Category: State

Optional Health Insurance Co-Payments Introduced In Indonesia

Optional Health Insurance Co-Payments Introduced In Indonesia

Indonesia’s Financial Services Authority (OJK) has formally issued POJK Number 36 of 2025, a landmark regulation that makes co-payments in health insurance policies optional for consumers. Under this new framework, the insured’s maximum financial liability per claim is limited to 5% of the total claim amount. The regulation, officially titled “Strengthening the Health Insurance Ecosystem”, […]
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Sonali Bank Advances Towards Sustainable High Profitability

Sonali Bank Advances Towards Sustainable High Profitability

State-owned Sonali Bank has successfully overcome the financial shocks caused by high-profile loan defaults, including those linked to the Hall-Mark Group, and has strengthened its balance sheet. The bank is now firmly on a path toward substantial profitability, while simultaneously increasing the use of technology to enhance transparency and expand its reach to a wider […]
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Bangladesh Abolishes Non-Life Insurance Agent Commissions

Bangladesh Abolishes Non-Life Insurance Agent Commissions

Bangladesh’s insurance sector has witnessed a landmark regulatory shift as the Insurance Development and Regulatory Authority (IDRA) has scrapped all agent licences and banned commissions in the non-life insurance sector. Announced on 7 January 2026, this directive prohibits non-life insurers from deploying agents for premium collection, signalling one of the most substantial reforms in the […]
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SBAC Bank and Best Western Plus Bay Hills Sign Partnership

SBAC Bank and Best Western Plus Bay Hills Sign Partnership

SBAC Bank PLC has entered into a strategic partnership with Best Western Plus Bay Hills Hotel through the signing of a Memorandum of Understanding, aimed at expanding value-added services for the bank’s customers and employees. The agreement reflects a growing trend among financial institutions to integrate lifestyle benefits with conventional banking offerings in order to […]
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Political Sacrifice Claims Spark Fury in Rangpur Backlash Over Jamaat Leader’s Biblical Sacrifice Comparison

Backlash Over Jamaat Leader’s Biblical Sacrifice Comparison

A senior figure within the Bangladesh Jamaat-e-Islami, ATM Azam Khan, has found himself at the centre of a burgeoning scandal following the release of a video in which he draws a direct comparison between a political seat-sharing agreement and the sacred sacrifice of the Prophet Ibrahim (AS). The remarks, made during a political gathering in […]
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LinkedIn Reshaping the Landscape of Commercial Insurance LinkedIn Reshaping the Landscape of Commercial Insurance

LinkedIn Reshaping the Landscape of Commercial Insurance

The digital era has fundamentally recalibrated the mechanics of professional networking and client acquisition, with LinkedIn emerging as the primary catalyst for change. For generations, the insurance industry operated on a traditional foundation of physical proximity, word-of-mouth referrals, and the slow burn of face-to-face rapport. However, the contemporary marketplace has transitioned toward a more expansive, […]
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10 January Baton Rouge shootings raise concerns over public safety and insurance risk 10 January: Baton Rouge shootings raise concerns over public safety and insurance risk

10 January: Baton Rouge shootings raise concerns over public safety and insurance risk

Late on Friday night and into the early hours of Saturday, multiple shooting incidents occurred in Baton Rouge, Louisiana, resulting in at least three individuals sustaining injuries. Local authorities have confirmed that police investigations are ongoing. According to reports from regional media outlets, the shootings took place across three separate incidents, with victims subsequently hospitalised. […]
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Gen Z Movements Mirror Arab Springs Limited Success Gen-Z Movements Mirror Arab Spring’s Limited Success

Gen-Z Movements Mirror Arab Spring’s Limited Success

In recent years, a wave of youth-led political and social activism has swept across the globe, particularly in South and Southeast Asia. The driving force behind these movements is predominantly Generation Z, the cohort born roughly between 1997 and 2012. While these uprisings have garnered international attention and temporarily disrupted entrenched power structures, analysts caution […]
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