Country: Philippines Page 9 / 16
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- July 11 2019
Malayan Insurance replaces CEO
Paolo Abaya has been promoted at the Philippines' carrier as Yvonne Yuchengco switches roles.
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- May 27 2019
Philippines seeks to establish agriculture reinsurer
The Philippine Crop Insurance Corporation could become a reinsurer.
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- May 6 2019
AIA to invest US$58m in the Philippines
Philippines' life market has plenty of room to grow.
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- April 17 2019
Allianz promotes for Philippines’ CEO role
Alexander Grenz to lead joint venture with the Philippine National Bank.
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- February 21 2019
Philam Life picks AIA’s Ang as CEO
Kelvin Ang will replace current chief executive Ariel Cantos.
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- January 23 2019
Philippines to delay IFRS 17
The country's regulator is to delay accounting standard implementation by another 12 months.
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- January 21 2019
Regulator warns Philippines’ P&C firms on capital
Minimum capital requirements of P900m are necessary by the end of the year.
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- December 13 2018
Philippines sees stellar premium expansion
The market's premiums grew 18% during the first nine months of the year.
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- November 29 2018
Nat Re and WTW collaborate on Philippines flood map
The two-year project aims to develop a catastrophe model for flood risk in the country.
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- October 17 2018
Disasters have cost the Philippines US$7bn since 2011
The country has suffered significant losses from natural disasters over the last eight years.
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- September 14 2018
Super Typhoon Mangkhut threatens Philippines and Hong Kong
A powerful storm is set to hit the northern islands of the Philippines and come close to Hong Kong over the weekend.
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- September 3 2018
Prudential Guarantee and Marsh drop complaints in the Philippines
The two parties have resolved their dispute, claiming that it stemmed from an “innocent misunderstanding”.
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- August 24 2018
Allianz PNB Life eyes microinsurance business in Philippines
The venture plans to target the country’s protection gap by providing cover where it is needed to protect customers.
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- August 17 2018
Philippines Nat Re names new head
Allan Rossi Santos replaces Augusto Hidalgo, who is pursuing new career opportunities.
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- August 7 2018
Philippines not ready for takaful
The Insurance Commission has said that the country is not yet ready to introduce Islamic insurance.
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- July 10 2018
Philippine pension fund ups rating requirement for reinsurers
The Government Service Insurance System will require bidders to have a credit rating of at least B+.
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- July 9 2018
Philippines reinsurer Nat Re posts US$3.8m underwriting profit
It was the fourth straight year that the reinsurer posted positive net income despite large global insured losses.
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- June 15 2018
Philippine insurers ready to fund infrastructure projects
The government is relying on development financing, but the country's life insurers would like to get involved.
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- May 25 2018
Philippines insurance sector logs 34% premium growth
Total premiums collected in the January-March period increased 34.4% to P76.64bn (US$1.46bn).
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- May 10 2018
Sun Life Philippines CEO to retire in June
After 26 years with the firm, Riza Mantaring is retiring and will be succeeded by Benedict Sison.
