank, in a circular issued last Sunday, announced that following requests from various banks and stakeholders, measures including relaxed down payment requirements and extended implementation timelines would […]
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Nagad Urged to Secure Major Investments for Sustainability Nagad Urged to Secure Major Investments for Sustainability

Nagad Urged to Secure Major Investments for Sustainability

News Desk, GLive24.comFebruary 24, 2026
Bangladesh Bank has indicated that the country’s leading mobile financial service (MFS) provider, Nagad, has significantly mitigated its operational and financial risks. However, the central bank emphasised that substantial investment is essential for the service to maintain long-term viability. According to officials, both domestic and foreign investment inflows would have a positive impact on the […]
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Tokyo Marine Singapore Strengthens Asia Strategy

Tokyo Marine Singapore Strengthens Asia Strategy

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 24, 2026
S&P Global Ratings has reaffirmed the strong market position and financial stability of Tokyo Marine Insurance Singapore Limited (TMIS), highlighting the company’s disciplined underwriting practices and prudent capital management as a robust foundation for long-term growth. In its latest review, S&P praised TMIS for maintaining strict underwriting standards and a structured approach to capital allocation, […]
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Sudden Resignation Rocks Faridpur NCP Leadership

Sudden Resignation Rocks Faridpur NCP Leadership

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 24, 2026
In a surprising move, Haider Molla, the 31-year-old Joint Secretary of the Faridpur district unit of the National Citizens Party (NCP), tendered his resignation citing personal reasons. On Monday afternoon, he submitted a brief two-line resignation letter to the district committee’s acting convener. In his letter, Haider Molla stated:“I, Haider Molla, hereby resign from my […]
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Hong Kong Encourages Insurance Innovation in Low-Altitude Economy

Hong Kong Encourages Insurance Innovation in Low-Altitude Economy

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comFebruary 24, 2026
The Hong Kong Insurance Authority (HKIA) is actively promoting the insurance sector’s engagement in the city’s rapidly emerging low-altitude economy. The accelerated proliferation of drones and other small unmanned aerial vehicles (UAVs) has introduced new operational risks, creating a pressing demand for specialised insurance solutions. In response, the HKIA is collaborating closely with insurers to […]
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