/ Aug 31, 2026
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Asia Energy Insurance Faces Ongoing Pricing Pressure

Asia Energy Insurance Faces Ongoing Pricing Pressure

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 20, 2026
Asia’s energy insurance sector continues to operate in a buyer-friendly environment, with competitive pricing sustained by low regional loss activity and abundant underwriting capacity, even as global geopolitical and economic risks intensify. Data from Willis, a business of Willis Towers Watson Public Limited Company, shows that oil and gas production losses across Asia remained subdued […]
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India Launches $1.4bn Insurance Pool

India Launches $1.4bn Insurance Pool

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 20, 2026
India has approved the creation of a sovereign-backed maritime insurance mechanism worth 129.8 billion rupees (approximately US$1.4 billion) to strengthen the resilience of its shipping and trade sectors amid global geopolitical instability and volatility in international insurance markets. The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi on 18 April […]
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Dhaka Bank Partners with Toyota for Auto Loans

Dhaka Bank Partners with Toyota for Auto Loans

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comApril 20, 2026
Dhaka Bank PLC has signed a Memorandum of Understanding (MoU) with Toyota Bangladesh Limited to develop a strategic collaboration focused on expanding auto loan and vehicle financing facilities for customers, according to a press release. The signing ceremony was held at the head office of Toyota Bangladesh Limited in the Tejgaon Industrial Area of Dhaka. […]
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Robust Remittance Growth as April Inflow Hits Peak 2 Robust Remittance Growth as April Inflow Hits Peak

Robust Remittance Growth as April Inflow Hits Peak

Md Sakib Hossain | Sub-Editor | GLive24.comApril 20, 2026
The economic landscape of Bangladesh has received a substantial boost as the latest figures from the central bank reveal a significant surge in inward remittances. During the opening eighteen days of April 2026, migrant workers dispatched a staggering $1.968 billion (£1.58 billion approximately) back to the country. This influx underscores the remarkable resilience of the […]
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Life Insurance Claims Recovery Improves Life Insurance Claims Recovery Improves

Life Insurance Claims Recovery Improves

Shourav Biswas | Sub-Editor | GLive24.comApril 19, 2026
Claim settlement performance in Bangladesh’s life insurance sector improved significantly in the final quarter of 2025, although a substantial volume of policyholders are still awaiting their due payments, indicating that underlying structural challenges in the industry persist. According to unaudited data from the Insurance Development and Regulatory Authority, total life insurance claims stood at 13,158 […]
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India Launches Maritime Insurance Pool India Launches Maritime Insurance Pool

India Launches Maritime Insurance Pool

Shourav Biswas | Sub-Editor | GLive24.comApril 19, 2026
The Government of India has approved the creation of a major reinsurance support fund, or maritime insurance pool, with a financial backing of approximately 129.8 billion rupees (about US$1.4 billion). The initiative comes amid escalating global uncertainty in marine insurance markets, driven by armed conflicts, international sanctions, and heightened geopolitical instability that have led major […]
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