Pru Life UK has won a 2024 Silver Quill Award for excellence in communications from the International Association of Business Communicators (IABC), reaffirming the company's commitment to strategic and impactful storytelling, further strengthening its reputation as a leader in the life insurance industry.
Philippines non-life insurers could increase their premium rates by 10% to 15% during 2025 as natural catastrophes have affected the reinsurance market.
Women in Singapore have made significant strides towards financial empowerment even as barriers remain, according to a new survey by Sun Life Asia.
Munich Re has appointed Ms Hanh Nguyen as head of treaty P&C underwriting for Southeast Asia (SEA) and India, effective 1 March 2025. Since 2024, she has been acting as deputy head of treaty P&C underwriting for SEA and India.
Aon has released findings from its 2025 Human Capital Employee Sentiment Study.
The Philippine Crop Insurance Corp. (PCIC) has partnered with G-Xchange to allow farmers to receive indemnity payouts directly through GCash.
CEBUANA Lhuillier Insurance Brokers in collaboration with Etiqa Insurance has introduced Philippines' first takaful product. The product has been designed to cater to the specific needs of the Islamic community while promoting inclusivity and financial empowerment for Filipinos across all walks of life.
The Philippine Health Insurance Corporation (PhilHealth) continues to be in sound financial position despite being given zero subsidies for 2025.
The Philippine Health Insurance (PhilHealth) has expanded the coverage of its benefit packages for heart diseases by as much as 1,629%. The enhanced benefit packages have come into effect from 2 January 2025. The details have been notified vide its circular 2024-0032 issued on 21 December 2024.
The health maintenance organisation (HMO) sector in the Philippines chalked up losses of PHP4.269bn ($75m) in 2023, nearly triple the losses of PHP1.433bn in 2022, due to a substantial increase in claims and benefits paid, says a report released by WTW, a leading global advisory, broking and solutions company.