Category: State

Bangladesh Sets Record with $35.56bn Annual Remittance Inflows (2)

Bangladesh Sets Record with $35.56bn Annual Remittance Inflows

Bangladesh recorded its highest-ever annual remittance inflow in the 2025-26 fiscal year, with expatriate Bangladeshis sending home a record US$35.56 billion through formal banking channels, highlighting the growing importance of overseas earnings to the country’s economy. The milestone was confirmed by Bangladesh Bank on Wednesday, marking a historic achievement for the country’s foreign exchange earnings […]
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Bangladesh Bank Introduces Import Loan Rate Hedging

Bangladesh Bank Introduces Import Loan Rate Hedging

Bangladesh Bank has introduced a new financial facility designed to protect importers from fluctuations in international interest rates, allowing businesses that borrow in foreign currencies for imports to lock in borrowing costs through forward rate agreements. The central bank announced the measure in a circular issued on Thursday, saying the initiative is intended to reduce […]
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Tata AIA Launches Cancer Cover with Income Protection

Tata AIA Launches Cancer Cover with Income Protection

Tata AIA Life Insurance has introduced two new cancer insurance products designed to provide policyholders with financial protection against both the high cost of treatment and the potential loss of income following a cancer diagnosis, responding to growing demand for more flexible critical illness coverage in India. The insurer unveiled Sampoorna Care – Cancer and […]
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Singaporeans Fear Outliving Retirement Savings (2)

Singaporeans Fear Outliving Retirement Savings

A growing number of Singaporeans are concerned that their retirement savings may not last throughout their later years, with family financial responsibilities increasingly delaying long-term financial planning, according to the latest Manulife Asia Care Survey 2026. The survey, which gathered responses from 1,074 adults in Singapore, paints a picture of mounting financial pressures despite a […]
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Technology reshapes insurance boardrooms amid legacy system concerns globally challenges

Technology reshapes insurance boardrooms amid legacy system concerns globally challenges

Technology is increasingly reshaping strategic discussions within insurance boardrooms, introducing new priorities that sit alongside traditional underwriting and capital allocation debates. What was once a peripheral topic has become central to executive decision-making, as insurers grapple with cyber risk, climate volatility and evolving market pressures. Speaking during a keynote address, Will Ross highlighted how the […]
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Ardonagh Group Unveils Axiiem InsurTech Platform

Ardonagh Group Unveils Axiiem InsurTech Platform

The Ardonagh Group has announced the launch of Axiiem, a new InsurTech venture aimed at reshaping how data, distribution channels and underwriting capacity interact within the specialty insurance market. The initiative reflects a broader industry shift towards digitalisation, where speed, transparency and more efficient placement processes are becoming central to competitive advantage. Axiiem has been […]
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