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Insurers’ Q2 COVID-19 payouts hit P1.18 billion

TOTAL PAYOUTS made by insurance providers for claims related to the coronavirus disease 2019 (COVID-19)…
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Insurance industry books higher assets, net worth and payouts in the 1st quarter

THE INSURANCE SECTOR’S total assets, net worth, and benefit payouts grew in the first quarter,…
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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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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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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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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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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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Insurers hike share to economic output

MANILA, Philippines — Insurers hiked their contribution to economic output last year as Filipinos spent…
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Insurers post improved performance in Q3

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