Country: Philippines Page 14 / 16
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- January 13 2016
More foreign insurers looking to enter Philippine market
Local regulator says it has received a lot of interest after the successful entry of two foreign firms in 2015.
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- January 12 2016
Eight nonlife insurers in the Philippines for sale this year
A new capitalisation requirement is encouraging a wave of consolidation among smaller insurers.
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- January 6 2016
Philippine central bank likely to raise insurance budget
The BSP is reportedly reviewing its insurance funds and could up its allocation from the current P3.65bn.
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- December 23 2015
Allianz Buys 51% of PNB Life in the Philippines
The two firms also enter into a 15-year exclusive distribution partnership
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- December 17 2015
Manulife Philippines bancassurance deal gets clearance
Manulife Philippines can now sell insurance products at branches of China Savings Bank.
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- December 15 2015
Microinsurance rises in the Philippines
Coverage widens to 31.1m, representing 62% of all insurance policies in the country.
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- December 3 2015
Sun Life of Canada to invest in Philippine power industry
The investment will feature a 12-year loan agreement between the Canadian insurer and private partners.
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- November 25 2015
Manulife completes US$1bn fundraising
The 12-year subordinate bonds pay a coupon of 3.181% and are guaranteed by Manulife Financial.
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- November 4 2015
Philippine insurers’ profits jump by two-thirds
The industry's yearly profit reached US$436 million at the end of the third quarter, up 65.8%.
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- October 27 2015
Philippines issues guidance on micro pre-need products
Insurers in the country are set to soon come out with micro pre-need products and services.
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- October 26 2015
EastWest-Ageas life insurance JV gets SEC approval
East West Banking Corporation and Ageas Insurance International receive green light for new life insurance company.
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- October 21 2015
Manulife Philippines opens two branches in Mindanao
New branches in the cities of Dipolog and Butuan bring its total outlets in the country to 38.
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- October 14 2015
Philippines property insurance market booming
The country had one of the fastest-growing property insurance markets between 2010 and 2014.
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- October 13 2015
Philippines seeks to widen health insurance coverage
Review prompted after the country was tagged as one of the world's worst places to die.
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- October 8 2015
SM Malls to offer prepaid life insurance products
The Manulife products will soon be available at counters in Philippine shopping malls.
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- October 8 2015
Philippine bank gets nod to invest in insurance JV
Bangko Sentral ng Pilipinas has approved the life JV between East West Bank and Ageas.
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- September 25 2015
Gadgets won’t help insurers’ bottom lines, says Pru
Smart devices could lead to the decline of conventional risk pools as preventable accidents drop.
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- September 18 2015
Manulife to expand Philippines branch presence
The insurer will increase the number of branches to a total of 50, up from the current 37.
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- September 16 2015
Indonesian regulator revokes licence of MAA General
Its Indonesian operation licence has been revoked with effect from September 3 2015.
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- September 16 2015
Philippine insurance industry to rise up to 30% this year
Rising incomes among Filipinos will trigger the growth of the industry this year, says Sun Life.
