Prudential has appointed Mr John Cai as regional CEO for Malaysia, Indonesia, Vietnam and agency. Prior to his new role, he worked with AIA and AXA.
A staggering 85% of Malaysians are at risk of a legacy crisis due to the lack of a financial legacy plan, says Sun Life Malaysia's report titled "Insure or Unsure: Sun Life Insurance Literacy Survey 2025".
Howden Private Wealth has appointed Mr Bryan Pee as CEO of Singapore and Malaysia and Ms Shirley Sy as deputy CEO of Hong Kong.
Half of the respondents to a survey by the life insurer 1Life acknowledge that life insurance is a tool for wealth generation, which is a crucial step toward financial security.
Singapore residents are adopting a positive mindset with more than 1 in 2 (54%) indicating that financial readiness in the long run is more important to them in 2025 compared to the previous year, according to findings from the seventh edition of of an "AIA Live Better Study" released yesterday.
More than 50 regulations will be relaxed within two years, as part of a government plan transform Taiwan into Asia's asset management centre, according to the chairman of the Financial Supervisory Commission (FSC), Mr Peng Jin-long.
The Commission for the Organisation and Supervision of Stock Market Operations (Cosob), which monitors the securities market in Algeria, has proposed to public authorities to explore the possibility of insurance companies serving as intermediaries in the stock market.
The agency forces of leading life insurance companies in China are undergoing reform, with the insurers turning to financial planners. The professional planners offer advice on insurance, health and wealth, retirement, wealth and health insurance, and full life-cycle.
Insurers are expanding into the family office space in Hong Kong and Singapore to target the needs of wealthy families in line with consumer demand, says global management consultancy McKinsey & Co.
Wealthy individuals in Hong Kong have shown a marked shift towards using digital channels to manage wealth and a willingness to embrace AI-guided wealth management, according to the findings of a survey of 500 rich individuals in the territory conducted by Capco, a global management and technology consultancy.