Sun Life has promoted Mr Chris Wei to the role of President, SLC Management, of Asia Wealth and Capital Markets.
Family financial obligations and caregiving responsibilities are making it harder for many Singapore adults to prepare for later life, according to the Manulife Asia Care Survey 2026. The survey of 1,074 respondents found that while 92% want to remain self-sufficient as they age, many are delaying financial and health planning because of their family commitments.
The Philippine pre-need industry saw its total net worth increase by 12.18% to PHP32.36bn ($528m) at the end of the first quarter of 2026, from PHP28.84bn recorded in the same period last year.
Amid ongoing economic pressures, only 14% of Indonesians feel highly financially secure. This is despite encouraging signs of progress in overall financial resilience, with the proportion of Indonesians demonstrating high financial resilience increasing from 30% in 2025 to 34% in 2026.
Toronto-headquartered Manulife, a leading international financial services provider, is seeing growing demand for Shariah-compliant wealth planning solutions across the the Middle East, North Africa, and South Asia (MENASA) region, as affluent families place greater emphasis on succession planning, family continuity and long-term wealth preservation, according to Ms Bonnie Qiu, CEO of Manulife Global High-Net-Worth.
Japan's insurers turned net sellers of superlong government bonds in May, reversing their early fiscal-year buying as yields climbed to multidecade highs and volatility increased in the market.
Prudential plc has appointed Ms Donna Cotter as CEO of Wealth. Her appointment was effective 1 June 2026.
Taiwan is seeking to expand the scale of its asset management industry as it aims to strengthen its position as a regional financial hub, reported The Japan Times.
Liva Group has appointed Mr Michael Thomssen as Group Chief Financial and Investment Officer.
Prudential plc said it has agreed to acquire a 75% stake in Bharti Life Insurance Company from Bharti Life Ventures and 360 ONE Asset Management as part of a strategic repositioning of its operations in India.