Country: Philippines Page 12 / 17
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- June 23 2017
Five Philippine non-life insurers to exit industry
Some non-life insurers in the country have decided to voluntarily exit the insurance business by year-end.
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- June 20 2017
Philippines insurers urge tax cut for non-life players
A local industry group says taxes should be reduced to be on par with their Asean counterparts.
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- June 6 2017
Prudential starts microinsurance project in the Philippines
Online communities will be set up in rural cities Tacloban and Butuan to improve microinsurance literacy.
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- May 11 2017
AIG raises capacity in the Philippines
The insurer has refocused its portfolio to target opportunities in the Duterte government’s infrastructure push.
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- May 10 2017
Philippines raises investment limit for pre-need firms
According to the insurance commissioner, the investment threshold has been increased by 2% under the Pre-Need Code.
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- May 4 2017
Insurers protected from local governments in the Philippines
Licensed insurance companies should not be hindered from doing business by local governments, says official.
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- May 3 2017
Philippine life market growing at rapid pace
The sector is expected to register one of the fastest growth rates among emerging markets over the next nine years.
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- April 27 2017
Philippines urged to follow UK reinsurance probe
A senior insurance executive has asked the regulator to take a closer look at foreign reinsurance brokers.
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- April 7 2017
Philippines terrorist threat remains high
While an improved economy has reduced the ranks of unemployed people for terrorists to recruit from, risks remain high.
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- April 6 2017
Philippine HMOs required to seek regulator’s approval
Health-maintenance organisations are now mandated to get clearance before selling products to the public.
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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.
