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Climate Risks Redefine Global Insurance Losses Climate Risks Redefine Global Insurance Losses

Climate Risks Redefine Global Insurance Losses

GLive24.com DeskDecember 17, 2025
Climate-driven natural disasters are continuing to reshape the financial outlook of the global insurance industry, with insured losses once again exceeding the US$100 billion threshold. According to the latest assessment released by Swiss Re, this milestone has now been surpassed for the sixth consecutive year, reinforcing concerns that elevated catastrophe losses are no longer exceptional […]
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Global Markets Slide as US Jobs Cool and Oil Prices Fall Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global Markets Slide as US Jobs Cool and Oil Prices Fall

GLive24.com DeskDecember 17, 2025
Global financial markets moved cautiously lower on Tuesday as investors weighed fresh signs of a cooling United States labour market against shifting geopolitical expectations surrounding the war in Ukraine. The combination of softer economic signals from the world’s largest economy and renewed optimism over a potential peace settlement weighed on equities, commodities and currencies, prompting […]
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Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

GLive24.com DeskDecember 17, 2025
Amid growing public unease over the health and resilience of Bangladesh’s banking system, Bangladesh Bank has adopted a notably firm and carefully articulated position, seeking to remove ambiguity about its role during periods of financial distress. With non-performing loans (NPLs) continuing to climb and several commercial banks showing signs of acute vulnerability, the central bank […]
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news thumbnail 1765950339205 IDRA and BIA Discuss Proposed Insurance Law Amendments

IDRA and BIA Discuss Proposed Insurance Law Amendments

GLive24.com DeskDecember 17, 2025
In a pivotal move aimed at modernising and enhancing the effectiveness of Bangladesh’s insurance sector, a high-level meeting was held between the Insurance Development and Regulatory Authority (IDRA) and the Bangladesh Insurance Association (BIA) working committee. The discussion took place on Sunday, 14 December, at the IDRA headquarters in Dhaka, signalling a significant step toward […]
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news thumbnail 1765929536121 EU Appoints Ivars Ijabs as Chief Observer in Bangladesh

EU Appoints Ivars Ijabs as Chief Observer in Bangladesh

GLive24.com DeskDecember 17, 2025
In response to a formal invitation from Bangladeshi authorities, the European Commission’s High Representative and Vice-President, Kaja Kallas, has authorised the deployment of an EU Election Observation Mission (EOM) to monitor the upcoming Bangladeshi Parliamentary elections, scheduled for 12 February 2026. The mission will be led by Ivars Ijabs, a Latvian Member of the European […]
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