Philippines
Arthur J. Gallagher & Co. acquires Philinsure
Arthur J. Gallagher & Co. acquires Philinsure
Gordon Joseph and his team will continue to lead operations.
22 hours ago
Philippine insurers to adopt IFRS 17 standard by 2027
But insurers may opt to begin adjusting their financial reports prior to the date.
1 day ago
PH banks and insurers face MSME credit gap, AI fraud, climate risk
Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
2 days ago
Philippine banks and insurers called to pursue human-centred AI adoption
AI adoption should be centered on financial inclusion, customer experience, and personalisation.
2 days ago
Philippine HMO industry net income soars 123% in FY 2024
The sector posted a net income of $16.7m.
Philippine pre-need income doubles in Q4 2024
Also, the sector’s total assets grew by 8.12%.
Philippine deposit insurer raises maximum coverage to P1m
Previously, the MDIC amount was $8,630.44 (₱500,000).
Pru Life UK’s Manila headquarters embraces hybrid work
The office has recreational and wellness areas to help employees recharge.
Philippine gov’t insurer sees net income surge of 21% YoY in 2024.
It disbursed $3.06b (₱179.92b) in claims and benefits last year.
Philippines life insurance rises whilst non-life declines in Q4 2024
Both sector’s total assets grew YoY.
Philippines’ insurance penetration improves to 1.7%
The average insurance spending per capita, likewise, climbed to $66.2.
AXA Philippines launches new health plan for critical illnesses
The plan offers coverage for over 150 medical conditions.
Allianz PNB cuts product rollout by 30% with new partnership
The insurer aims for customers to receive policies in five minutes.
FWD Philippines boosts presence in Cebu
It now has 17 business hubs nationwide.
Philippine Crop Insurance to disburse farmer payments via GCash
Farmers no longer required to visit PCIC offices.
Pru Life UK, AAIIBP boost Islamic finance
It also partnered with Al Amanah Islamic Investment Bank to promote Islamic finance.
Philippine Deposit Insurance remits $2b to fund gov’t projects
The Deposit Insurance Fund is kept within the target level established by the board.
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1. Singapore moms juggle family tasks and money matters 2. Philippine banks and insurers called to pursue human-centred AI adoption 3. Aon acquires Mitsubishi Chemical's insurance agency business 4. Singapore life annuity insurance market to grow by $603m by 2028 5. PH banks and insurers face MSME credit gap, AI fraud, climate riskResource Center
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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