Tag page - insurance premium

Cyber insurance opportunities abound in the Philippines and its neighboring countries where protection is still low, according to global reinsurance broker Gallagher Re. "The greenfield opportunity is particularly large for markets we identify as 'up-and-comers', like Thailand, Malaysia, Vietnam,...

Starting at just P145 per year, Filipinos can now have their hospital bills covered for the top three critical illnesses with the introduction of Oona Philippines' new insurance product. The Critical Illness Insurance was designed to provide affordable coverage for three major health threats:...

The insurance premiums of the state-run Government Service Insurance System (GSIS) jumped to 12 percent in the first quarter of 2024. The GSIS reported on Thursday, May 2, that their collected insurance premiums garnered P2.98 billion from January to March this year, which is higher than P2.65...

As the Philippines grapples with increasing healthcare costs, the government is gearing up to conduct a morbidity study aimed at determining reasonable premium rates for insurance companies. The Insurance Commission (IC) and the Actuarial Society of the Philippines (ASP) have joined forces to...

The Insurance Commission must suspend the implementation of its Circular Letter No. 2022-34, which seeks to increase the insurance premium rates on catastrophes such as typhoons, floods and earthquakes. (Bernard Hermant/ Unsplash) AGRI Party-list Rep. Wilbert T. Lee reiterated this call Sunday,...