Philippines
FWD Philippines targets gamer insurance gaps
																		
						
The country’s gaming community increased by 14.3% from 2020 to 2023.
					
								
			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.
						
					
					
				Igloo partners with Philippine teleco-giant Smart
																					
							
It offers plans for as low as $2.13.
						
					
					
				Philippines’ state insurer collaborates with JICA
																					
							
The Technical Cooperation Project hopes to boost GSIS’ underwriting capabilities.
						
					
					
				Philippines’ non-life sector resurfaces to ‘stable’ outlook: AM Best
																					
							
Higher domestic interest rates are expected to accelerate investment yields.
						
					
					
				Philippine HMOs see 17.3% surge in healthcare payouts
																					
							
This was equivalent to $255.9m in healthcare benefits.
						
					
					
				Philippines receives over 13,000 claims from local planholders
																					
							
More than 5,000 claims were personally filed by planholders.
						
					
					
				Triple P Capital acquires 85% stake in MAAGAP
																					
							
The investing group aims to boost its presence in the Philippines.
						
					
					
				Philippines' microinsurance premiums jump to $240m in 2023
																					
							
The year saw 56.62 million Filipinos covered under microinsurance policies.
						
					
					
				New Pru Life CEO commits to financial literacy in the Philippines
																					
							
The CEO met with Insurance Commissioner Atty. Regalado.
						
					
					
				Philippines’ state insurer scores 21% YoY profit in Q1’24
																					
							
Total assets jumped 10% YoY to $30b.
						
					
					
				Philippines’ IC teams with IBP on free legal aid for claims
																					
							
Last year the commission addressed 5,417 informal complaints.
						
					
					
				FWD Life Insurance ranks among the top insurers in the Philippines
																					
							
It accumulated a total of $81m in NBAPE.
						
					
					
				FWD Philippines, Moneymax partner for insurance access
																					
							
The platform will include FWD’s offerings for critical illness, accidental death, and lifetime protection.
						
					
					
				Philippines doubles third-party liability insurance coverage
																					
							
The insurer will also cover other incidental expenses not included in bodily injury or death indemnities.
						
					
					
				How Singlife plans to magnify the Philippines’ insurance penetration through GCash
																					
							
Experts cite the country’s economic exposure to climate change over all other nations.
						
					
					
				Philippines’ pre-need industry premiums surge 7.3% YoY in 2023
																					
							
The industry witnessed a 385% rise in net income.
						
					
					
				 
							 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                