Insurance firms to undergo risk assessment
MANILA, Philippines — Insurance firms will undergo risk assessment in a bid to prevent money…
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Insurance industry posts higher premium collections
THE INSURANCE industry saw its premiums increase by 2.36% to P389.62 billion in 2023 as…
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Insurers told to make financial reports more transparent
THE INSURANCE COMMISSION (IC) is requiring covered companies to apply a new set of accounting…
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Microinsurance premiums up 23 percent in H1
MANILA, Philippines — Filipinos continue to be more aware of the need for social protection…
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Insurance industry hikes contribution to economy
MANILA, Philippines — The insurance industry saw its net income increase to P22 billion in…
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Lives covered by microinsurance go up by 15.39% in Q1
MICROINSURANCE coverage went up by 15.39% year on year in the first quarter, driven mainly…
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Insurance industry books higher premiums, assets in Q1
THE INSURANCE INDUSTRY’S combined premiums, assets and net worth rose in the first quarter, data…
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New technology needed to widen insurance coverage
MANILA, Philippines — The insurance industry should tap new technologies to ensure that more Filipinos…
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Ex POEA chief takes helm at Insurance Commission
MANILA, Philippines — The government has named Reynaldo Regalado as the new head of the…
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Insurance sector posts growth in premiums, assets, and net worth in 2022
THE INSURANCE INDUSTRY’S combined assets, net worth, and premiums rose in 2022, data from the…
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