Philippines
Philippine’s life sector net income jumps 22% in H1 2024
Total assets also increased by 6.86% YoY.
Pru Life UK nets $85m in new premiums this quarter
It also totalled $400m in premium income for variable life insurance products.
Philippine HMO net income rebounds to $11.2m in H1 2024
Thanks to higher revenues driven by higher membership fees collected.
Philippines’ insurance penetration increases amidst higher premiums end-June
It stood at 1.71%, higher than last year’s 1.63%.
Malayan adjusts portfolio to lower investment risks
The insurer is seen to have a five-year average ROE ratio of 3.8%.
AXA Philippines reveals new CEO, President
His role is effective 1 October.
Igloo expands digital platform to the Philippines amidst low penetration rate
The platform is already available in Vietnam and Indonesia.
Hive Health secures $6.5m in Pre-Series A funding
It aims to expand healthcare access for SMEs in the Philippines.
State-insurer allocates P18.5b for emergency loans in calamity areas
Three in 17 regions were declared calamity areas by tropical storm Carina.
Philippine agri secretary calls for modernisation of crop insurance
It hopes to adopt advanced models used in countries like Japan and Vietnam.
Cebuana Lhuillier Insurance Brokers named Domestic Broker of the Year - Philippines at Insurance Asia Awards 2024
The Philippines' leading insurance firm has been recognised for its impactful initiatives aimed at democratising insurance access across all socioeconomic classes.
Asian Banking & Finance and Insurance Asia Forum 2024 arrives in Manila this October
Join us as we chart the course for a resilient, innovative, and thriving future in the financial sector.
PGA Sompo Insurance Corporation lands two wins at Insurance Asia Awards 2024
It has sought out strategic partnerships to bridge the accessibility of insurance products in the Philippines.
Nat Re posts record profits in 45th year
It saw its net profits surge 862% to $9m.
8 in 10 Filipinos seek more insurance amidst rising costs
Out-of-pocket health expenses reached $9b in 2022.
FWD Philippines targets gamer insurance gaps
The country’s gaming community increased by 14.3% from 2020 to 2023.
FWD’s new agency programme aims to expand advisor skills
The programme focuses on three pillars.
Thought Leadership Centre
Resource Center
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Insurers need cultural overhaul in digital push
![Insurers need cultural overhaul in digital push]()
Digitalisation seeks to simplify processes, not complicate things.
Digitalisation seeks to simplify processes, not complicate things.
