Country: Philippines Page 1 / 18
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- November 14 2025
Costs start to add up for Vietnam, Phillippines after typhoons Kalmaegi, Fung-wong
Typhoon Kalmaegi struck the Philippines and Vietnam last week, before Typhoon Fung-wong brought severe flooding and damage to the Philippines and Taiwan over the past week.
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- November 12 2025
Philippines pilots first-ever parametric solution for small fisheries
Willis and conservation NGO Rare partner with the central government to launch the scheme, which is intended to help protect over 14,200 small-scale fishers in 24 coastal municipalities.
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- November 11 2025
Seadrif, Philippines join hands to explore disaster insurance facility for public assets
Seadrif Sovereign Asset and Fiscal Empowerment facility is intended to ensure uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.
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- November 7 2025
Philippines, Vietnam facing ‘100s of millions’ of losses from Typhoon Kalmaegi: Aon
Officials in the Philippines also warn of Typhoon Fung-wong, which is expected to develop into a super typhoon by Saturday.
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- October 15 2025
ADB approves US$400m loan to strengthen Philippines insurance sector
The development bank's first dedicated insurance reform program will creat an enabling environment for broader participation in the sector.
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- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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- October 10 2025
Ramon Zandueta, ex-Marsh Philippines CEO, takes the helm at KRM Re
Zandueta, who took charge of the Filipino broker last month, was most recently president and CEO of Oona Philippines.
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- October 10 2025
Magnitude 7.4 earthquake jolts Philippines even as Cebu losses mount
The country is still recovering from a 6.9 quake that struck off Cebu island on September 30 that left at least 74 people dead and displaced thousands.
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- October 10 2025
Non-life portfolio rejig, life and specialty lines expansion to strengthen Nat Re underwriting results: AM Best
AM Best has affirmed Nat Re’s rating of B++ (good) with a stable outlook driven by its strong balance sheet, adequate operating performance and neutral business profile.
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- September 29 2025
Hong Kong’s curtailed Super Typhoon Ragasa economic losses under US$400m: report
Claims mainly from wind and flooding, with water damage across all affected territories, David Seng, technical and strategic projects director at Sedgwick in Asia also tells InsuranceAsia News.
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- September 9 2025
World Bank to back 5-year climate shield for Philippines agriculture
US$70 million initiative will create a co-insurance pool that offer protection from escalating climate-related risks.
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- August 19 2025
Philippines’ Q2 insurance penetration hits 1.79% as non-life premiums surge 20%
The Insurance Commission credited the improvement to faster premium growth, with the non-life NWP for the first half of the year reaching US$694m.
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- August 18 2025
Filipino carriers FPG Insurance and Mercantile Insurance to merge
Combined entity, FPG Mercantile, expects to become a top-four player in the Philippine non-life market, with US$175 million in GWP.
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- August 13 2025
Aon’s reinsurance solutions promotes Jocelyn Po to Philippines head
Po has been at Aon's reinsurance solutions for almost 12 years.
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- June 30 2025
Howden promotes Lee Vanderson to head of specialty in the Philippines
Vanderson has over 40 years of experience in the insurance industry, including 14 years across Asia in Singapore, Hong Kong, and the Philippines.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- May 23 2025
Generali completes sale of Philippines life business
Italian insurance group had signed an agreement to sell its 100% stake in Generali Life Assurance Philippines to The Insular Life Assurance Company in December.
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- May 22 2025
Philippines’ insurance penetration grows to 1.89% in Q1 2025: IC
The Insurance Commission attributed the improvement to the faster premium growth, with the non-life NWP rising 19.3% to US$365m, mostly supported by the motor and fire lines.
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- May 15 2025
Philippines’ P&C growth supported by rising demand, stabilised reinsurance capacity: AM Best
However, underwriting performance is subject to greater volatility due to the country's increased nat cat exposure.
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- March 27 2025
Amid abundant capacity, 1.4 renewals could see double-digit rate drop: Aon’s George Attard
APAC reinsurance solutions CEO tells IAN ahead of key renewals that a continuation of 1.1 dynamics has resulted in a favourable environment for buyers.
