FWD Group Holdings (FWD) is expanding its financial literacy programme, JA SparktheDream, to span seven markets in Asia as part of its 10th anniversary year community initiatives. Developed in partnership with Junior Achievement Asia Pacific (JA), the programme integrates financial, social and life skills education for students to help boost financial literacy in the region.
The Philippine new insurance commissioner is urging the insurance industry to tap new technologies to provide Filipinos with better access to insurance.
Allianz Asia Pacific (AZAP) is partnering INSEAD, one of the world's leading business schools, to create a training and certification programme aimed at transforming and upskilling the organisation's life and health business agency salesforce.
Health longevity, or the length of a time people think they will remain in good health, is an emerging concern among Filipinos surveyed, especially as they consider the financial costs of critical illnesses against a backdrop of economic uncertainties, according to a new study by Manulife.
The government has named Reynaldo Regalado as the new head of the Insurance Commission.
The net income of the insurance market in the Philippines dipped by 2.25% to PHP46.68bn ($859m) in 2022 from PHP47.75bn, data released by the Insurance Commission (IC) show.
The Philippines' adoption of Own Risk and Solvency Assessment (ORSA) standards is a positive development that will elevate the country's regulations to a higher standard, one more in line with more advanced regimes, says AM Best.
Finance Secretary Benjamin Diokno has urged the Insurance Commission (IC) to explore new ways to promote trust and transparency, and encourage the public to invest in financial protection.
Pru Life UK, a leading life insurer in the Philippines, has released a policy paper titled "InsurTech: Driving Broader Insurance Access," giving a better understanding of how InsurTech, such as online shopping platforms, can be used to broaden Filipinos' access to life and health protection products.
The insurance regulator will conduct a study on the impact of the COVID-19 pandemic on mortality trends and life insurers' claims experience.