The University of the Philippines men's basketball team and telecommunications company Converge ICT Solutions Inc. have inked a two-season deal as the Maroons began their University Athletic Association of the Philippines (UAAP) Season 84 campaign last Saturday, March 26. Ricci Rivero (UAAP Media...
PhilHealth, PCIC accounting norms monitored By Chino S. Leyco The Insurance Commission (IC) is closely monitoring the compliance of the Philippine Health Insurance Corp. (PhilHealth) and the Philippine Crop Insurance Corp. (PCIC) with the directive of the Department of Finance (DOF) to adopt...
Healthcare benefits and claims rose by 25 percent from October to December last year amid the prolonged pandemic, the Insurance Commission reported on Friday, March 25. In a statement, Insurance Commissioner Dennis B. Funa said health maintenance organizations (HMOs) paid P32.72 billion in benefits...
The Duterte administration has “successfully” completed its three-tranche foreign commercial borrowing on the back of volatile financial markets overseas, the Bureau of the Treasury announced. The Treasury bureau said Tuesday, March 22, that the government raised $2.25 billion, or roughly P118...
The Life Underwriters Association of the Philippines (LUAP) launched its first-ever national awards program for the country’s top life insurance advisors and companies. In partnership with the Insurance Commission (IC), LUAP unveiled the Philippine Life Insurance Agents Awards (PhilLIAA). A...
Senatorial aspirant and human rights lawyer Chel Diokno has urged the government to rescind its Malampaya deal with Udenna Corp. and rechannel the latter's P50-million daily income from the agreement for fuel subsidy. Human rights lawyer Chel Diokno (FACEBOOK / FILE PHOTO / MANILA BULLETIN) Diokno...
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...
Commission on Elections (Comelec) spokesman James Jimenez assured on Friday, March 11 that in the execution of its contract, F2 logistics, a firm said to be controlled by Duterte campaign donor and Davao-based businessman Dennis Uy, will not be without oversight. Comelec/MANILA BULLETIN file photo...
Julia Barretto (Instagram) Actress Julia Barretto turns 25 as she celebrates her birthday today, March 10. Netizens greeted Julia on the social media posts of Gerald Anderson and her father, comedian Dennis Padilla. "This day in 1997 God sent us an Angel â¤ï¸ Happy Birthday Baby," wrote...
Julia Barretto and Dennis Padilla (Instagram) Comedian Dennis Padilla took to Instagram to greet his daughter, actress Juia Barretto on her upcoming birth anniversary. In his first post, Dennis wrote: "Julia... Advance happy bday anak I love you." Then Dennis greeted Julia again in a separate...
The Insurance Commission (IC) has placed another pre-need firm under conservatorship due to trust fund deficiencies, the Department of Finance (DOF) said on Thursday, March 3. In a statement released by the DOF, the IC said the agency ordered Eternal Plans Inc. (EPI) to be placed under...
The Insurance Commission (IC) lauded the state-owned Philippine Crop Insurance Corp. (PCIC) and CARD Pioneer Microinsurance, Inc. (CPMI) for an agreement on agriculture insurance. In a statement, Insurance Commissioner Dennis B. Funa said the co-insurance agreement between PCIC and CPMI would help...