Country: Philippines Page 16 / 16
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- August 11 2015
Foreign insurers court PNB bancassurance deal
At least six foreign insurers are pursuing Philippine National Bank for a bancassurance joint venture.
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- July 23 2015
PhilNaRe to expand life and health business
Expansion in life and health follows PhilNaRe rise in market share to one-fifth last year.
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- July 16 2015
Philippine insurers likely to hit US$4.4bn sales target
Sales growth likely to come from the country's non-life insurance sector, according to PhilNaRe.
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- July 10 2015
ACE Group names new country head for the Philippines
Peter van Ratingen replaces Daniel Daly at property and casualty giant.
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- July 7 2015
Philippine life insurance market smallest in Asean 5
Country's insurance market amounts to just US$3.8bn in premium earnings despite having second largest population among the Asean 5.
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- June 30 2015
Philippine deposit insurer to auction 126 bank assets
The PDIC is soliciting sealed bids for 126 properties owned by closed banks nationwide.
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- June 16 2015
Philippine lawmakers urged to pass national flood insurance bill
Bill aims to augment state-funded disaster assistance.
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- June 11 2015
BDO Unibank acquires Generali Pilipinas Holdings
Acquisition part of the bank's strategy to diversify into the life insurance business.
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- June 10 2015
Philippine court stops paid-up capital rate hike order for insurers
An adverse effect on the business climate is sufficient basis for an injunction, The Court of Appeals.
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- June 4 2015
Philippine insurers push for lower taxes on non-life insurance
5.5% tax on non-life insurance premiums sought.
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- June 3 2015
Samsung Life Insurance eyes acquisition in the Philippines
Growing economy, low insurance penetration rate, and large population seen as factors.
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- June 1 2015
Insurance penetration in the Philippines at 1.2%
Findings taken from a survey commissioned by Sun Life of Canada (Philippines).
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- May 30 2015
EastWest Bank and Ageas form Philippines joint venture
EastWest Ageas Life, a US$65m life insurance firm set to build bancassurance business in the Philippines.
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- May 6 2015
Manulife to open 18 branches in the Philippines, eyes raising market share
10 branches to be opened this year and a further eight scheduled in 2016.
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- May 1 2015
Maybank Ageas seeks to acquire insurance firms in Indonesia, Philippines
Discussions have been taking place with a number of parties for possible acquisitions.
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- April 29 2015
Global experts to discuss disaster insurance coverage
APEC meeting also looks at strategies to widen the penetration of micro-insurance products.
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- April 27 2015
Philippine nonlife insurance industry’s net income rises in 2014
A decline in frequency and severity of natural calamities attributed.
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- April 23 2015
Philippine National Bank seeks US$500m in sale of life insurance stake
Possible investors could come from Japan and Taiwan.
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- April 21 2015
Taiwan’s Cathay Financial enters Philippine banking sector
Cathay Life Insurance Corp acquires 20% stake in Rizal Commercial Banking Corp for Php7.95bn (US$179m).
