30,000 doctors and 1,600 accredited hospitals and clinics all in one roof Etiqa Philippines, a leading ASEAN insurer, simplifies the selection process for individuals and corporate decision-makers by integrating life, health, and non-life in one unified approach. A unified insurance approach can be...
The Government Service Insurance System (GSIS) on Tuesday, Oct. 19, urged government agencies to pay unremitted premium contributions to avail of penalty condonation. GSIS (Facebook) "We encourage government agencies to enter into a memorandum of agreement (MOA) with GSIS to assist you in settling...
State-owned Government Service Insurance System (GSIS) is urging government agencies to pay unremitted premium contributions to avail of penalty condonation. In a statement, Rolando Macasaet, GSIS president and general manager said on Tuesday, Oct. 19, said that government agencies are encouraged...
They also won awards the past year Celebrating its 25th anniversary in the middle of the pandemic is a milestone indeed. According to Insurance Commission, Pru Life UK has been awarded as number one in ranking in terms of New Business Annual Premium (NBAPE) for 2020. To add, it is the only company...
The Department of Finance (DOF) has asked the management of the state-run Philippine Crop Insurance Corp. (PCIC) to submit the detailed financial status and computation of its contingent liabilities. PCIC Chairman Carlos Dominguez In a statement, Finance Secretary Carlos G. Dominguez III said he...
State-run Philippine Crop Insurance Corp. (PCIC) is at risk of suffering heavy losses once major catastrophic events occur, which would eventually be shouldered by the taxpayers, an in-depth analysis by the Insurance Commission (IC) revealed. According to the IC analysis released by the Department...
Amid some indications that the coronavirus is here to stay, the Insular Life (InLife) assured that the company has the financial strength to meet its obligations to policyholders. In an online briefing, Raoul E. Littaua, InLife president and chief executive officer said on Tuesday, Sept. 28, that...
The Federation of Free Farmers (FFF) said the money that goes to Philippine Crop Insurance Corporation (PCIC) are government contributions to the premiums for crop insurance policies issued to farmers and not subsidies. 35199 FFF issued this clarification on efforts to to debunk claims that the...
Despite difficulties in raising revenues amid the pandemic, the national government opted to increase the amount of subsidy it extended to state-owned corporations due to mounting health insurance claims. Data from the Bureau of the Treasury revealed that the financial support extended to...
Sun Life of Canada (Philippines), Inc. (SLOCPI) has collaborated with two e-wallet platforms to make digital insurance products more accessible to the public. Sun Life In a statement, Alex Narciso, SLOCPI president said on Friday, Sept. 24, that the company has partnered with GCash and ePera to...
Igloo Philippines’ leading e-wallet provider GCash, has launched an online shopping insurance - underwritten by PGA Sompo - with Singapore-headquartered regional insurtech Igloo , to protect its growing online customer base. This launch and partnership come at a time where GCash has seen a surge...
The health maintenance organizations’ (HMO) net income nearly doubled in the first three months of the year owing to lower benefit and claim payments, the Insurance Commission (IC) said. Based on the preliminary financial statements submitted to the IC, HMOs reported that the industry’s...
