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NEWS

PIRA'S Executive Director

Re-elected to the ARISE Philippines Board of Directors

PIRA Joins OECD and OPASRC in Shaping the Philippines' Path to Climate-Resilient Public Finance

Before the Heat Hits and the Deluge Starts: What a Super El Niño Demands from All of Us

The Philippine Insurers and Reinsurers Association (PIRA) is proud to announce that its Executive Director, Michael Rellosa, has been re-elected as a member of the ARISE Philippines Board of Directors for the 2026–2029 term.

The Philippine Insurers and Reinsurers Association (PIRA) took part in the Working-Level Consultations on Advancing Sustainable Communities through Public Finance Resilience, organized by the Organization for Economic Co-operation and Development (OECD) in partnership with the Office of the Presidential Adviser for Sustainable and Resilient Communities (OPASRC), held on 13–14 July 2026 at Centro de Turismo Intramuros, Manila.

THE Pacific is warming again, and the warning lights are already on. The Philippine Atmospheric, Geophysical and Astronomical Services Administration has raised its El Niño alert, pegging the probability of onset between June and August 2026 at 79 percent, with European models flagging the possibility of a record-breaking “super” event that could stretch into 2027. The last strong El Niño in 2023 to 2024 cost Philippine agriculture roughly P57 billion. A super event would be worse, and the country must not be caught flatfooted.

July 24, 2026

July 15, 2026

June 4, 2026

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