Updates
Call for Nominations | 2026 Japan Insurance Advanced Course
The General Insurance Association of Japan (GIAJ) is inviting nominations for the 36th Advanced Course of The Insurance School (Non-Life), 2026, focused on building resilient and sustainable insurance strategies. Open to next-generation insurance leaders, with 2 slots for the Philippines (1 for PIRA and 1 for IC).
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Key Dates:
• Application submission to PIRA: Feb. 20, 2026
• Online sessions: May 27 – June 2, 2026
• In-person sessions: June 10 – 16, 2026 (Tokyo, Japan)
Nominees must attend both online and face-to-face sessions.
Industry-Supported Actuarial Project Moves into Data Collection Phase
The industry-supported Actuarial Project on Tariff Rates has entered the data collection phase, with companies preparing to extract and upload their seven-year data ahead of the actuarial analysis. Coordinated by PIRA with the Insurance Commission, actuarial experts, and member companies, the project aims to modernize tariff structures for Motor Car, Property, and Surety lines using a more data-driven and sustainable approach.
Data tools are undergoing final security testing, with the project set for completion in the first half of 2026 and the release of a new Tariff Manual.
LTO Suspends DBP-DCI Insurance Validation; PIRA Engages Regulators
The Land Transportation Office (LTO) has suspended the implementation of the DBP-DCI Insurance Certificate Validation requirement following concerns raised by stakeholders.
In response, the Philippine Insurers and Reinsurers Association (PIRA) confirmed that issuance of DBP-DCI validation certificates remains on hold. PIRA also formally communicated its position to the LTO, expressing support for digitalization initiatives while citing operational and system-readiness concerns.
Member Companies
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