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Unless stopped by Palace, PhilHealth premium hike proceeds
The Philippine Health Insurance Corp. has started implementing the increase in premium contributions this month, in the absence of an order from Malacañang stopping the hike......»»
Agencies work to include eggs in relief packs
The Department of Agriculture is eyeing a collaboration with the Department of Social Welfare and Development (DSWD) to include eggs in its disaster relief packs as a way of helping producers and promoting nutrition, a ranking DA official revealed......»»
MVP, Ang agree to include assets in Indonesia in tollways merger
Businessmen Manuel V. Pangilinan and Ramon Ang have agreed to include the Indonesian projects of Metro Pacific Tollways Corp. in their planned mega-tollways merger......»»
GSIS non-life insurance premiums hit P3 billion in Q1
State-run pension fund Government Service Insurance System (GSIS) hiked its collection of non-life insurance premiums to P3 billion in the first quarter as more agencies move to secure their assets from eventualities......»»
BDO Life clients can now access their insurance policies online
BDO Life clients can now access their insurance policies online.....»»
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......»»
OceanaGold PH addresses legal concern ahead of IPO offer period
OceanaGold PH [OGP 13.33 pre-IPO] [link] was forced to make an unusual clarification last week after news dropped that the Legal Rights and Natural Resources Center (LRC) filed a petition to cancel OGP’s Financial or Technical Assistance Agreement (FTAA), under the theory that the renewal of OGP’s FTAA unfairly excluded local stakeholders and communities from the consultation process......»»
Dumaguete diocese asks Marcos to veto Negros Island Region bill
The Diocese of Dumaguete urged President Ferdinand Marcos Jr. to veto a bill that would create an administrative region comprising Negros Occidental, Negros Oriental and Siquijor, citing the lack of consultation with stakeholders......»»
Philippines, China agree on improved maritime communications, ‘calm’ approach
The DFA said that Filipino and Chinese diplomats had “frank and productive discussions” to de-escalate the situation in the strategically and economically important waterway during a bilateral consultation on the South China Sea. .....»»
DCPO urges city gov to file raps vs condo
THE Davao City Police Office (DCPO) urges the city government to file charges against a condominium where a couple was murdered on April 21, 2024, due to the absence of CCTVs inside the establishment......»»
PSA urges Negrense consumers to prioritize basic household needs
PSA urges Negrense consumers to prioritize basic household needs.....»»