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Apr 1, 20241 min read
Cebu Province pioneers insurance scheme for govt workers
The Cebu Provincial Board (PB) has approved an ordinance establishing Sugbo Segurado, an accident and life insurance plan for all...
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Feb 29, 20242 min read
Philippines tops 36 markets as the most economically exposed to intensified Nat CAT
A new analysis of 36 countries/markets by Swiss Re Institute ranks the Philippines as the most economically exposed among them today,...
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Jan 11, 20242 min read
One-eighth of disaster losses in the region in 2023 are insured
Losses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the...
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Dec 14, 20231 min read
ASEAN Reinsurance Working Committee members sign MoU on Renewable Energy Pool
Members of the ASEAN Reinsurance Working Committee (ARWC) have signed a Memorandum of Understanding (MoU) to support underwriting...
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Dec 13, 20232 min read
Oona Insurance to take over Oona Philippines
Insular Life (InLife) and Singapore-headquartered Oona Insurance Group (Oona) have announced jointly that they are entering into an...
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Dec 13, 20234 min read
Region's insurance markets affected differently by inflation
The impact of inflation on ASEAN insurance markets was less than in mature Western markets, as inflation in Southeast Asia was on average...
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Nov 29, 20231 min read
Government insurer taps Japanese help to protect public assets against disasters
The Government Service Insurance System (GSIS) is working with the Japan International Cooperation Agency (JICA) to improve the...
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Nov 17, 20232 min read
News Risk Management15 Nov 2023Failure to attract and retain talent is a major business risk
The 2023 edition of Aon's biennial survey of global risks has revealed that human capital issues are no longer simply a "people problem",...
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