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Philippine Standard Time:
04:52:51 PM
Sat, April 19, 2025
Why insurance companies are pulling out of California and Florida
and how to fix some of the underlying problems When the nation’s No. 1 and No. 4 property and casualty insurance companies – State Farm...
Jun 14, 20235 min read
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New regulatory chief calls on insurers to use technology to improve insurance access
The Philippine new insurance commissioner is urging the insurance industry to tap new technologies to provide Filipinos with better...
May 9, 20231 min read
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Insurance regulators can contribute to addressing protection gaps
The International Association of Insurance Supervisors (IAIS) says that it will publish a report by the end of 2023 which analyses the...
May 3, 20232 min read
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Insurers face marginal fall of 2.25% in net profit in 2022
The net income of the insurance market in the Philippines dipped by 2.25% to PHP46.68bn ($859m) in 2022 from PHP47.75bn, data released by...
Mar 29, 20231 min read
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Umbrella insurance body stresses need to address protection gaps
Arrowing protection gaps has become even more important due to the rise in recent years of four global mega trends that affect them...
Mar 15, 20234 min read
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Total economic and insured losses quakes likely to exceed US$25bn and $5bn respectively
Moody's RMS, a leading global catastrophe risk modelling and solutions company, estimates economic losses from the moment magnitude (Mw)...
Feb 28, 20233 min read
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New solvency assessment requirement elevates insurance regulation
The Philippines' adoption of Own Risk and Solvency Assessment (ORSA) standards is a positive development that will elevate the country's...
Feb 23, 20232 min read
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Allianz sees resilient 2022 full-year performance in the region
Germany's global insurer Allianz has announced that its total operating profit in Asia increased by 17% to EUR674m ($720m) in 2022. In...
Feb 23, 20231 min read
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