Malaysia

SOMPO banner showing a sunset cityscape with a circular portrait in the center.

Berjaya Sompo names Michelle Siow head of consumer insights & product strategy

July 1 2026

Her experience includes marketing and communication roles at Maybank and AIG, as well as a brief period at EBC Financial Group.

Two men in suits shake hands while holding certificates at a signing ceremony backdrop about a cancer precision medicine reinsurance treaty.

Malaysian Re, China Re Life back cancer precision medicine reinsurance framework

June 19 2026

The move will provide reinsurance and retakaful capacity for insurance and takaful products covering selected advanced cancer treatments.

Family meal at a bright kitchen table: a woman in a hijab serves food to two children and a man as they eat together; plates and drinks on the table.

Malaysia’s takaful growth driven by general business as family segment slows in 2025

June 12 2026

Gross contributions rose 4.7% in 2025, with motor and fire lines driving double-digit growth in general takaful.

Saudi Re appoints Ruchi Jain to lead GIFT City branch in India

June 9 2026

Jain, a former Swiss Re executive, will head Saudi Re’s India operations as the reinsurer expands into its second Asian market.

Chubb Malaysia names Gurudutt Joglekar deputy country president

June 8 2026

He joins from Generali Malaysia, where he most recently served as country chief insurance officer.

southern-philippines-hit-with-7-4-magnitude-earthquake-triggers-tsunami-warnings

Magnitude 7.8 earthquake kills dozens in Philippines, triggers tsunami warnings

June 8 2026

The quake, the strongest to strike the Philippines this year, was centered at sea off Mindanao.

Coastal Marine names Eric Chan as cargo underwriter for APAC

June 5 2026

He joins from Sompo Hong Kong, where he was head of marine underwriting.

Lockton names Siva Thangavelu as COO of Malaysia

June 1 2026

He joins the broker from Swiss Re, where he spent three years.

am-best-places-labuan-re-ratings-under-review-on-mnrb-80-acquisition-plan

AM Best places Labuan Re under review as MNRB moves to buy 80% stake

June 1 2026

The deal, valued at US$100.69m, is set to close in Q4, with ratings under review pending completion and assessment of Labuan Re’s credit fundamentals.

allianz-malaysia-berhad-q1-revenue-up-6-7-on-stronger-motor-investment-linked-business

Allianz Malaysia's revenue up 6.7% in Q1

May 27 2026

The insurer posted a RM1.63bn (US$410.94m) quarterly revenue, driven by growth across both life and general insurance.

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