Philippines

Oona Insurance eyes M&A to boost earnings

Oona Insurance eyes M&A to boost earnings

Stricter capital rules are pushing weaker players out of the Philippine market.

Pacific Union Insurance Company bags two wins at Insurance Asia Awards 2025

It has made a huge impact with its operational innovations and employee development solutions.

Philippines proposes motor premium hikes with wider cover

The revised premium structure retains fixed additional charges.

Philippine state insurer completes non-life insurance hub rollout

The new hub serves both individual GSIS members and institutional clients. 

GCash issues 51.4m insurance policies since 2021

The company currently offers 48 insurance products.

Sun Life Philippines names new President

He has more than two decades of experience.

Philippines, FAO push insurance access for small fishing vessels

The country offers subsidies, flexible payment schemes, and simplified products.

Pru Life UK launches Shari’ah-compliant life plan in Philippines

It has a a minimum annual contribution of $4.25 (₱250).

Philippine pre-need premiums grow 4.4% in early 2025

Total premium income also grew by 4.41% to $105m.

Singlife offers funeral coverage of up to $9,000 via app

Funeral expenses in the Philippines often exceed $3,600.

FWD Life Insurance is the Philippines' top life insurer in Q1 2025

Its new business annual premium equivalent rose 57% during the quarter.

Insular Life posts 1.1% rise in FY 2024 net income

New Business Premiums surged by 20.0% YoY.

Generali completes sale of Philippine unit to Insular Life

In a previous announcement, this could result in a capital loss of ~$23m.