Philippines
Philippine non-life insurance outlook turns sour: AM Best
The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.
Philippine non-life insurance outlook turns sour: AM Best
The negative outlook was attributed to the heightened negative pressure on the balance sheet and operating performance of counterparts.
Nat Re's business in position to capitalise from local gov't initiatives
Nat Re's underwriting portfolio is moderately diversified by geography.
Philippines' health maintenance org industry posts losses in Q1
The industry registered a P319m net loss.
PH’s COVID-19 claims plummet in H2 2022
Insurance claims related to COVID-19 amounted to P1.53b ($-).
Philippines’ general insurance sector to grow 11.6% in premiums: GlobalData
This is equivalent to P211.5b ($3.7b) gross written premiums.
Manulife Philippines names new CFO and CRO
President and CEO of Manulife Philippines emphasised the importance of appointing seasoned professionals.
Make sure to attend the 2023 Insurance Asia Forum in October
The forum aims to address the evolving challenges and opportunities in Asia’s insurance sector as well as explore innovative strategies for companies today.
Philippine micro-insurance premiums rise 14% in 2022
Total lives insured under micro-insurance products reached 57.8 million.
Philippine life insurance up 3.30% in first quarter
Total assets accumulated for the quarter reached P1.71t.
State-run insurance to cover PH central post office after massive fire
The post office will be covered for P604m.
Philippine HMO performance down in 2022
Eight licensed HMO firms recorded a net loss.
Philippine insurance density inches down in 2022
A total of 128 out of 130 companies submitted data to the Insurance Commission.
Online selling platforms are new insurance intermediaries: report
The report aims to be a point of reference for government and industry discussion on insurtech.
BPI AIA names new CEO
She was previously the Head of Partnership Distribution Sales Channels.
Gigacover partners with yufin to launch health cover for SMEs in the Philippines
This will enable yufin to offer insurance products to SMEs.
AIA announces acquisition of MediCard Philippines
Dr. Nicky Montoya to continue to lead MediCard as the CEO.
AIA in talks to buy Philippines MediCard
The deal could raise the value of the healthcare provider to $350m.
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Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential
![Outdated systems cause data breaches, dragging the Philippine insurance market’s growth potential]()
Insurance
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
Insurance experts warn of poor systems leading to the disruption of digital adoption, whilst partnership opportunities could boost growth.
