Philippines

Philippine ombudsman junks raps vs Philhealth officials

It found insufficient evidence that the officials conspired against several Philhealth employees.

Philippine ombudsman junks raps vs Philhealth officials

It found insufficient evidence that the officials conspired against several Philhealth employees.

Philippine congress passes mandatory environmental insurance coverage bill

It will require project owners and operators to compensate environmental damages.

Philippine insurers shell out $80.93m in 2020 COVID-19 claims

Almost $25.4m (PHP1.22b) comprised death benefits.

Sun Life is 2020's top Philippine life insurer

It netted a $175m net income and $811m premium income.

Philippine senator seeks to include HMOs in insurance code

He also wants the Insurance Commission to be placed under the central bank.

Philippine non-life insurers must apply new catastrophe rates by April 2022

The cession of facility rates will be based on a maximum limit per risk.

Qoala acquires Thai insurtech FairDee

This move expands Qoala's reach in Southeast Asia.

Philippine non-life insurers stable but pitfalls remain: report

The sector had one of the highest five-year compound growth rates before COVID-19.

Philippines to launch catastrophe insurance facility in Q1

It will allow insurers to take in more catastrophe risks.

Igloo, Akulaku, UnionBank launch microinsurance in the Philippines

PA products will be available on UnionBank's and Akulaku's platforms.

Philippines issues rules on insurtechs' adoption of regulatory sandbox

All entities must gain the approval from the regulator.

Why you shouldn't miss the inaugural Insurance Asia Forum 2020

Hear from the region’s top insurance execs on how to stay ahead of changing industry trends.

Philippine life insurance premiums jumped 20.4% to $3.32b in 9M2018

Premiums from variable life insurance products hit $2.48b.

Philippine insurtech startup Saphron clinches $1m seed funding

It will optimise AI and real-time data analytics for customer service.