News
May 26, 2021

Insurance industry pays out P3.89 billion in COVID-19 claims

MANILA, Philippines — The insurance industry was able to pay out a total of P3.89…
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News
May 3, 2021

Insurer profit down 8.6 percent in 2020 as pandemic hammers markets

MANILA, Philippines—The pandemic-induced recession that battered financial markets everywhere led to a drop in life…
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News
April 20, 2021

Life insurance sales grow in 2020 amid pandemic

MANILA, Philippiines—Despite the pandemic-induced recession, life insurers’ sales grew by 5.9 percent to P247.7 billion…
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News
March 2, 2021

Fewer Filipinos covered by micro-insurance; sales down 33.2% in end-Sept 2020

MANILA, Philippines — Even as microinsurance was cheaper than most insurance coverage, sales during the first…
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News
February 1, 2021

Insurers post lower premium income in 2020

MANILA, Philippines — The local insurance industry recorded a lower premium income from January to…
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Events
January 26, 2021

PLIA INDUCTS 2021 COMMITTEE CHAIRPERSONS

PLIA held its virtual induction of 2021 Committee Chairpersons last 26 January 2021. Insurance Commissioner…
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News
December 29, 2020

Insurance premium income dips as pandemic batters businesses

THE local insurance industry’s total premium income slipped in the first six months of 2020…
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News
November 3, 2020

IC withdraws temporary relief given to insurers

MANILA, Philippines — The Insurance Commission has withdrawn the temporary regulatory relief it earlier granted…
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News
October 27, 2020

Proposed cap on insurance firms’ capital needs scrapped

MANILA, Philippines — The government has scrapped a proposal to cap the minimum net worth…
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News
September 25, 2020

Insurance premiums rise 10.5% in Q1

MANILA, Philippines — Insurers generated 10.5 percent more premiums in the first quarter as both…
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