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Kirbs

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June 25, 2022

PH insurers’ investments seen benefiting from high-interest regime

MANILA, Philippines—Insurers in the Philippines see an investment windfall from the current high-interest rate environment…
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June 25, 2022

Insurers urge IC to postpone hike in capital requirement

INDUSTRY LEADERS urged the Insurance Commission (IC) anew to postpone the mandated increase in their…
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June 17, 2022

Insurance payments for COVID-19 hit P20 billion

MANILA, Philippines — The insurance industry raised its total COVID payouts to P20 billion after…
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April 18, 2022

Market Profile – Philippines Life insurance boosted by pandemic – Asia Insurance Review, April 2022 by Anoop Khanna

As the Philippines life insurance industry moves into a new phase after a turbulent pandemic,…
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March 2, 2022

Insurance payouts during pandemic hit nearly P17 billion

MANILA, Philippines — Insurance firms released almost P17 billion in benefits to their clients during…
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February 10, 2022

Insurers hike share to economic output

MANILA, Philippines — Insurers hiked their contribution to economic output last year as Filipinos spent…
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January 3, 2022

Insurers post improved performance in Q3

MANILA, Philippines — The insurance industry grew both its premiums sold and profit earned by…
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November 5, 2021

Number of Filipinos covered by microinsurance drops to 46.97 million in Q1

MANILA, Philippines — Overall sales of microinsurance grew 16.3 percent year-on-year to P2.31 billion in…
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October 28, 2021

Insurance premiums rise 37% to P187 billion

MANILA, Philippines — Insurance premiums grew more than 37 percent to P187 billion in the…
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September 23, 2021

COVID-19 insurance claims reach P4.35 billion in H1

MANILA, Philippines — The insurance industry paid P4.35 billion in COVID claims in the first…
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