Philippines
Inclusivity still a challenge despite digital growth in PHL insurance sector: Experts
Inclusivity still a challenge despite digital growth in PHL insurance sector: Experts
Industry experts shared how inclusivity is not just about access but also about financial sophistication.
How GCash’s credit and insurance tools unlock Philippines' inclusion barriers
Bank access increased to 65%, whilst insurance penetration improved to 1.71%.
Is BSP’s cyber resilience plan the key to protecting finance in 2025?
The central bank plans to mainstream cybersecurity in schools to close the skills gap.
Sun Life debuts peso tech funds
The funds come in two variants.
WTW appoints new CRB head for Philippines
His role is effective 2 January 2025.
Increased losses from disasters push Philippines’ general insurance premiums up
The industry is slated to grow by 14% this year.
Filipino Muslims seek more Shari’ah-compliant options
Ethical values heavily influence decisions, with healthcare as top priority.
Philippines motor insurance industry to grow 9% annually by 2029
This is higher than the global CAGR of 5.03%.
State health insurer urged to boost benefit packages immediately
Lee urged PhilHealth to use funds to expand coverage for other treatments.
Filipino gamers hold promise for FWD
The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.
Pru Life UK launches fund with access to global tech giants
The fund will allow investors to participate in dollar-denominated equity assets.
Philippine general insurers’ net income expands to $90b in H1 2024
Total assets also increased by 6.86% YoY.
Philippine’s life sector net income jumps 22% in H1 2024
Total assets also increased by 6.86% YoY.
Pru Life UK nets $85m in new premiums this quarter
It also totalled $400m in premium income for variable life insurance products.
Philippine HMO net income rebounds to $11.2m in H1 2024
Thanks to higher revenues driven by higher membership fees collected.
Philippines’ insurance penetration increases amidst higher premiums end-June
It stood at 1.71%, higher than last year’s 1.63%.
Malayan adjusts portfolio to lower investment risks
The insurer is seen to have a five-year average ROE ratio of 3.8%.