Solo parents who will be displaced from their jobs will get double insurance benefits if a congressman’s proposed measure becomes a law. (Photo by @MONKEYBUSINESSIMAGES/ISTOCK) House Bill No. 2229 will grant laid-off solo parents an involuntary separation payment equal to 100 percent of their...
State-run Government Service Insurance System (GSIS) has released P221 billion in loans to 1.38 million active members and pensioners nationwide since January last year. Rolando Ledesma Macasaet, GSIS president and general manager said on Thursday, June 16, that of the total amount of loans granted...
State-owned Government Service Insurance System (GSIS) now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through Land Bank of the Philippines. In a statement on Monday, Feb. 20, Wick Veloso, GSIS president and general manager,...
State-run Government Service Insurance System (GSIS) warned the public to be vigilant against scammers and fraudsters posing as employees or representatives of the pension fund over the phone or the Internet. Wick Veloso, GSIS president and general manager, said they strongly advise members and...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) Officials of the Philippine Health Insurance Corporation (PhilHealth) reassured the public that its financial standing remains strong and that its actuarial life is "here to stay." There is no limit to the lifespan of the state...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) said it will be reviewing its benefit packages for Covid-19 in line with the country's current coronavirus situation. “PhilHealth will rationalize the current Covid-19...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) The Philippine Health Insurance Corporation (PhilHealth) is set to increase this year its coverage for outpatient hemodialysis to 156 sessions from the current 90 sessions. This is in line with the state health insurer's...
FWD Group Holdings announced the appointment of Antonio “Jumbing” De Rosas as president and chief executive officer of its Philippine unit. De Rosas will lead FWD Life Insurance Corp. (FWD Philippines) effective March 1, 2023, subject to relevant approvals, the Hong Kong-based parent firm said...
Allianz PNB Life starts off 2023 strongly, as it was recently named Life Insurer of the Year by one of Asia’s most prestigious award-giving bodies, the InsuranceAsia News (IAN) Awards for Excellence 2022. Allianz PNB Life has shown substantial growth in various aspects in 2022; the organization...
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...