Bangladesh: Regulator directs Islamic insurers to invest in sukuk

Published on February 24, 2025
The Insurance Development and Regulatory Authority (IDRA) has instructed Islamic insurance companies to invest in government Islamic bonds (sukuk) or securities.
Continue reading on website
Other news

Berkshire Hathaway’s re/insurance underwriting gain rises to $9bn in 2024 as firm pegs LA wildfire loss at $1.3bn

February 22, 2025
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has reported a 66% year-on-year rise in net underwriting earnings for its insurance and reinsurance businesses in 2024 to $9.02 billion.2024 was another strong year for Berkshire’s re/insurance operations as the underwriting performance of its Berkshire Hathaway Reinsurance Group and GEICO more than offset a decrease in t

Westfield Specialty expands marine team with underwriter Ben Beaumont

February 24, 2025
Westfield Specialty International, a provider of specialty insurance and reinsurance solutions, has bolstered its marine team with the appointment of Ben Beaumont as a cargo underwriter.Based in London, Beaumont will work closely with Matt Jenkins, Class Underwriter for Cargo, as part of the company’s efforts to strengthen its capabilities in the marine insurance sector.Jon Hamilton, Head of Marin