Friday, April 27, 2018

Philippines

Philippine regulator shuts down five non-life firms

Philippine regulator shuts down five non-life firms

The companies failed to meet capital requirements set in the country’s insurance code since 2016.

Read full article

Philippines insurance premiums up 12% in 2017

Philippines insurance premiums up 12% in 2017

The country’s life insurance sector contributed more than three-quarters of total premiums.

Read full article

Philippines eyes initiatives to boost insurance sector

Philippines eyes initiatives to boost insurance sector

The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.

Read full article

Generali eyes opportunities in the Philippine market

Generali eyes opportunities in the Philippine market

After the end of its 17-year partnership with BDO Unibank it intends to re-focus on group life and health.

Read full article

FWD Life appoints new chairman for Philippine business

FWD Life appoints new chairman for Philippine business

The country’s former ambassador to the US, Jose Cuisia, has taken up the role to replace Julian Lipman.

Read full article

AXA to open shared service centers in Manila, Kuala Lumpur

AXA to open shared service centers in Manila, Kuala Lumpur

Company officials say the new centres will become information technology hubs for Japan and the rest of Asia.

Read full article

Philippine life sector to log double-digit growth

Philippine life sector to log double-digit growth

The expansion is being driven by the country’s strong demographics and the impact of tax reforms.

Read full article

Philippines to review capital rules for insurers

Philippines to review capital rules for insurers

The capitalisation requirement for local insurance companies is being reviewed in light of a study of Asean rules.

Read full article

IAG likely to move 141 jobs to the Philippines

IAG likely to move 141 jobs to the Philippines

The Australian group is reportedly shifting back-office jobs from New Zealand and Australia.

Read full article

Pru Life inks bancassurance deal with Philippine bank

Pru Life inks bancassurance deal with Philippine bank

The three-year partnership with Robinsons Bank will initially focus on traditional or basic products.

Read full article

Philippines to probe GSIS reinsurance contracts

Philippines to probe GSIS reinsurance contracts

An inquiry into the Government Service Institution System highlights the challenges faced in emerging markets.

Read full article

Philippine firms continue net income growth

Philippine firms continue net income growth

A rise in underwriting and investment income helped drive the robust third-quarter performance.

Read full article

Philippine insurers told to beef up reserves

Philippine insurers told to beef up reserves

There remains a US$155m gap in reserves, or more than 60% of industry premiums and claims.

Read full article

Etiqa completes acquisition of Indonesian insurer

Etiqa completes acquisition of Indonesian insurer

Maybank’s wholly-owned insurance arm has completed its acquisition of Asuransi Asoka Mas for US$15.35m.

Read full article

Largest Philippine HMO in trouble over capital

Largest Philippine HMO in trouble over capital

Caritas Health Shield to raise fresh capital after allegations it has US$136m deficiency in its actuarial reserves.

Read full article

Philippine brokerage activities show modest hike

Philippine brokerage activities show modest hike

Premium income reached US$994m in 2016, representing an increase of 2.46% from 2015.

Read full article

JLT and Munich Re launch Philippines parametric product

JLT and Munich Re launch Philippines parametric product

The two companies will jointly develop and offer an insurance solution to cover typhoon risks.

Read full article

Philippines social security seeks private insurers

Philippines social security seeks private insurers

The state-run programme is planning to tap private companies to insure 35 million of its members.

Read full article
1 2 3 8 8

InsuranceAsia News video

Max Broodryk, XL Catlin

Follow InsuranceAsia News

Partner Content

White Papers

Print Edition

SPRING 2018

Cat pricing unmoved