The Government Service Insurance System (GSIS) has improved its financial benefits for its members and pensioners, propelled by robust financial growth last year. Wick Veloso, GSIS president and general manager, said the pension fund is giving back the financial success to its members and...
Malayan Insurance Co. Inc., the country’s leading non-life insurance company and a member of the Yuchengco Group, has teamed up with Atradius to offer trade credit insurance to local and international commercial businesses. During a media briefing, Malayan Insurance President Paolo Y. Abaya said...
The Philippine Stock Exchange (PSE) has given the greenlight for the listing of the P1.45 billion worth of shares subscription that state-run Government Service Insurance System (GSIS) had exercised for the 100 million preferred shares of renewable energy firm Alternergy Holdings Corporation. The...
Financial woes of health maintenance organizations (HMOs) in the country deepened last year amid surging benefits and claims, the Insurance Commission (IC) reported. According to the IC, the HMO industry reported a net loss of P4.27 billion over the period of January to December 2023, nearly...
Government Service Insurance System (GSIS) borrowers who have an e-wallet account in Maya can now easily make loan payments. In a statement, Wick Veloso, GSIS president and general manager, said that Maya, formerly PayMaya, is now one of the online payment options within the mobile app, GSIS Touch....
The Philippine Health Insurance Corporation (PhilHealth) said they can now entertain round-the-clock calls at its new hotline (02) 8662-2588 and mobile numbers 0998-8572957, 0968-8654670, 0917-1275987 and 0917-1109812. PhilHealth PhilHealth said the contact numbers are all available “24...
The Philippine Health Insurance Corporation (PhilHealth) approved an increase in the capitation rate for its “Konsulta” program to P1,700 per patient per year, the Department of Health (DOH) confirmed in a statement on Thursday, March 14. Photo from PhilHealth The PhilHealth board also approved...
The Insurance Commission (IC) announced that car owners can now claim twice the benefits in their mandatory motor insurance without any increase in premiums. In a statement on Tuesday, March 12, IC said that the regulator has updated the compulsory motor vehicle liability insurance (CMVLI) scheme...
Department of Health (DOH) Secretary Teodoro Herbosa on Tuesday, March 12 issued a directive to the Philippine Health Insurance Corporation (PhilHealth) to bolster the primary care benefits offered through its “Konsulta” benefit package across the country. (Photo from DOH) In line with...
Government Service Insurance System (GSIS) members and pensioners affected by the recent African Swine Fever (AFS) in Oriental Mindoro can now avail of an emergency loan. In a statement on Friday, March 8, GSIS said that the pension fund opened its emergency loan window valued at P428 million,...
FWD Life Insurance (FWD Philippines) has urged Filipinos to include insurance protection among their priorities and part of plans in building a better future. Roche Vandenberghe, FWD Philippines Chief Marketing and Digital Business Officer, stressed this as the company launched a new video campaign...
The Government Service Insurance System (GSIS) plans to secure new investment opportunities as part of its efforts to diversify and enhance long-term profitability. Wick Veloso, GSIS president and general manager said the fund has intensified its focus on alternative investments, including private...
