Zurich Insurance has appointed Mr Wayne Leow as Head of Commercial Insurance, Malaysia. In his new role, he will lead the commercial insurance function, spearheading growth across multiple lines of business and distribution channels in Malaysia.
Insurance regulator, Bank Negara Malaysia has permitted RHB Bank to begin talks on the potential sale of its insurance arm to Japanese insurance group Tokio Marine.
Philippine President Ferdinand Marcos Jr called on ASEAN bloc members to ensure regional energy security and resilience, as he opened the 48th ASEAN Summit Retreat in Cebu on 8 May.
Great Eastern Holdings has reported its financial results for 1Q2026, ended 31 March 2026.
Lockton has announced the appointments of Mr Jaideep "Jay" Sharma as CEO of Lockton India, subject to regulatory approval, and Mr Nicholas "Nick" Lee as CEO Designate of Malaysia, of Lockton Sime.
Mr Kevin Rethual has been appointed CEO of Munich Re Retakaful, effective 1 June 2026. He will be based in Malaysia and report to Owais Ansari, Head of Regional Market Reinsurance MEA Munich Re.
Manulife Malaysia has launched Manulife MultiCI Enrich (MME), a multi-stage critical illness solution designed to support Malaysians from early detection through to long-term recovery.
The Bank Negara Malaysia (BNM) has imposed Administrative Monetary Penalties (AMP) of MYR1.04m ($218,400) on Zurich General Insurance Malaysia (ZGIM) and MYR520,000 on Zurich General Takaful Malaysia (ZGTM). The sanctions stem from the Zurich companies' failure to comply with requirements relating to targeted financial sanctions (TFS).
Prudential plc has released its 1Q2026 business performance update for the three months ended 31 March 2026.