News Life and Health13 Feb 2024

Philippines:Regulator and actuaries to conduct first morbidity study to evaluate rates and reserve valuations

| 13 Feb 2024

Insurance commissioner Rey Regalado (second from left), ASP president Allan Santos (second from right), director Art Trinidad, officer-in-charge of IC’s Technical Services Group (leftmost), and ASP vice president Honesto Franz Maximillian A Nuqui, Jr (rightmost). Source: IC

The Insurance Commission (IC) and the Actuarial Society of the Philippines (ASP) have agreed to conduct the country's first industry-wide morbidity study based on the claims experience of health maintenance organisations (HMOs) and insurance companies.

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