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Manila Bulletin

DOF: COVID insurance claims hit P16.7 B
Insurance claims related to the pandemic reached P16.71 billion in the past two years, with life coverages accounting for more than half of the payouts, the Department of Finance (DOF) said. In a report to Finance Secretary Carlos G. Dominguez III, the Insurance Commission said 23 percent or P3.89...
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Typhoon Odette-related insurance claims hastened
The Insurance Commission (IC) has ordered the immediate processing of claims related to Typhoon Odette. Under Circular Letter No. 2021-71, the IC directed insurers to adopt and implement claims management policies that will facilitate immediate processing of insurance, reinsurance, mutual benefit...
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