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Residents urged to create “family disaster plans”
DAVAO CITY (MindaNews / 04 February) — Disaster-resiliency should start from home and residents, particularly those living in landslide and flood-prone areas, must create their own “family disaster plans” to guide them, the director of the Office of the Civil Defense (OC) in the Davao region said. Ednar G. Dayanghirang, OCD-Davao director, said part of “family resiliency” […].....»»
Over 600-K affected by shear line in Davao
Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»
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......»»
Government to boost disaster response with WFP aid
The government is beefing its disaster-response capacity this year as it is set to receive four new emergency vehicles from the United Nations’ World Food Program......»»
‘Environmental disaster’ nag-ung-ong sa jail
‘Environmental disaster’ nag-ung-ong sa jail.....»»
Victorias LGU unveils P55-M disaster response center
Victorias LGU unveils P55-M disaster response center.....»»
TNT averts disaster hands Terrafirma first defeat
No way was TNT letting disaster strike twice in one week......»»
P500K reward offered for arrest Cotabato City disaster unit chief s killers
The mayor here has offered a P500,000 reward for any information leading to the arrest of the killers of the operations chief of the Cotabato City Disaster Risk Reduction and Management Office, who died in an ambush along a busy thoroughfare here last week......»»
Cotabato City LGU disaster response official dies in ambush
Gunmen killed the operations chief of the Cotabato City Disaster Risk Reduction and Management Office in an ambush here on Friday night, an incident that saddened the personnel of different government and private volunteer emergency response contingents he was closely associated with......»»