Philippines insurance sector logs 34% premium growth
May 25 2018 by InsuranceAsia News-
Amid abundant capacity, 1.4 renewals could see double-digit rate drop: Aon’s George Attard
- March 27
APAC reinsurance solutions CEO tells IAN ahead of key renewals that a continuation of 1.1 dynamics has resulted in a favourable environment for buyers.
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Philippines 1.4 renewals ‘smooth and steady’, with XoL rates softening by 5-10%
- March 20
Process more stable compared to last year, and as reinsurers have remained disciplined, negotiations are more predictable and capacity availability has improved, brokers say.
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Philippines extends PFRS 17 deadline until January 2027
- March 12
Last year, the Insurance Commission mandated adoption of a new accounting standard - which aligns with the International Financial Reporting Standard 17 (IFRS 17) - by January 1, 2025.
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Gallagher expands in Philippines with Philinsure acquisition
- March 11
Global broker increases minority stake in the Philippines-based broker it has held since 2016.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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