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Global Insurance Fraud Escalates Amid Rising Risks

Global Insurance Fraud Escalates Amid Rising Risks

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 16, 2026
Insurance fraud is becoming an increasingly sophisticated and globalised problem, with methods differing across regions but sharing a common thread: fraudsters are exploiting gaps in regulation, economic pressures, and natural disasters to maximise illicit gains. Experts warn that fraud is evolving faster than ever, often spanning multiple countries and jurisdictions. In many cases, claimants rely […]
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Central Bank Simplifies Foreign Guarantee Rules

Central Bank Simplifies Foreign Guarantee Rules

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 16, 2026
Commercial banks in Bangladesh have been granted greater flexibility in extending credit to companies operating in the country, following a new policy allowing them to accept guarantees from overseas banks without seeking prior approval from bangladesh bank. The measure is expected to streamline the lending process and improve access to financing, particularly for firms that […]
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Shahjalal Islami Bank Executive Committee Holds 915th Meeting

Shahjalal Islami Bank Executive Committee Holds 915th Meeting

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 16, 2026
The Executive Committee of Shahjalal Islami Bank PLC convened its 915th meeting on 11 March 2026 at the bank’s Corporate Head Office, where senior leadership gathered to deliberate on strategic investment decisions and organisational priorities. The meeting reflected the institution’s continuing commitment to sound governance, prudent financial management, and the expansion of investment activities in […]
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Bangladesh Bank Doubles Credit Card Limits Bangladesh Bank Doubles Credit Card Limits

Bangladesh Bank Doubles Credit Card Limits

Md Sakib Hossain | Sub-Editor | GLive24.comMarch 15, 2026
In a landmark initiative to strengthen Bangladesh’s digital payment infrastructure, Bangladesh Bank has introduced updated, comprehensive guidelines for credit card usage, significantly increasing borrowing limits while bolstering consumer protection measures. The directive, issued on Sunday, 15 March 2026, is part of the central bank’s broader push to encourage cashless transactions and modernise the country’s credit […]
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Economic Strain of War Threatens Trump Economic Strain of War Threatens Trump

Economic Strain of War Threatens Trump

Shourav Biswas | Sub-Editor | GLive24.comMarch 15, 2026
Despite initiating a military confrontation with Iran, Donald Trump has failed to secure widespread support among American citizens. Public opinion indicates that the conflict is highly unpopular across the United States. Simultaneously, a sharp rise in oil prices is gradually affecting nearly every sector of the American economy, raising concerns about the broader political and […]
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FCT Expands Health Coverage for Journalists FCT Expands Health Coverage for Journalists

FCT Expands Health Coverage for Journalists

Shourav Biswas | Sub-Editor | GLive24.comMarch 15, 2026
Abuja – The Federal Capital Territory Administration (FCTA) has announced a significant expansion of health insurance coverage for journalists working in the capital region, bringing nearly 480 media professionals under the umbrella of the FCT Health Insurance Scheme (FHIS). The announcement was made yesterday by Dr. Adedolapo Fasawoye, the Permanent Secretary of the FCT Ministry […]
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Surge in Counterfeit Currency Ahead of Eid Surge in Counterfeit Currency Ahead of Eid

Surge in Counterfeit Currency Ahead of Eid

Shourav Biswas | Sub-Editor | GLive24.comMarch 15, 2026
As the holy festival of Eid-ul-Fitr approaches, the circulation of counterfeit currency has once again become rampant in Jhenaidah and neighbouring districts. Criminal syndicates are exploiting the surge in market activity, distributing fake banknotes through various means. Small and medium-sized businesses are particularly vulnerable to these scams. In one recent incident at the Paura Chattar […]
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Iran Tensions Strain Global Reinsurance Market

Iran Tensions Strain Global Reinsurance Market

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 15, 2026
Rising hostilities between the United States, Israel, and Iran are placing unprecedented pressure on the global reinsurance industry. Insurers and reinsurers are reassessing risk across multiple lines, as the Iran conflict exposes the limits of traditional reinsurance structures. Ben Rose, co-founder of Supercede, cautioned that the crisis is a crucial test of how well the […]
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U.S. Rolls Out $20 Billion Maritime Reinsurance Plan

U.S. Rolls Out $20 Billion Maritime Reinsurance Plan

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 15, 2026
The United States has introduced a $20 billion government-backed maritime reinsurance programme to ensure uninterrupted commercial shipping through the strategic Strait of Hormuz. The scheme, designed to mitigate rising conflict-related risks in the region, appoints the American insurer Chubb as the lead underwriter. Announced on 11 March 2026 by the U.S. International Development Finance Corporation […]
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