Country: Philippines Page 1 / 19
-
- June 15 2026
Philippines quake claims expected to escalate, testing local claims management, loss adjusters say
Region is still assessing widespread destruction after the 7.8 quake struck south of General Santos City last week, with loss adjusters warning that early loss estimates will climb as structural defects, foundation movement, hidden damage, and BI exposures emerge.
-
- June 10 2026
Philippines quake to weigh on reinsurers despite insured losses capped by low penetration: AM Best
While overall insured losses remain limited, multi-line losses from the 7.8-magnitude earthquake will impact reinsurers, reflecting the market’s reliance on global capacity.
-
- June 8 2026
Strong 7.8 quake off southern Philippine causes widespread damage, fatalities
Death toll from the strongest earthquake in over a decade in the Philippines has risen to 14 and approximately 10,000 families have been affected
-
- June 1 2026
Philippine non-life profit gains continue as premium growth moderates amid cat pressure: AM Best
Availability of reinsurance capacity in the Philippine non-life market continues to expand despite significant nat cat exposure.
-
- June 1 2026
Filipino carriers confirm merger as FPG Mercantile
Philippine Competition Commission had cleared the merger of FPG Insurance and The Mercantile Insurance in January.
-
- May 8 2026
Howden Philippines hires Cyndi Villamor as chief client officer for corporate risk services
She returns to broking after over a decade at AIG.
-
- April 9 2026
Coface names Darren Chan country manager for Malaysia, head of Philippines
He has been with the trade credit insurer since 2016.
-
- April 1 2026
Asian renewals see broad softening, but outcomes diverge by territory and loss experience
While overall demand remained stable, cedents in South Korea, India, China, and the Philippines capitalised on favourable terms and competitive pricing, with many exploring new structures and proportional protections.
-
- March 27 2026
Philippine cedents ‘buying smartly’ as market softens, proportional capacity returns
Reinsurance brokers are witnessing up to 15-20% rate reduction on a risk-adjusted basis at 1.4 renewals, as nat cat losses were manageable and less severe than anticipated.
-
- March 12 2026
Warburg Pincus weighs sale of Oona Insurance after buyer interest: Bloomberg
The private equity firm has hired Citigroup to review strategic opportunities for the Southeast Asian digital general insurer.
-
- February 3 2026
Aon’s Karl Hamann returns to Philippines as country CEO
Hamann, who replaces Darren Oliver, will relocate to Manila to take up his new role in April.
-
- January 29 2026
Filipino carriers FPG Insurance, Mercantile Insurance cleared to merge
Philippine Competition Commission says the merger likely poses no substantial lessening of competition in the relevant markets.
-
- January 27 2026
Philippines grants PCIC record budget allocation following reinsurance mandate
State-owned crop insurer has been allowed to engage the private sector through co-insurance, reinsurance, and risk pools since last month.
-
- January 7 2026
Philippines’ Nat Re promotes Jaime Jose Javier Jr. to COO
Von Edward Ebron succeeds Javier as vice president and head of life reinsurance and data administration.
-
- December 23 2025
Axa Philippines pays US$6.8m to resolve decade-long Typhoon Ondoy dispute
Poultry and feeds producer Vitarich had originally filed against Charter Ping An Insurance in 2014 before it became part of Axa Philippines.
-
- December 18 2025
bolttech promotes Jemma Delacruz to Philippines general manager
She has been with the Global insurtech for nine years, most recently as senior key account manager.
-
- December 11 2025
Typhoon Odette survivors in the Philippines sue Shell seeking corporate liability for climate-related losses
The lawsuit, filed in London, argues Shell’s historic emissions materially intensified Super Typhoon Odette’s landing in December 2021.
-
- December 9 2025
Over half of US$10bn losses from recent Southeast Asian floods attributable to business interruption: Moody’s
Modelling specialist noted that some atmospheric indicators suggest that parts of Southeast Asia are already experiencing La Niña-like conditions.
-
- December 5 2025
Storms batter Southeast, South Asia, inflicting over US$20bn in economic losses: Aon
Thailand estimates Cyclone Senyar to be among its costliest, while Indonesia is reporting billions of dollars in damages and Cyclone Ditwah in Sri Lanka is projected to be the country's deadliest since 1978.
-
- December 1 2025
Asia Pacific accounts for half of US$22bn losses from 2025 tropical cyclones: Munich Re
Reinsurer’s preliminary estimates reveal a paradoxical season with numerous severe storms but total and insured losses far below decadal averages.
