Philippines

This is higher than the global CAGR of 5.03%.

Lee urged PhilHealth to use funds to expand coverage for other treatments.

The insurer plans to support other games and aspects of the gaming ecosystem beyond esports.

The fund will allow investors to participate in dollar-denominated equity assets.

Total assets also increased by 6.86% YoY.

Total assets also increased by 6.86% YoY.

It also totalled $400m in premium income for variable life insurance products.

Thanks to higher revenues driven by higher membership fees collected. 

It stood at 1.71%, higher than last year’s 1.63%.

The insurer is seen to have a five-year average ROE ratio of 3.8%.

His role is effective 1 October.

The platform is already available in Vietnam and Indonesia.

It aims to expand healthcare access for SMEs in the Philippines.

Three in 17 regions were declared calamity areas by tropical storm Carina.

It hopes to adopt advanced models used in countries like Japan and Vietnam.

The Philippines' leading insurance firm has been recognised for its impactful initiatives aimed at democratising insurance access across all socioeconomic classes.