Country: Philippines Page 14 / 17
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- June 6 2016
Philippine regulator issues bill of rights
Insurance companies operating in the Philippines will now have to observe the Bill of Rights for Policyholders.
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- June 3 2016
Philippine insurance regulator named first Mefin head
Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.
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- June 2 2016
Philippines exceeds micro-insurance target
Almost three out of every 10 Filipinos are covered by cheap insurance products, providing a benchmark for other Asian countries.
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- May 17 2016
Sun Life Grepa sees record growth in the Philippines
The Philippine joint venture insurance company posted premium income up 44% year-on-year in 2015.
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- May 12 2016
Philippine government sells National Life
The insurance regulator has approved the sale to a consortium of Filipino businessmen for US$23 million.
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- May 11 2016
EastWest buys StanChart’s Philippine insurance unit
Assurance Solutions Insurance Agency was set up in 2012 to provide marketing and sales services for Standard Chartered.
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- May 6 2016
AIA bullish on the Philippines
The CEO of its joint venture in the country cited low penetration and the expanding middle class as substantial opportunities.
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- April 25 2016
Philippines tightens rules on pre-need, health insurance
The regulatory tightening follows a shortage in the trust fund of a local pre-need company.
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- April 22 2016
AIA bullish on Philippines despite low penetration
Insurance penetration has slowed to a growth rate of less than 2% during the past seven years.
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- April 6 2016
AXA Philippines completes acquisition of Charter Ping An
The acquisition allows it to offer the full spectrum of financial protection to customers in the country.
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- April 4 2016
Philippine premium income up 18.71% in 2015
Total premium income reached US$4.86 billion last year.
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- April 1 2016
Health expenditure in the Philippines tops US$11bn
More than 50% of the total comes from personal expenditure by Filipino consumers not covered by insurance policies.
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- March 1 2016
Philippines urged to expand crop insurance
An NGO has made the call as presidential candidates are touring the country campaigning for the May 2016 election.
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- February 29 2016
Philippine premiums forecast to hit US$5.9bn this year
The Philippine Insurance Commission says further expansion expected in both the life and non-life sectors.
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- February 18 2016
Philippines approves Allianz-PNB bancassurance deal
The Philippines Insurance Commission has approved the 15-year deal to create Allianz PNB Life Insurance.
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- February 12 2016
Tax revenue on Philippine premiums hits five-year high
The tax office says it collected the most revenue from insurance since 2009, despite a much lower tax rate introduced in 2011.
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- February 5 2016
Philippine government taps insurance funds for projects
New regulations are needed to facilitate investments by the sector in PPP infrastructure projects.
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- February 4 2016
Asia United Bank seeks bancassurance partners
Bank's president says that potential partners have approached the bank for a possible deal.
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- February 2 2016
New players to boost Philippine sales to US$6.3bn in 2016
The Insurance Commission is forecasting ambitious premium income growth of 28% this year.
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- January 29 2016
JLT launches first renewable energy cover in the Philippines
Policy offers security to small and mid-sized renewable energy developers against project risks.
