Monday, May 18, 2026
Today's Print

Tag: Insurance Commission

Philippine insurance premiums expanded 13.25% in third quarter

The Philippine insurance industry saw a 13.25-percent increase in total premiums collected in the third quarter of 2025 on the back of higher sales...

Intellicare booked P503 million in second-quarter net income

Health maintenance organization (HMO) Intellicare maintained its position at the forefront of the Philippine healthcare management sector, reporting a net income of P503 million...

DPWH, Insurance Commission vow to recover bonds on flawed projects

The Department of Public Works and Highways (DPWH) will pursue performance bonds and insurance claims from contractors involved in "ghost" and substandard projects, DPWH...

PH insurance penetration improved to 1.79% in second quarter—IC

Insurance penetration in the Philippines improved from 1.71 percent to 1.79 percent in the second quarter of 2025 on increased premium collections, the Insurance...

DOF asks insurance body to empower more Filipinos

Finance Secretary Ralph Recto asked the Insurance Commission (IC) to elevate its role beyond regulation and become a “relentless guardian of the Filipino dream.” “This...

Pru Life UK top life insurer in terms of NBAPE

Pru Life UK said Tuesday it led the Philippine life insurance industry, achieving the highest new business annual premium equivalent (NBAPE) of P9.8 billion...

HMOs rebounded to post P979-m net income in 2024

The Insurance Commission said the health maintenance organization (HMO) sector rebounded to register a net income in 2024 from a net loss a year...

Pru Life UK gets first Islamic insurance license to serve 7m Muslim Filipinos

Pru Life UK said Tuesday it received the country’s first Takaful (Islamic insurance) license from the Insurance Commission. “Filling in the long-standing gap for Shari’ah-compliant...

IC asked to ensure steady growth of insurance sector

The Department of Finance (DOF) asked the Insurance Commission (IC) to take a proactive and innovative approach to ensure the insurance sector’s continued growth...

Life insurance premium growth to help lift PH economy in 2024

An executive of BDO Life Assurance Company Inc. said Thursday the steady growth in new life insurance premiums is a boon to the Philippine...

Insular Life jumps to 5th place in NBAPE

Insular Life (InLife) improved its sales performance, jumping from 7th place at the end of the first quarter of 2023 to fifth place at...

Insurance density, penetration remain low in the Philippines

Digitalization and financial literacy programs will play key roles to increasing the contribution of the insurance sector to the economy, Insurance Commissioner Reynaldo Regalado...

COVID-related insurance payouts declined to P1.53b in second half of 2022

Insurance companies and health maintenance organizations paid out P1.53 billion in COVID-related claims in the second half of 2022, down from P7.65 billion a...

Micro-insurance firms post double-digit growth in premiums

Total premiums collected by micro-insurance companies posted a double-digit growth in 2022 on increased public awareness of the need for affordable insurance products. Latest data...
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