In the Philippines, many Filipinos now see legacy as a combination of financial security, family values and educational opportunities for future generations, rather than simply passing on wealth.
Marsh has appointed Mr Derek Heng as CEO of Marsh ASEAN, and Ms Peta Latimer as CEO of Marsh Singapore. In addition, Mr Heng will continue to serve as CEO, Marsh Thailand, and Ms Latimer will continue with her current responsibilities as President of Marsh's People and Investments business in Asia.
Preparing the next generation to manage inherited wealth is becoming a key concern for Asian families, according to a new Sun Life Asia study.
Around $160bn worth of gas-fired power and liquefied natural gas (LNG) import capacity remains in development across Southeast Asia.
Prudential plc has announced the appointment of Mr Naveed Irshad as Regional CEO for Indonesia and the Philippines, effective 26 October 2026. He will also take enterprise-wide responsibility for the health and product businesses and will join Prudential's Group Executive Committee.
Zhibao Technology announced that its reinsurance subsidiary, Zhibao Labuan Reinsurance Company (Zhibao Labuan Re), is expanding its operations into Hong Kong and Southeast Asia.
Sun Life of Canada (Philippines) has introduced Sun Life Wealth Prosper 7, a limited-offer life insurance product with seven-year coverage and a guaranteed annual payout of 4.50% of the one-time premium payment.
Community-acquired pneumonia III topped the medical conditions with the highest payouts from the Philippine Health Insurance Corp. (PhilHealth) in the first half of 2026, receiving PHP12.76bn ($215.1m) in healthcare claim payments.
Over the past month, Asia has been hit by two Nat CAT events, namely typhoon Dolphin in China, the Philippines and Taiwan, and Japan's 5.9-magnitude earthquake.
Life insurance premium collections in the Philippines rose 17.91% year-on-year to PHP229.98bn ($3.73bn) in the second quarter of 2026, according to the Insurance Commission.