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Family of Beach Boys founder Brian Wilson seeks conservatorship
The family of Beach Boys founder Brian Wilson have asked a court to put him under a conservatorship as he struggles with a neurocognitive issue and requires help with daily life following his wife's recent death......»»
DBM releases P900 million crop insurance funding
To cover the crop insurance premium of subsistence farmers and fisherfolk in the country, the Department of Budget and Management has released P4.5 billion and its corresponding Notice of Cash Allocation for the 1st Quarter of the year in the amount of P900 million to the Philippine Crop Insurance Corp......»»
Clark Aurora Festival partners with FWD to provide insurance to attendees
Aurora Music Festival Clark 2024 announced that FWD Life Insurance as its official partner providing insurance to its attendees......»»
PDIC settles P614 million in deposit insurance claims
State-run Philippine Deposit Insurance Corp. has settled P614 million in deposit insurance covering 15,796 accounts from padlock banks in 2023......»»
Insurance commission OKs doubling of vehicular accident indemnity claims
The Insurance Commission has doubled the indemnity claims for vehicular accident victims as part of government efforts to improve overall insurance coverage in the country......»»
GSIS non-life insurance premiums hit record high P9.8 billion in 2023
State-run pension fund Government Service Insurance System saw its collection of non-life insurance premiums rise to an all-time high of P9.8 billion in 2023......»»
Why Insurance is Gonna be a Lifesaver for You
Ever stopped to think about how you’d handle life’s unexpected twists – health scares, accidents, or sudden home hassles? Well, that’s where insurance swoops in – your trusty sidekick for keeping your money secure. 1. Financial Safety Blanket Life can throw curveballs, right? Well, insurance is like wrapping yourself in a snug blanket. It’s there […].....»»
NGCP ‘hopeful’ TRO lifted for vital power line
The National Grid Corp. of the Philippines is optimistic that a court order stalling the completion of a critical power line in Central Luzon will be lifted soon......»»
SP New Energy suspension lifted after Solar Philippines donates another 220 million SPNEC shares
The PSE lifted the suspension that had affected SP New Energy shares since January 26 after SPNEC said that Solar Philippines Power Project Holdings Inc. had donated 220 million SPNEC shares to Asia Pacific Institute for Green Development on January 24, and that the donation had increased SPNEC’s public float [link] back above the 20% minimum threshold for active trading......»»
Suspension lifted for Philippine tennis body
After three years in limbo, the Philippine Tennis Association is back in the good graces of the International Tennis Federation after the world-governing tennis body lifted the latter’s suspension......»»
World Bank pushes new agri insurance products
The Philippines needs to come up with new and better agricultural insurance products to help farmers cope with natural disasters, according to the World Bank......»»
DBM releases P4.5 billion for crop insurance
The Department of Budget and Management has released P4.5 billion to cover the crop insurance premium of some 2.3 million farmers in the country......»»
Sun Life reigns as top insurance company for 13th year in a row
This milestone comes on the heels of Sun Life’s 129th anniversary, making it the first and longest-standing life insurance company in the Philippines......»»
Toral: Add cyber insurance on your digital shield
Toral: Add cyber insurance on your digital shield.....»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Books, greens & unfinished business
I recently had lunch with very busy insurance executives and since the topic was about insurance, I raised the question on how prepared were they for retirement or even semi-retirement. Of course, NO ONE, not a single one, had really entertained the thought or been working on the inevitable......»»
Philippines upper middle-income status seen to boost insurance penetration
Higher insurance penetration hinges on the country’s ability to reach upper middle-income status as Filipinos’ disposable income remains limited amid the high cost of basic goods and services......»»
Insurance complaints rise in 2023
Insurance complaints rose by nearly eight percent to 5,400 last year, largely coming from mutual benefit associations and health maintenance organizations......»»
Recto backs insurance for OFWs
The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»
Microinsurance premiums up 20 percent
Insurance contributions from low-income Filipinos amounted to P10.2 billion from January to September 2023, up by nearly 20 percent from P8.49 billion in the same period a year ago, according to the Insurance Commission......»»