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State owned health insurer in good financial standing despite zero subsidy
The Philippine Health Insurance Corporation (PhilHealth) continues to be in sound financial position despite being given zero subsidies...
Jan 201 min read
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Nat CAT insured losses reach US$60bn in 1H2024
A high frequency of small to medium events resulted in global insured losses from natural catastrophes of $60bn in the first half of...
Aug 12, 20242 min read
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General insurance industry to reach US$3.8bn in 2028
The Philippines' general insurance industry is set to grow at a compound annual growth rate (CAGR) of 9.5% from PHP145.4bn ($2.6bn) in...
Jun 21, 20243 min read
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Asian Re's operating performance shows improving trend
Asian Reinsurance Corporation's (Asian Re) operating performance, though marginal, is on an improving trend, notes AM Best. The...
Jun 17, 20243 min read
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Malaysian InsurTech collaborates with local FinTech to offer credit protection to rural banks
Senangdali, a Philippine subsidiary of the Malaysian InsurTech firm Senang.io, is working with GoodTech, a FinTech company linking...
Jun 14, 20241 min read
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Investment yields contribute to improved insurance industry outlook
The high domestic interest rate environment in the Philippines will keep insurers' investment yields strong as companies reinvest their...
Jun 3, 20242 min read
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DENR Forum on the Blue Economy
PIRA Executive Director Mitch Rellosa representing the private sector attended the DENR Forum on the Blue Economy at The Novotel Manila...
Apr 26, 20241 min read
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Non-life sector drives profit growth in 2023
The Insurance Commission (IC) has announced that the net income of the insurance industry, comprising life and non-life insurance...
Apr 12, 20241 min read
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