Insurers urge IC to postpone hike in capital requirement
INDUSTRY LEADERS urged the Insurance Commission (IC) anew to postpone the mandated increase in their…
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Insurance payments for COVID-19 hit P20 billion
MANILA, Philippines — The insurance industry raised its total COVID payouts to P20 billion after…
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Market Profile – Philippines Life insurance boosted by pandemic – Asia Insurance Review, April 2022 by Anoop Khanna
As the Philippines life insurance industry moves into a new phase after a turbulent pandemic,…
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Insurance payouts during pandemic hit nearly P17 billion
MANILA, Philippines — Insurance firms released almost P17 billion in benefits to their clients during…
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Insurers hike share to economic output
MANILA, Philippines — Insurers hiked their contribution to economic output last year as Filipinos spent…
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Insurers post improved performance in Q3
MANILA, Philippines — The insurance industry grew both its premiums sold and profit earned by…
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Number of Filipinos covered by microinsurance drops to 46.97 million in Q1
MANILA, Philippines — Overall sales of microinsurance grew 16.3 percent year-on-year to P2.31 billion in…
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Insurance premiums rise 37% to P187 billion
MANILA, Philippines — Insurance premiums grew more than 37 percent to P187 billion in the…
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COVID-19 insurance claims reach P4.35 billion in H1
MANILA, Philippines — The insurance industry paid P4.35 billion in COVID claims in the first…
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Insurance takes up record 2.3% of GDP
MANILA, Philippines — The pandemic has compelled Filipinos to acquire private savings which they can…
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