Country: Philippines Page 9 / 16
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- June 15 2018
Philippine insurers ready to fund infrastructure projects
The government is relying on development financing, but the country's life insurers would like to get involved.
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- May 25 2018
Philippines insurance sector logs 34% premium growth
Total premiums collected in the January-March period increased 34.4% to P76.64bn (US$1.46bn).
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- May 10 2018
Sun Life Philippines CEO to retire in June
After 26 years with the firm, Riza Mantaring is retiring and will be succeeded by Benedict Sison.
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- May 9 2018
Philippines open to joining Asean catastrophe pool
The country is particularly vulnerable to natural disasters and stands to benefit from regional risk pooling.
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- May 9 2018
Philippines insurers told to lead ‘fourth industrial revolution’
The country's finance secretary urged the industry to rethink how it does things and how it makes products.
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- May 3 2018
Pru Life signs Philippines bancassurance deal
Regulators have given the green light for the proposed bancassurance tie-up with Robinsons Bank.
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- March 16 2018
Philippine regulator shuts down five non-life firms
The companies failed to meet capital requirements set in the country's insurance code since 2016.
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- March 14 2018
Philippines insurance premiums up 12% in 2017
The country's life insurance sector contributed more than three-quarters of total premiums.
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- March 12 2018
Philippines eyes initiatives to boost insurance sector
The measures are aimed at encouraging microinsurance and increasing digitalisation of the industry.
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- February 23 2018
Generali eyes opportunities in the Philippine market
After the end of its 17-year partnership with BDO Unibank it intends to re-focus on group life and health.
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- February 12 2018
FWD Life appoints new chairman for Philippine business
The country’s former ambassador to the US, Jose Cuisia, has taken up the role to replace Julian Lipman.
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- February 5 2018
Axa to open shared service centers in Manila, Kuala Lumpur
Company officials say the new centres will become information technology hubs for Japan and the rest of Asia.
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- February 2 2018
Philippine life sector to log double-digit growth
The expansion is being driven by the country’s strong demographics and the impact of tax reforms.
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- January 30 2018
Philippines to review capital rules for insurers
The capitalisation requirement for local insurance companies is being reviewed in light of a study of Asean rules.
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- January 23 2018
IAG likely to move 141 jobs to the Philippines
The Australian group is reportedly shifting back-office jobs from New Zealand and Australia.
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- January 10 2018
Pru Life inks bancassurance deal with Philippine bank
The three-year partnership with Robinsons Bank will initially focus on traditional or basic products.
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- December 15 2017
Philippines to probe GSIS reinsurance contracts
An inquiry into the Government Service Institution System highlights the challenges faced in emerging markets.
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- December 14 2017
Philippine firms continue net income growth
A rise in underwriting and investment income helped drive the robust third-quarter performance.
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- October 13 2017
Philippine insurers told to beef up reserves
There remains a US$155m gap in reserves, or more than 60% of industry premiums and claims.
