Philippines
Philippines orders insurers to fast-track claims in calamity zones
Philippines orders insurers to fast-track claims in calamity zones
The IC also told companies to ensure damage assessments are properly recorded.
How did Philippine insurers perform in Q3 2025?
Insurance penetration climbed to 1.85% in Q3 2025.
Philippines launches parametric insurance for small fishers
The insurance will provide payouts of up to $100 per policy cycle.
Oona Insurance partners with Tesla on free Model Y coverage
They will offer 12 months of coverage supported by Oona’s digital claims service.
PDIC, Philippine central bank sign revised agreement to enhance bank oversight
The agency said this will give depositors “renewed assurance.”
Nat Re Philippines’ well-positioned for business opportunities and new services
Its investment portfolio faces moderate risk and its balance sheet is sensitive to natural catastrophes.
PDIC issues draft rules to clarify denied claims appeals
Key changes include wider coverage of cases.
Oona Insurance introduces flexible coverage for Filipinos abroad
Oona members have cashless access to over 650 hospitals and clinics nationwide.
Sun Life Philippines brings financial guidance to MSMEs with Go Negosyo
Advisors will be present to provide business owners with insurance guidance.
Philippine life insurance premiums rise 12% to $3.51b in H1 2025
It was mainly driven by a 15.47% increase in variable unit-linked premiums.
Philippines HMOs lift healthcare benefits 20% in first half 2025
The industry’s net income surged 131.12% to $0.03b.
Sun Life opens renovated client center in Makati with tech upgrades
It also launched three new business offices.
Philippines non-life insurers’ net income grows 3% YoY in H1 2025
Total net premiums written (NPW) stood at $713.3m.
FWD Life Insurance launches fast lane with shorter pay terms
The plan requires a minimum premium of $3,480.32 per year.
How much is the Philippine general insurance market worth by 2029?
Property insurance is expected to account for 40% of GWP this year.
Philippines pilots satellite-based crop insurance with global partners
Agricultural losses from natural disasters reached ₱57.8b in 2024.
Sun Life posts P28.9b premium income in Philippines Q2 2025
The insurer said it retained its position as the country’s top life insurer.
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
