NEWS
The Philippine Insurance Industry Entered 2026 on Solid Ground
The Philippine Insurance Industry reported a stable performance in the first quarter of 2026, according to data from Manila's Insurance Commission (IC), supported by continued growth in premiums, invested assets, and benefit payments.
May 21, 2026
IC Extends Deadlines for
Reportorial Requirements
Preliminary data from the Insurance Commission shows that in the first quarter alone, the industry paid out ₱43.44 billion in benefits to policyholders and beneficiaries — up from ₱39.01 billion in the same period last year. At the same time, more Filipinos are buying insurance: Total Premiums grew to ₱140.85 billion from ₱124.48 billion, and Insurance Penetration rose to 2.03% of GDP. Total Industry Assets now stand at ₱2.65 trillion.
May 21, 2026
IC Extends Deadlines for
Reportorial Requirements
The Insurance Commission (IC) has stepped up in support of its regulated entities by granting extended deadlines on key reportorial requirements under Circular Letter No. 2026-10, dated 06 May 2026.
May 7, 2026
Member Companies
