Philippines
This week in insurance: Philippines protection gap flagged, cyber risks intensify, insurers push simpler products
This week in insurance: Philippines protection gap flagged, cyber risks intensify, insurers push simpler products
The country’s life insurance penetration is only at 1.8%.
1 day ago
PH insurers must prioritise simplicity to expand coverage: executives
Embedding insurance into everyday transactions can also improve affordability.
4 days ago
Execution over strategy: The new differentiator for insurance leaders
AI won't replace your advisor, but an advisor with AI will, Sun Life said.
5 days ago
Better protection for vulnerable groups could boost PH insurer trust: AXA
Insurers can draw from guidance used in other jurisdictions.
5 days ago
Cybercrime tops insurance risks as AI heightens threats: PwC
Economic pressures and climate change round out the top five risks for the sector.
5 days ago
Savings vs. shocks: Why a $400b gap threatens PH’s financial future
Pru Life UK warns that without insurance, traditional savings and investments are a "complete waste of time."
5 days ago
How banks and insurers are misreading customer needs
They create lego-like customisable products, but it's the agents stacking the blocks.
5 days ago
Pru Life UK Cebu move packs 1,000 workers into 12,130 sq ft
The build follows the earlier BGC Manila opening, with multiple work settings for branch leaders.
7 in 10 Filipinos delay retirement due to financial insecurity
Many are unsure they can retire, and half say they need to save more first.
Sun Life expands new business office network as 2026 count reaches 100
2 sites opened in Filinvest City Alabang and 1 site launched in San Fernando Pampanga.
Sun Life Grepa profit rises 17% as sales jump
Net income reached PHP1.6b despite faster expansion in new business volumes
Sun Life posts $1.1b as competitors trail by $200m
It plans to widen its adviser network alongside stronger technology capabilities this year.
Philippines’ insurance penetration stalls at 1.79% as payouts hit $3b
Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.
bolttech partners with Philippine firms for job-loss cover for motorcycle loans
bolttech will handle distribution and claims services across the lender’s retail network.
Philippines pre-need premiums rise to $300m
Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.
Sun Life urges regulator to update insurance rules
The meeting cited emerging risks tied to digital innovation across the sector.
Sun Life Grepa expands regional footprint with Cebu branch move
Relocation to JEG Tower follows new office launches in four more cities.
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