Philippines

Entrepreneurship remains a pipedream for many Filipinos

Entrepreneurship remains a pipedream for many Filipinos

Enterprisers struggle with cumbersome loan requirements and high collateral.
1 day ago

Pru Life UK’s NBAPE bags $167m

Total premium income rose to $819.4m.
6 days ago

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 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’ insurance penetration improves to 1.7%

The average insurance spending per capita, likewise, climbed to $66.2.