Mapfre Insular Insurance Corp. has changed its name to Oona Insular Insurance Corp. This comes after Mapfre Internacional SA of Spain divested its business interests in Asia last October while The Insular Life Assurance Co., Ltd. (InLife) increased its stake in its non-life insurance business to 40...
The Insurance Commission should consider allowing online shopping platforms to sell insurance products, a policy paper released life insurer Pru Life UK stated. Based on the policy paper called “InsurTech: Driving Broader Insurance Access” authored by law firm Romulo Mabanta Buenaventura Sayoc...
Global financial services provider Manulife has launched a single-pay variable life insurance plan that aims to help Filipinos grow their wealth by investing in an array of funds that fit personal preferences and goals. In a statement on Thursday, Feb. 9, Rahul Hora, Manulife Philippines president...
The country is observing National Health Insurance (NHI) Month this February which underlines the important role of social health insurance in every Filipino's life. MB file photo The Philippine Health Insurance Corporation (PhilHealth), being the administrator of the National Health Insurance...
The Government Service Insurance System (GSIS) posted a record-high P6.8 billion gross premium written (GPW) in its non-life insurance business for last year as more agencies move to secure state-owned assets, making the pension fund the country's largest non-life insurer in the country. In a...
The Department of Science and Technology - Philippine Council for Health Research and Development (DOST-PCHRD) is currently working together with the Philippine Health Insurance Corporation (PhilHealth) for a new insurance package benefiting patients suffering from heart disease. MB file photo In a...
With 271 affirmative votes, the measure mandating full insurance coverage to farmer-beneficiaries of the Comprehensive Agrarian Reform Program (CARP) during natural calamities was passed on third and final reading on Tuesday, Jan. 31. (MANILA BULLETIN) Approved during Tuesday's plenary session was...
Honda SENSING safety system capable of detecting lane markings and other vehicles on the road. Honda Cars Philippines, Inc. (HCPI) is pleased to announce special insurance packages for the all-new BR-V 1.5 VX CVT Honda SENSING available until March 31, 2023. The Honda SENSING Insurance Partnership...
The private sector has urged the institutionalization of crop insurance and increase in agricultural land ownership by Filipinos to 25 hectares to ensure that the agriculture sector is bankable and attractive to investors. Philippine Chamber of Commerce and Industry (PCCI) President George T....
Senator Manuel “Lito” Lapid is now pushing for a bill seeking to provide full crop insurance for qualified agrarian reform beneficiaries of the government’s Comprehensive Agrarian Reform Program (CARP). In filing Senate Bill No. 1766, which seeks to amend Republic Act No. 6657, Lapid said it...
This new investment-linked life insurance fund offers up to 6%potential payout annually Leading life insurer Pru Life UK introduces PRULink Cash Flow Fund Plus, the newest in its suite of expertly-managed investment-linked life insurance funds, that offers high payout target of up to 6% annually or...
Benefits and claims paid by health maintenance organizations (HMOs) rose in the third-quarter last year driving by increasing medical needs of the Filipino people, the Insurance Commission said. In a statement on Thursday, Jan. 19, Insurance Commissioner Dennis B. Funa said health care benefits and...
