Philippines
Philippine senate bill seeks broader insurance for rehired, direct overseas workers
Philippine senate bill seeks broader insurance for rehired, direct overseas workers
Recruitment agencies and foreign employers should be held accountable for their obligations.
Philippines cracks down on unauthorised third-party insurance seller
The government said it will deploy undercover “mystery customers”.
How financially prepared are Filipino women?
Over half of women are saving for their parents' current or future elderly care.
Pru Life UK records P10b in new business annual premium equivalent
Premium income from variable life insurance generated $810m.
Arthur J. Gallagher & Co. acquires Philinsure
Gordon Joseph and his team will continue to lead operations.
Philippine insurers to adopt IFRS 17 standard by 2027
But insurers may opt to begin adjusting their financial reports prior to the date.
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.
Philippine banks and insurers called to pursue human-centred AI adoption
AI adoption should be centered on financial inclusion, customer experience, and personalisation.
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.
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Nearly 8 in 10 MSMEs still face barriers to accessing loans, an expert said.
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