Bangladesh: Banks jump on bancassurance wagon

Published on February 1, 2024
Several banks in Bangladesh have formed partnerships with insurance companies in bancassurance operations since regulators rolled out guidelines in December 2023.
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Japan: Profitable underwriting and capital base back non-life insurance market's 'stable' outlook

February 1, 2024
Global credit rating agency, AM Best, said that it is maintaining a stable outlook on Japan's non-life insurance industry, citing profitable and stable underwriting and a solid capital base amid

ICA calls for resilience budget raise to better protect Australians

February 1, 2024
The Insurance Council of Australia (ICA) has called on the Albanese Government to guarantee that the next Federal Budget includes an ongoing fund of $250 million a year to buy back and raise homes that are exposed to extreme flood risk.Contained in its Pre-Budget submission, the ICA has said that the fund should be matched by the states and territories, therefore ensuring that $500 million is avai