Philippines targets 3% insurance penetration by 2019
September 7 2015 by InsuranceAsia News-
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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Chinese broker Huize plans Philippines, Singapore foray
- December 16
The move is part of the Nasdaq-listed insurtech platform’s target to generate 30% of its total revenue from overseas markets by 2026.
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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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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
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Allianz Life | Reaching for excellence through empowering people
Fostering strong customer relationships, nurturing community well-being and championing employee development through innovative insurance solutions to shape a brighter shared future for all.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
