State-run Government Service Insurance System (GSIS) has made it mandatory for all government agencies to join its program which offers increased credit limits, extended repayment periods, and simplified application requirements. This directive was issued through GSIS Memorandum Circular No. 048,...
The Government Service Insurance System (GSIS) assured that it will not be standing in the way of the planned voluntary delisting of Metro Pacific Investments Corporation (MPIC) as it intends to remain a shareholder of the conglomerate even if it is delisted. In a disclosure, MPIC said it was...
Instead of preparing to divest its stake in Metro Pacific Investments Corporation (MPIC), the Government Service Insurance System (GSIS) has been buying more shares to increase its stake in the conglomerate—enough to derail the management-led tender offer and delisting plan. In a disclosure to...
The Philippine Health Insurance Corporation (PhilHealth) reminded the public anew regarding its coverage for dengue and leptospirosis given its prevalence during the rainy season. MB file photo PhilHealth made the statement after the Department of Health (DOH) reported more than 80,000 cases...
From left: Anthony Louis Guanzon, Chief Marketing Officer; Eden R. Tesoro, SVP & Chief Underwriting Officer, Chairperson, PIRA; and John Andrew Guevarra, Head of Local Marketing & Corporate Communications. The price of premiums for non-life insurance products have been inching upwards...
Small-scale mining is a lucrative business but is, unfortunately, also a very risky occupation. In the Philippines, small-scale and pocket mining is practiced in more than 30 provinces, employs up to 500,000 miners, and supports the livelihood of another two million people across the nation. * The...
Pioneer Group Head Lorenzo Chan Jr., PSC Commissioner Bong Coo, Pioneer Insurance President and CEO Atty. Betty Medialdea with some of the winners at the 32nd SEA Games. Pioneer has doubled the insurance cover of our SEA Games medalists. In a heartfelt tribute to the 32nd Southeast Asian...
The Philippine Health Insurance Corporation (PhilHealth) has named Dr. Albert Domingo as its new spokesperson, effective Monday, July 3. Photo courtesy of Dr. Albert Domingo Domingo is PhilHealth's vice president, responsible for supervising its primary care policy. He also serves as the head...
The Philippine Health Insurance Corporation (PhilHealth) announced that it has expanded its coverage for patients with Chronic Kidney Disease stage 5 increasing hemodialysis sessions to 156 from the former 90 per year. In a public hearing, Philhealth Acting Vice President of Corporate...
The government and the insurance sector are working on achieving a balance in the pricing of insurance to ensure resilience and sustainability of businesses as new risks have pushed insurance cost in the country to among one of the highest in the region. Paulo Garcia, CEO at Marsh McLennan...
BDO Life president and chief executive Renato A. Vergel de Dios. As more and more Filipinos recognize the value of acquiring life insurance protection, BDO Unibank expects bancassurance to remain a steady contributor to its overall business. Bancassurance refers to selling life insurance...
AGRI Party-list Rep. Wilbert T. Lee (Rep. Lee's office) The spate of fatal and at times gruesome vehicular accidents in the country has pushed AGRI Party-list Rep. Wilbert T. Lee to highlight the call for an increase in the Compulsory Third Party Liability Insurance (CTPLI) for commercial vehicles....
