Philippines

MAA Group sells 85% stake in Philippine arm

MAA Group will exit the nonlife insurance business entirely.

MAA Group sells 85% stake in Philippine arm

MAA Group will exit the nonlife insurance business entirely.

Hive Health acquires HPPI

The acquisition will entail HPPI’s to integrate with Hive Health’s technological capabilities.

Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential

Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.

How customer centricity can aid the Philippines’ narrow insurance penetration

With less than 3% insurance penetration, insurance experts concur that low financial literacy has eroded potential.

Tonik digital bank enters the insurance market

The partnership with Sun Life Grepa will offer credit life and disability insurance.

FWD Philippines launches insurance plan for gamers

Customers can opt to add critical illness benefit, accidental death coverage, or both.

Most insurance companies use 18-year-old legacy systems, not enough to drive innovation: ZA Tech

Legacy systems often come with limitations that can hinder the development of new products and insurance channels.

Etiqa Philippines says rising costs may entail adjustments in premium pricing and risk management strategies

Although various influences linger, the country’s penetration rate must be put in focus.

Sun Life Philippines pushes for a purpose-driven agency force in the digital era

The insurer shared the sheer importance of having the right balance between customer and clientele.

Manulife Philippines President and CEO points out three ways to navigate post-pandemic challenges

The insurance leader said insurers have a unique opportunity to address the health protection gap in the Philippines.

EY consulting partner tallies six emerging focus areas insurers must be on the lookout for

The expert said the life and health insurance and retirement industries will witness transformative changes in the coming years.

PH congressman proposes 2% tax collection on non-life premiums

Currently, only life insurance premiums are taxed in the country.

The Philippines’ life insurance sector climbs 9.6% YoY in Q2

This was driven by the surge recorded in premium collections from traditional life insurance products.

Philippines’ Nat Re’s underwriting performance seen to improve: AM Best

Nat Re's enterprise risk management approach is appropriate for its current size and complexity.

Aon Philippines welcomes new country head of reinsurance solutions

He has close to three decades of experience in the industry.

Philippine reinsurance costs to hike from climate change impact

Driven by the high risk of natural disasters amidst climate change, non-life insurance plans may become more expensive.