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Business

Tai Po Fire: Hong Kong Insurers Accelerate Claims and Financial Support

05/12/2025
Hong Kong Insurers Expand Support Following Tai Po Fire

After the devastating fire at Wang Fuk Court in Tai Po, Hong Kong insurers are expanding financial assistance and accelerating …

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Thailand Orders Swift Compensation for Southern Flood Victims

05/12/2025
Thailand Orders Swift Compensation for Southern Flood Victims

The government of Thailand has instructed insurers to simplify and expedite claims for those affected by severe flooding in the …

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Cash Held Outside Banks Declines as Deposits Return

05/12/2025
Cash Held Outside Banks Declines as Deposits Return

In recent months, currency held outside banks has been returning to bank vaults in significant volumes, offering some relief to …

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Technology-Driven Islamic Banking for the Future

15/01/202605/12/2025
Technology-Driven Islamic Banking for the Future

Islamic banking in Bangladesh is entering a transformative phase, driven by evolving customer expectations, rapid technological advancements, and the growth …

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Ambulance Donated from Islami Banking Fund

05/12/2025
Midland Bank Donates Ambulance

Midland Bank PLC has significantly enhanced its Corporate Social Responsibility (CSR) commitment by donating an ambulance to Anjuman Mufidul Islam. …

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Insurance Costs Triple in Black Sea After Ukrainian Strikes

15/01/202604/12/2025
Black Sea Ship Insurance Surges

War risk insurance for vessels visiting ports in the Black Sea has surged nearly threefold following a series of attacks …

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Mohammad Ali Receives IRBA Transformation Leader Award

15/01/202604/12/2025
Mohammad Ali Named IRBA Transformation Leader 2025

Mohammad Ali, Managing Director of Pubali Bank Limited, has been officially recognised as the “IRBA Transformation Leader in Bangladesh 2025” …

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Agentic AI Enters Insurance: Automation and Efficiency Redefined

15/01/202603/12/2025
Ushering in the Age of Automation in Insurance

The insurance sector is witnessing a significant technological evolution as firms increasingly integrate artificial intelligence (AI) into their operations. Among …

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UK Financial Risks Rise Due to AI Investments and Risky Lending

03/12/202503/12/2025
Bank of England Flags Rising Financial Risks from AI and Lending

The Bank of England has warned that financial risks in the United Kingdom have increased this year, driven by high …

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Innovation and Customisation Drive Growth in China’s Insurance Market

15/01/202603/12/2025
Chinese Insurers Expand Digital Solutions for Customised Coverage

Chinese commercial insurers are maintaining a disciplined and selective approach to underwriting, with a clear focus on profitability amid evolving …

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