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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......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

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......»»

Category: entertainmentSource:  philstarRelated NewsMar 7th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

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 […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 7th, 2024

IC collects over P500 million fees in 2023

The government collected more than P500 million in registration and supervision fees from insurance firms last year......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Agdao Public Market vendors want variety and vegetable sections merged

DAVAO CITY (MindaNews / 24 March) – Vendors of Agdao Public Market here are asking the city government to merge the Variety and Vegetable Sections into one section claiming they have difficulties in getting customers because of their location. In a letter addressed to Mayor Sebastian Duterte, the City Administrator’s Office, the City Economic Enterprise […].....»»

Category: sportsSource:  abscbnRelated NewsMar 26th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

BDO to merge with subsidiary that owns Podium Mall

BDO announced that its board of directors approved a merger between BDO and SM Keppel Land, with BDO as the surviving entity......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

BDO Life clients can now access their insurance policies online

BDO Life clients can now access their insurance policies online.....»»

Category: newsSource:  sunstarRelated News13 hr. 33 min. ago

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......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

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......»»

Category: newsSource:  bulatlatRelated NewsApr 8th, 2024

Toral: Add cyber insurance on your digital shield

Toral: Add cyber insurance on your digital shield.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024