Philippine Insurance Commission
Philippines expands allowable investments for regulated insurers
Philippines expands allowable investments for regulated insurers
It introduces investment types like debt securities by supranational organisations.
Philippines calls for more gender-specific insurance and HMO plans
The commission also encourages gender-sensitive plans and programmes.
Philippine insurers to adopt IFRS 17 standard by 2027
But insurers may opt to begin adjusting their financial reports prior to the date.
Philippine pre-need income doubles in Q4 2024
Also, the sector’s total assets grew by 8.12%.
Philippines to modernise insurance data privacy practices
IC and NPC will jointly develop guidelines to ensure responsible execution.
Shopee enters Philippine insurance market
SeaInsure is a non-life insurer owned by business tycoon Forrest Li.
Philippines’ COVID-19 insurance claims balloons to $240m
Bulk of the claims were paid from January to September last year.
Commentary
The increasing number of affluent individuals in India and their evolving insurance needs