Category: State

Allianz Trade Expands Travel Credit Insurance Partnership

Allianz Trade Expands Travel Credit Insurance Partnership

Allianz Trade has entered into a partnership with Mastercard to extend trade credit insurance to financial institutions issuing Mastercard Virtual Card Numbers (VCNs) for the travel sector, a move designed to ease cash flow pressures for online travel agencies (OTAs) whilst reducing the risk of non-payment for card issuers. The collaboration aims to address one […]
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Asia Insurers Urged to Close Growing Protection Gaps

Asia Insurers Urged to Close Growing Protection Gaps

Asia’s insurance industry is being urged to redefine its role as demographic shifts, widening protection gaps and rapid advances in artificial intelligence (AI) reshape customer expectations. Industry leaders say insurers that continue to focus primarily on selling products risk becoming increasingly irrelevant unless they evolve into providers of personalised financial planning, retirement solutions and healthcare […]
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Fourteen Witnesses Testify in Former Police Chief Benazir corruption Case (2)

Fourteen Witnesses Testify in Former Police Chief Benazir corruption Case

Judicial proceedings against the former Inspector General of Police (IGP), Benazir Ahmed, advanced significantly today. A special anti-corruption court recorded testimonies regarding accusations of amassing over 110 million Taka in illegal wealth. On Wednesday, 1 July, Judge Abdullah Al Mamun of the Dhaka Special Judge’s Court-5 heard statements from six state witnesses. Following a prior […]
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Trump Bags Over $1 Billion From Crypto in First Presidential Year

Trump Bags Over $1 Billion From Crypto in First Presidential Year

Donald Trump has generated more than $1 billion from cryptocurrency-related business ventures during his first year back in the White House. The disclosure came to light in the US President’s mandatory annual financial disclosure report, a sprawling 927-page document detailing his vast global business empire and personal assets. According to the filing, a substantial portion […]
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Rising Credit Claims Squeeze Indonesian General Insurance Sector

Rising Credit Claims Squeeze Indonesian General Insurance Sector

Indonesia’s general insurance sector is facing severe financial strain within its credit insurance business. Surging claim costs have heavily outpaced premium growth, triggering an underwriting deficit. According to the latest market data released by the Indonesian General Insurance Association (AAUI), the credit insurance loss ratio climbed to an alarming 102 per cent during the first […]
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Insurers Face Uphill Battle to Build Consumer Trust in AI

Insurers Face Uphill Battle to Build Consumer Trust in AI

Global insurance companies are facing a significant challenge in explaining their deployment of artificial intelligence (AI) as consumers remain deeply sceptical of the technology. Whilst corporate employees and employers grow increasingly comfortable with automation, consumer anxiety threatens client retention. According to the newly released 2026 Customer Experience Benchmark report by Smart Communications LLC, an overwhelming […]
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Former Minister Dipu Moni Returned To Jail After Hospital Treatment (2)

Former Minister Dipu Moni Returned To Jail After Hospital Treatment

Former Social Welfare and Education Minister Dr Dipu Moni has been sent back to Munshiganj District Jail following a brief medical assessment at the Dhaka Medical College Hospital (DMCH). The 64-year-old politician, who suffers from chronic kidney complications, thyroid disorders, and severe allergic ailments, was rushed to hospital on Monday morning after her physical condition […]
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Expert Explains Tree Damage Insurance Rules

Expert Explains Tree Damage Insurance Rules

Homeowners dealing with overhanging branches from a neighbour’s tree are being advised to understand both their legal rights and their insurance responsibilities, as failing to act could leave them facing costly repair bills. Trees that extend beyond property boundaries are a common source of neighbourhood disputes. Overhanging branches can block sunlight, shed leaves and debris, […]
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