Pru Life UK continued its reign as the leading life insurer in the country in the third quarter of the year, driven by strong sales and premium income, data from the Insurance Commission (IC) showed. IC report showed that Pru Life UK achieved a total new business annual premium equivalent (NBAPE)...
The Department of Health (DOH) on Friday, Nov. 15, announced that the Benefits Committee (BenCom) of the Philippine Health Insurance Corporation (PhilHealth) has recommended to the Board en banc enhanced benefit packages for heart attacks, ten rare diseases, preventive oral health services in...
Pru Life UK launched the country’s first Islamic insurance lto provide financial inclusivity to many Muslim Filipinos and support the government’s goals to develop Islamic financing. Takaful, which means joint guarantee, is a Shari’ah-compliant insurance recently approved by the Insurance...
The Government Service Insurance System (GSIS) has launched its new Multi-Purpose Loan (MPL) Lite program, designed to provide members with quick and accessible financing for unexpected expenses or temporary budget shortfalls. In a statement, the GSIS said the MPL Lite offers loans ranging from...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Mark Balmores/MANILA BULLETIN) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. is urging the...
State-owned Government Service Insurance System (GSIS) said it is closely monitoring typhoon-hit regions and will immediately offer loans to eligible members and pensioners once an area is declared under state of calamity. “GSIS is monitoring other areas in the Bicol Region, CALABARZON, MIMAROPA,...
Bicol Saro Party-list Rep. Brian Raymund Yamsuan (Yamsuan's Facebook) Bicol Saro Party-list Rep. Brian Raymund Yamsuan is proposing a measure in the House of Representatives that seeks to institutionalize a standard health...
A new transportation hub, set to rival the scale of the Parañaque Integrated Terminal Exchange (PITX), is in the works in Quezon City, the Government Service Insurance System (GSIS) announced. In a statement, the pension fund said on Monday, Oct. 21, that four government agencies have joined...
State-owned Government Service Insurance System (GSIS) has allocated a near P3 billion in emergency loans to aid its members and pensioners in regions affected by recent calamities. In a statement, the pension fund for government workers said over P2.8 billion has been earmarked for...
Former Alaminos, Pangasinan mayor and Agrarian Reform secretary Hernani Braganza is attempting to make a political comeback as the first nominee of the Aksyon Dapat Party-list. Braganza, who was a former peace negotiator under four different presidents, said that their initial plan was to create a...
The Government Service Insurance System (GSIS) has earmarked nearly P158 million in emergency loans to support members and pensioners affected by recent typhoons. The pension fund for government workers said in a statement that this initiative aims to assist 5,777 active members and...
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,...
