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.
Zhibao Technology announced that its reinsurance subsidiary, Zhibao Labuan Reinsurance Company (Zhibao Labuan Re), is expanding its operations into Hong Kong and Southeast Asia.
The Ministry of Finance has increased support for agricultural insurance under new regulations issued earlier this month, which revise a 2018 decree. The changes raise subsidies for agricultural insurance premiums, expands scope of insurance coverage that enjoys state subsidies and decentralise authority to local governments.
The Ministry of Finance has granted a licence to Asia Commercial Bank (ACB) to establish a non-life insurance subsidiary with charter capital of VND500bn ($19m).
SEADRIF Insurance Company has appointed Ms Felicia Khoo as Strategic Development Lead.
The number of new life insurance agents recruited in the first six months of 2026 decreased by more than 20% to 30,000, compared to the corresponding half last year.
Vietnam's non-life insurance industry is calling for greater data connectivity and information sharing across the market as it seeks to strengthen risk management and improve underwriting and claims processes.
AM Best is maintaining its stable outlook on Vietnam's non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.