Country: Philippines Page 12 / 16
-
- March 14 2017
Filipinos with microinsurance cover up 8% in Q4
Microinsurance, which offers coverage of P10,000 (US$200) to policyholders, continues to make waves in the Philippines.
-
- March 13 2017
Fewer nonlife firms in the Philippines expected this year
Numbers are expected to decline this year as the regulator imposes higher capital requirements for insurers.
-
- March 9 2017
Net income of Philippines firms up 26%
Premiums rose in the last three months of 2016 thanks to the expanded sale of life policies.
-
- February 6 2017
Pru Life UK, GIZ tie up for Philippine initiative
The microinsurance partnership will address financial literacy and provide low-cost life insurance products.
-
- February 1 2017
Union Bank inks bancassurance deal with Insular Life
The Philippines bank offers a network of more than 300 branches and six million customers.
-
- January 27 2017
Microinsurance success in the Philippines
The country’s insurance regulator forecasts that the penetration rate will reach close to 50% during the next five years.
-
- January 19 2017
Philippine insurers given capital requirement deadline
Regulators have given insurance companies until April this year to meet the minimum capital target.
-
- December 23 2016
Philippines budgets US$1bn for universal healthcare
The country's US$67 billion 2017 budget includes an 11.6% funding boost for universal healthcare.
-
- December 12 2016
Philippines pushes wider insurance access for SMEs
Legislators are working on a government subsidy of the insurance premiums to be paid by smaller businesses.
-
- December 8 2016
MAA boosts stake in Philippines general insurer
MAA General Assurance Philippines will soon become a subsidiary firm of MAA Group.
-
- November 15 2016
Innovation to help Philippine market growth
In a fast-changing and competitive market, the key for local insurers to thrive is innovation.
-
- November 9 2016
Philippines protection gap valued at US$300bn
Many Filipinos are still not covered and the industry is not focused on selling protection at present.
-
- November 3 2016
Philippine lawmakers back lower taxes on non-life insurance
Hopes are high that proposals to reduce taxes imposed on non-life insurance in the Philippines will eventually be approved.
-
- October 27 2016
Philippines’ mandatory nat-cat insurance under review
The Philippines’ Insurance Commission will review the proposed compulsory catastrophe insurance cover.
-
- October 11 2016
Proposed tax hike will harm Philippine insurers
The industry will face another challenge if plans to increase value-added tax from 12% to 15% go ahead.
-
- September 30 2016
Philippines optimistic amid weak financial markets
Insurance authorities in the country remain bullish that the domestic industry will not be affected.
-
- September 1 2016
Philippine deposit insurer issues warning
The insured status of institutions that engage in unsafe deposit-related banking practices will be terminated.
-
- August 31 2016
HMOs want to renegotiate Philippines guidelines
An industry group says the new requirements are too stiff given that this is the first time they are being imposed.
-
- August 18 2016
Philippines to develop new mortality table
The regulator will develop an updated table consistent with current underwriting and marketing practice.
-
- August 15 2016
New rules in licensing Philippine HMOs due soon
The new guidelines will be out by the end of August, according to the Insurance Commission.
