The Philippine Stock Exchange (PSE) announced that AIA Philippines Life and General Insurance Company Inc. has agreed to sell its four percent stake in Philippine Dealing System Holdings Corporation (PDHSC). In a disclosure, the PSE said AIA is selling its 250,000 PDHSC shares for P150 million, or...
Carlo L. Katigbak, president and chief executive officer (CEO) of ABS-CBN Corp., has joined the board of life insurance firm AIA Philippines. In a statement, AIA Philippines announced Katigbak's appointment as an independent director for the insurer, previously known as Philam Life, "bringing 30...
AIA Philippines (formerly Philam Life) has always been a steadfast advocate of healthy living. Through the years, the company has embodied this commitment through its AIA Vitality program, and by championing activities that promote total wellness, such as webinars on mental wellness and...
Through the various stages of anyone’s life, people will find their needs and priorities evolving. Young professionals will begin building a foundation of protection for themselves. Newly minted heads of households will look for solutions to safeguard their families' well-being, while the...
Even with the pandemic behind us, much of the uncertainty remains for most Filipinos. Because of this, more and more are saving up for the long run. According to the AIA Household Savings Behaviour Study conducted in 2021, 72 percent of Filipinos claim that their primary motivation for saving up is...
The Philippine Competition Commission (PCC) has approved the proposed acquisition by AIA Philippines Life and General Insurance Company Inc. (AIA Philippines) of 100 percent shares in MediCard Philippines Inc. (MediCard) stating the merger will not diminish market competition in the sector. In a...
Modern problems require modern solutions, which is why AIA Philippines constantly evolves to address the needs of its customers. As a testament to its commitment to unceasingly improve its services, AIA Philippines innovates and develops solutions to bring ease and convenience to the ecosystems it...
The future is uncertain, and one must be prepared for anything. To make protection more inclusive, the country’s premier life insurance company, AIA Philippines, allows customers to enlist their same-sex partners as beneficiaries, as aligned with the Insurance Commission’s position on the...
The Insurance Commission (IC) has issued a new license to AIA Philippines Life and General Insurance Co., Inc. following its merger with Philam Equitable Life Assurance Co., Inc. (PELAC). In a statement, Insurance Commissioner Dennis B. Funa said on Thursday, April 28, that the IC needed to issue a...
AIA Philippines and its bancassurance arm BPI AIA are expecting stronger growth this year on the back of improved economic environment amid easing quarantine restrictions. After posting solid results last year, Kelvin Ang, AIA Philippines chief executive officer, said that the successful rollout of...
AIA Philippines, formerly AIA Philam Life, is seeking thousands of its policyholders and beneficiaries who have yet to claim their benefits ranging from policy maturities, reinstatements, claims, redemptions, and even refunds. In a statement, AIA Philippines said on Tuesday, March 8, that there are...
The extreme challenges posed by the pandemic and its economic fallout over the past two years have fueled Filipinos’ interest in insurance as shown by the 27 percent jump in spending allocation for insurance premiums in 2021, a study by the Hong Kong-based insurer AIA Group revealed. Based on the...