Country: Philippines Page 7 / 17
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- February 19 2021
Philippines sets Q1 target for nat cat facility
Domestics insurers are currently forced to look overseas for reinsurance.
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- February 11 2021
Philippines exploring additional regional catastrophe risk pools
The government has tried — and failed — to launch a reinsurance scheme to cover state assets.
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- January 18 2021
Asia coal premiums to harden amid reduced appetite
Power plants with medium-to-large losses could face rises of 100-200%.
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- January 14 2021
Marsh confirms Collin Yap as Singapore CEO
He succeeds Iris Teo who has taken on a regional leadership role at the broker's consulting arm.
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- December 30 2020
Philippines P&C sector sees 18% H1 2020 premium drop
Insurance Commission notes decline across the board but profitability holds up.
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- December 29 2020
RCEP to comprise 25% of global premiums
Asian trade deal will come into force in 2021 and boost premiums by US$9.6bn by 2030.
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- December 15 2020
Philippines PNBGen to merge with Alliedbankers Insurance
Billionaire Lucio Tan is on both sides of the transaction.
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- December 10 2020
Philippines to relaunch state reinsurance scheme in 2021
The state-run programme has failed to gain traction since its initial launch in 2019.
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- November 23 2020
Typhoon Vamco causes significant damage to the Philippines
There are numerous infrastructure claims associated with the storm.
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- November 13 2020
Age of 5-year plan for insurers is “long gone”: FWD’s Huynh
The group CEO says digital models that integrate 'human factor' will succeed.
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- November 9 2020
Philippines and Vietnam suffer US$700m storm damage costs
McLarens and Total Claims Specialist have shared on the ground claims intelligence with IAN.
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- October 30 2020
Galileo’s private blockchain unlocked by Singlife Philippines
The partnership is the first of its kind with an insurer.
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- October 28 2020
Worst typhoon “in decades” approaches flood-hit Vietnam
The 17th typhoon to hit the country this year has already caused damage in the Philippines.
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- October 19 2020
Insurers race to meet Philippines’ capital requirements
Four firms have been given a fresh deadline.
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- September 9 2020
Insurtech BIMA lands US$30m for Asia push
Investors include Allianz and China's CEFIF.
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- August 11 2020
SE Asia to confront increase in wildfires
A report from data analytics firm Twenty Four Seven examines the decade 2030 to 2040.
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- August 7 2020
Philippines state insurer officials face charges in US$300m fraud
Case follows Indonesia's state-run Jiwasraya being shut down due to fraud and corruption.
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- July 28 2020
Sachin Shah to join Manulife
He will manage emerging markets in South-East Asia and previously led AIG's GI APAC operations.
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- July 13 2020
Philippines charts insurtech age with inaugural sandbox
The Insurance Commission hails it as a "pioneering moment."
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- July 10 2020
People round-up: AIA, Aviva, HSBC Life, Pacific Life Re, TCS
Amanda Blanc is Aviva's new global chief executive as Maurice Tulloch leaves for personal reasons.
