Category: State

SIBL Recovery Efforts Hampered By Governance Failures Allegations SIBL Recovery Efforts Hampered By Governance Failures, Allegations

SIBL Recovery Efforts Hampered By Governance Failures, Allegations

The recovery of Social Islami Bank Limited (SIBL) continues to face significant obstacles, with fresh allegations pointing to long-standing governance failures, regulatory shortcomings, and controversial ownership changes that have undermined the bank’s stability over nearly a decade. Speaking at a press conference held at the National Press Club, legal counsel for the bank’s founding chairman, […]
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Marine Insurance Resilient Despite Middle East Geopolitical Pressures Marine Insurance Resilient Despite Middle East Geopolitical Pressures

Marine Insurance Resilient Despite Middle East Geopolitical Pressures

The global marine insurance industry is demonstrating notable resilience in the face of heightened geopolitical tensions across the Middle East, continuing to ապահով (should not include non-English -> fix) maintain comprehensive coverage and support the smooth functioning of international trade routes. According to the International Union of Marine Insurance, insurers have adapted to the evolving […]
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Australians Struggle As Health Insurance Costs Surge Australians Struggle As Health Insurance Costs Surge

Australians Struggle As Health Insurance Costs Surge

Australian households are increasingly feeling the strain of rising living costs, with private health insurance emerging as one of the most burdensome recurring expenses. New research suggests that many policyholders are unknowingly paying more than necessary, largely due to a lack of regular policy review and comparison. Recent findings from Finder reveal a concerning trend: […]
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Reforming Womens Athlete Insurance Cover Reforming Women’s Athlete Insurance Cover

Reforming Women’s Athlete Insurance Cover

A landmark overhaul is set to transform insurance protection for female athletes, with expanded coverage for pregnancy, contraception, menopause and other women-specific health conditions. The reforms are being introduced as part of the implementation of recommendations from the recent Carney Review, which has focused on addressing long-standing structural gaps in women’s football and wider sport. […]
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Zurich Deepens Insurity Partnership Zurich Deepens Insurity Partnership

Zurich Deepens Insurity Partnership

Zurich Insurance US has strengthened its long-standing technology collaboration with Insurity, marking a significant continuation of a partnership that has endured for more than three decades. The renewed agreement reflects Zurich’s ongoing commitment to modernising its insurance operations through advanced digital infrastructure, enhanced automation, and cloud-native systems. Under the expanded arrangement, Zurich Insurance US will […]
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Bangladesh Foreign Exchange Rates Update Bangladesh Foreign Exchange Rates Update

Bangladesh Foreign Exchange Rates Update

Bangladesh’s steadily expanding engagement with the global economy has made foreign exchange rates a crucial indicator influencing nearly all spheres of financial activity. From international trade and remittance inflows to foreign direct investment, fluctuations in currency values play a decisive role in shaping economic outcomes. As a result, exchange rates are regularly updated in line […]
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India Reduces Fuel Duties Amid Price Surge

India Reduces Fuel Duties Amid Price Surge

India has taken significant steps to control domestic inflation by reducing excise duties on petrol and diesel, a move aimed at easing pressure on consumers and oil marketing companies. The country’s economy, heavily dependent on energy imports, has been particularly vulnerable to rising crude prices in the international market following Middle East tensions. The situation […]
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Rising Cyber Threats Highlight Insurance Necessity

Rising Cyber Threats Highlight Insurance Necessity

Allegations of a cyberattack on Shopno, one of Bangladesh’s leading retail chains, have reignited national concern over digital security, emphasising the growing importance of cyber insurance. The purported incident, said to have occurred in December 2025, has been widely discussed across social media platforms and cybersecurity forums, though official verification is still pending. Media reports […]
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Bangladesh Insurance Sector in Critical Distress

Bangladesh Insurance Sector in Critical Distress

Bangladesh’s insurance sector is currently facing a critical period of instability, driven by weak policies, regulatory lapses, and diminishing public trust. Analysts warn that unless swift and decisive reforms are implemented, the sector’s future remains highly uncertain, with potential repercussions for the country’s overall financial stability. Policy Weaknesses Undermine Confidence A key factor behind the […]
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