The Government Service Insurance System (GSIS) vowed seamless services for its members and pensioners amid natural disasters. Wick Veloso, GSIS president and general manager, said that part of the pension fund's ongoing digital transformation efforts is to enhance its disaster recovery and...
Insular Life (InLife) announced that customers of Aboitiz-led Union Bank of the Philippines and UnionBank Financial Services and Insurance Brokerage Inc. (UFSI) may now avail of its critical insurance plan called Resilience. Resilience is a traditional whole-life plan that provides life insurance...
Aivie and her family almost lost all that they had when tropical storm Ondoy unleashed rains of epic proportions on 26 September 2009, submerging their home and everything in it. As soon as the flood waters subsided, they were faced with a very difficult question: how to pick up the pieces and move...
The Government Service Insurance System (GSIS) and the Philippine Government Employees Association (PGEA) have teamed up to boost awareness of the pension programs. This partnership was solidified through the recent signing of a Memorandum of Understanding (MOU) to establish the GSIS-PGEA Education...
The Government Service Insurance System (GSIS) has waived more than P1.6 billion in penalties and interest discounts to support housing borrowers facing financial difficulties. Wick Veloso, GSIS president and general manager, said the debt relief under the pension fund’s housing loan program...
The Government Service Insurance System (GSIS) said it is prepared to offer emergency loans to its affected members and pensioners following the eruption of Mount Kanlaon. But in order to be eligible, GSIS said that members and pensioners who are impacted by the eruption must live in an area...
The Government Service Insurance System (GSIS) has partnered with Sycip, Gorres and Velayo (SGV) and Ernst and Young (EY) to modernize its operations and improve sustainability. Wick Veloso, GSIS president and general manager said their collaboration aims to leverage technology and global best...
The Government Service Insurance System (GSIS) has announced an allocation of more than P4.3 billion in emergency loans to aid members and pensioners in 17 areas affected by El Niño. In a statement, GSIS said that 185,107 active members and old-age and disability pensioners in Negros Oriental,...
The Government Service Insurance System (GSIS) has assured that the introduction of a new digital ID will not affect existing users of Unified Multi-Purpose Identification (UMID) cards and eCards. In a statement on Friday, May 31, the pension fund for government workers clarified that the GSIS...
The Japan International Cooperation Agency (JICA) will support the Government Service Insurance System (GSIS) in expanding the pension fund’s insurance business. In a statement, GSIS announced signing a new technical agreement with JICA as part of the Japanese government's recently launched...
The life insurance industry registered robust growth in premium collections and financial performance in the first three months of the year, the Insurance Commission (IC) reported. Total premiums collected by life insurance companies increased by 12 percent from January to March 2024 to P87.66...
The health maintenance organization (HMO) industry has returned to profitability for the first time in the post-pandemic era, the Insurance Commission (IC) said. In a statement, the IC reported that the HMO sector posted a net income of P6.8 million from January to March 2024, a reversal of the...
