Lockton Sime Malaysia has appointed Mr Siva Thangavelu as COO. He brings more than 20 years of financial services experience across banking and insurance to the role.
Regulators, investors and executive leadership teams are increasingly treating cyber incidents not as technical failures but as matters of governance, resilience and accountability.
The takaful subsidiaries of Malaysia's reinsurance and retakaful group, MNRB -- Takaful Ikhlas General and Takaful Ikhlas Family, collectively known as Takaful IKHLAS -- recorded a combined profit after tax to MYR108.8m ($27.4m) in the financial year ended 31 March 2026 (FY2026).
MNRB Holdings' proposed acquisition of the remaining 80% equity interest in Labuan Re marks a significant strategic step in strengthening the Group's international reinsurance platform, the holding company said in a statement.
The biggest costs of mental illness often sit outside formal protection systems, according to "The Value of Mental Health" report by Zurich Insurance Group (Zurich).
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.