Philippines sees stellar premium expansion
December 13 2018 by InsuranceAsia News
MORE FROM: Philippines
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Asia warming faster than global average, hit by 79 weather-related disasters in 2023: WMO
- April 23
Floods and storms are causing the highest number of reported casualties and economic losses, whilst the impact of heatwaves became more severe, according to a report from the UN climate agency.
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Philippines budgets US$80m for crop insurance funding in FY 2024
- April 8
The allocation is under the 2024 General Appropriations Act and is expected to cover the full cost of crop insurance premiums of more than 2.3m of the country's targeted farmers and fishermen.
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APAC markets see stable renewals on ample capacity, reinsurer appetite: brokers
- April 3
The supply-demand dynamics have shifted in favour of reinsurance buyers in the April renewals, leading to better pricing and easing of market conditions across Japan, India, Korea, the Philippines and China.
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1.4: Philippines sees flattish pricing though quoting markets remain tight
- March 25
While there is a gradual return to an orderly renewal process, the market is seeing a shift from proportional to non-proportional treaties.
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