Oona Insurance has appointed Mr Praveen Paladugu as group head of agency distribution. In his new role, he will oversee agency distribution channels across Indonesia and the Philippines, with a mandate to elevate agent performance, align distribution efforts with corporate objectives and ensure agents are well-equipped to thrive in a rapidly evolving insurance industry.
Pru Life UK led the insurance industry in terms of new business annualised premium equivalent (NBAPE) in the third quarter.
The Insurance Commission (IC) has updated guidelines for investments in infrastructure projects under the Philippine Development Plan (PDP).
The Insurance Commission (IC) is seeking other agencies to oversee the health maintenance organisation (HMO) sector.
Pru Life UK has rolled out a short-payment term investment-linked insurance product for Filipinos looking for alternative ways to grow their resources.
National Reinsurance Corporation's (Nat Re) strong business growth in non-property lines during 2023, mainly driven by the acquisition of foreign agriculture treaties, is viewed to support business diversification; however, effective underwriting risk management remains crucial, says AM Best.
WTW has appointed Mr Gerald Dolina as head of Philippines and head of corporate risk and broking Philippines and Mr James Matti as managing director, health, wealth and career Philippines. Both appointments are effective 2 January 2025.
The lnsurance Commission (lC) has announced the start of the first industry-wide morbidity study among all insurance companies selling health insurance products as well as all Health Maintenance Organisations (HMOs).
Called Life Advantage, it provides coverage equal to 200% of the sum insured and guaranteed annual income payouts of 5% of the sum insured, EastWest Ageas said in a statement.
The community programme, called "Hoops+Health", is inspiring engagement, activity and healthy living through basketball by improving community access to courts and education across six Asian markets.