Philippines targets 3% insurance penetration by 2019
September 7 2015 by InsuranceAsia News Staff-
Philippines budgets US$80m for crop insurance funding in FY 2024
- April 8
The allocation is under the 2024 General Appropriations Act and is expected to cover the full cost of crop insurance premiums of more than 2.3m of the country's targeted farmers and fishermen.
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APAC markets see stable renewals on ample capacity, reinsurer appetite: brokers
- April 3
The supply-demand dynamics have shifted in favour of reinsurance buyers in the April renewals, leading to better pricing and easing of market conditions across Japan, India, Korea, the Philippines and China.
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1.4: Philippines sees flattish pricing though quoting markets remain tight
- March 25
While there is a gradual return to an orderly renewal process, the market is seeing a shift from proportional to non-proportional treaties.
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Philippines regulator doubles third-party motor liability coverage limits
- March 14
The Insurance Commission said there would be no increases in premium, and the rates prescribed in 2006 shall remain in force.