Philippine Insurance Commission
How did Philippine insurers perform in Q3 2025?
How did Philippine insurers perform in Q3 2025?
Insurance penetration climbed to 1.85% in Q3 2025.
Philippine pre-need premiums grow 4.4% in early 2025
Total premium income also grew by 4.41% to $105m.
How did the Philippines’ insurance market perform in Q1 2025?
The commission expects this momentum to continue through the year.
Philippine insurance penetration rises to 1.89% in Q1 2025
Insurance density also grew by 13.40% YoY.
Philippines HMO sector soars in Q1 2025
The growth is primarily driven by the 26.15% increase in the collection of membership fees.
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
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