Wednesday, May 20, 2026
Today's Print

Tag: Insurance Commission

New IC commissioner

Senior leaders of the National Reinsurance Corporation of the Philippines pay a courtesy visit to newly appointed Insurance Commissioner Reynaldo Regalado (fourth from left)...

‘Rise in minimum catastrophe insurance rates will incentivize cartels’

Agri party-list Rep. Wilbert Lee said the move of the Insurance Commission to increase the minimum catastrophe insurance rates is an anti-competitive policy that...

IC asked to junk disaster premium rate hike order

The Insurance Commission was urged Friday to scrap the implementation of its IC Circular Letter No. 2022-34 which seeks to increase the minimum catastrophe...

Insurance body asked to protect the public

Finance Secretary Benjamin Diokno asked the Insurance Commission to explore new initiatives to promote trust and transparency in financial products and encourage the public...

Insurance body orders closure of 2 companies

The Insurance Commission said over the weekend it issued cease-and-desist orders against two companies for allegedly conducting unlicensed business activities. The commission affirmed the orders...

Solon lauds IC move to hold hike in catastrophe insurance premium

Agri party-list Rep. Wilbert T. Lee on Saturday welcomed a decision of the Insurance Commission (IC) to suspend the increase of insurance premium rates...

Solon to IC: Explain increase in minimum insurance premium

A party-list legislator has appealed to the Insurance Commission (IC) to answer issues surrounding the agency’s abrupt and unreasonable increase on the minimum insurance...

Solon seeks inquiry on ‘abrupt’ increase in catastrophe insurance premiums

A party-list legislator on Monday sought a congressional inquiry into the “impending abrupt and unreasonable” increase of catastrophe (typhoon, flood, earthquake, among others) insurance...

Gokongwei-backed insurance firm gets IC nod

The Insurance Commission said Thursday it approved the application of the Gokongwei family’s JE Holdings Inc., Pin-An Holdings Corp. and Maxicare Health Corp. to...

PCIC now under supervision of IC

Finance Secretary Carlos Dominguez III has placed Philippine Crop Insurance Corp. (PCIC) under the supervision of the Insurance Commission (IC) to empower the latter...

Reasons why we need to get health insurance

The pandemic has made us all rethink the many choices we need to make in life. We all have different priorities in life, but...

Pandemic-related insurance claims reached P16.71b in two years

Insurance claims related to COVID-19 reached P16.71 billion between 2020 and 2021, with life insurance policies accounting for over half or around P9.05 billion...

COVID-19 insurance claims hit P16.7 billion in ‘20-’21, per IC

Insurance claims related to COVID-19 reached P16.71 billion from 2020 to 2021, the Department of Finance (DOF) said Saturday, citing data from the Insurance...

Insurance regulator puts Eternal Plans under conservatorship

The Insurance Commission placed Eternal Plans Inc. under conservatorship beginning January this for the latter’s alleged failure to comply with directive to fill the...
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