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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

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

Official statement of Aksyon Klima Pilipinas on the 10th anniversary of super-typhoon Yolanda

Parties at the 2023 UN climate negotiations in Dubai, United Arab Emirates must set up a L and D Fund and associated funding arrangements that is aligned with the imperative of preventing even more peoples and ecosystems from experiencing extreme climate change impacts......»»

Category: newsSource:  inquirerRelated NewsApr 8th, 2024

EDITORIAL - Cleaning up

Across the country, clean-up drives are conducted by different national and local government agencies, often during special days related to the environment, or after a powerful typhoon sends ashore tons of garbage......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

BDO Life clients can now access their insurance policies online

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

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

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

Toral: Add cyber insurance on your digital shield

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

Category: newsSource:  sunstarRelated NewsApr 4th, 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

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......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Mendiola massacre victims honored by continuing demands for peace talks, genuine agrarian reform

“Our commitment to lasting peace never ended. For the martyrs of Mendiola, we continue to assert peace talks [in different administrations] together with the KMP, and we acknowledge the recent breakthroughs in the Oslo Joint Statement, a sign for the resumption of peace talks." The post Mendiola massacre victims honored by continuing demands for peace talks, genuine agrarian reform appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 25th, 2024

‘Congress can provide funding for SHS vouchers for SUCs’

An opposition legislator yesterday offered a solution to the Commission on Higher Education problem regarding the discontinuation of vouchers for senior high school students, saying that Congress can still provide funding if needed......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2024

IC plans to increase CMVLI coverage to P200,000

The government plans to increase the indemnity claims of vehicular accident victims amid the need to improve overall insurance coverage in the country......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

US to provide P70M, logistics support for disaster response in Mindanao

US to provide P70M, logistics support for disaster response in Mindanao.....»»

Category: newsSource:  sunstarRelated NewsFeb 13th, 2024

U.S. to provide P70M, logistics support for disaster response in Mindanao

U.S. to provide P70M, logistics support for disaster response in Mindanao.....»»

Category: newsSource:  sunstarRelated NewsFeb 12th, 2024

Speaking up for survivors of human trafficking: Victoria Nyanjura s story

The UN Trust Fund for Victims of Human Trafficking (UNVTF) provides humanitarian, legal and financial aid to victims of trafficking in persons through the awarding of grants to civil society organizations. Victoria Nyanjura was recently elected as Chair of the UNVTF and is the first-ever survivor of human traffi.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

Rebuilding dreams: Permanent homes for Lapu fire victims

Rebuilding dreams: Permanent homes for Lapu fire victims.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Search for landslide victims in Davao de Oro ends

DAVAO CITY (MindaNews/23 February) – The local government of Maco, Davao de Oro has ended the search and retrieval operations for the victims of the landslide that hit Barangay Masara, Maco last Feb. 6. Maco Mayor Arthur Carlos Voltaire Rimando issued Thursday Executive Order No. 17 series of 2024 halting on Thursday night the operations […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024