Country: Philippines Page 12 / 16
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- April 3 2017
BIMA aims to insure 1 billion people worldwide
The insurance firm provides mobile-delivered insurance and health services in emerging markets.
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- March 17 2017
ADB to expand disaster support for Philippines via insurance
The Asian Development Bank is exploring disaster insurance options for one of the countries most vulnerable to natural disasters.
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- March 14 2017
Filipinos with microinsurance cover up 8% in Q4
Microinsurance, which offers coverage of P10,000 (US$200) to policyholders, continues to make waves in the Philippines.
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- March 13 2017
Fewer nonlife firms in the Philippines expected this year
Numbers are expected to decline this year as the regulator imposes higher capital requirements for insurers.
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- March 9 2017
Net income of Philippines firms up 26%
Premiums rose in the last three months of 2016 thanks to the expanded sale of life policies.
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- February 6 2017
Pru Life UK, GIZ tie up for Philippine initiative
The microinsurance partnership will address financial literacy and provide low-cost life insurance products.
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- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
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- January 27 2017
Microinsurance success in the Philippines
The country’s insurance regulator forecasts that the penetration rate will reach close to 50% during the next five years.
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- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
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- December 23 2016
Philippines budgets US$1bn for universal healthcare
The country's US$67 billion 2017 budget includes an 11.6% funding boost for universal healthcare.
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- December 12 2016
Philippines pushes wider insurance access for SMEs
Legislators are working on a government subsidy of the insurance premiums to be paid by smaller businesses.
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- December 8 2016
MAA boosts stake in Philippines general insurer
MAA General Assurance Philippines will soon become a subsidiary firm of MAA Group.
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- November 15 2016
Innovation to help Philippine market growth
In a fast-changing and competitive market, the key for local insurers to thrive is innovation.
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- November 9 2016
Philippines protection gap valued at US$300bn
Many Filipinos are still not covered and the industry is not focused on selling protection at present.
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- November 3 2016
Philippine lawmakers back lower taxes on non-life insurance
Hopes are high that proposals to reduce taxes imposed on non-life insurance in the Philippines will eventually be approved.
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- October 27 2016
Philippines’ mandatory nat-cat insurance under review
The Philippines’ Insurance Commission will review the proposed compulsory catastrophe insurance cover.
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- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
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- September 30 2016
Philippines optimistic amid weak financial markets
Insurance authorities in the country remain bullish that the domestic industry will not be affected.
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- September 1 2016
Philippine deposit insurer issues warning
The insured status of institutions that engage in unsafe deposit-related banking practices will be terminated.
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- August 31 2016
HMOs want to renegotiate Philippines guidelines
An industry group says the new requirements are too stiff given that this is the first time they are being imposed.
