The Philippine Insurers and Reinsurers Association (PIRA) is committed to working and making all aspects of non-life insurance easier for consumers, intermediaries, and insurance companies in the Philippines.

Established in 1954, PIRA early on was tasked to provide the prescribed rates for insurance companies and was aptly named the Philippine Insurance Rating Association.  Four decades after its founding, the company merged with the Insurance and Surety Association of the Philippines (ISAP), with PIRA retaining its acronym but renamed the Philippine Insurers and Reinsurers Association.

PIRA today, seeks to promote the overall growth and development of the non-life insurance sector and represents its member companies by:

• acting as an advocate for the industry; 

• handling issues and developing industry positions through government lobby, public affairs, industry forums 

• conducting technical research and pooling resources to achieve common objectives 

• identifying emerging trends and responding to issues affecting the industry 

• collaborating with government and the private sector on initiatives and projects for the benefit of the industry and community

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As of January 2023, PIRA’s 54 member companies provide 100 percent of the domestic non-life insurance services sold in the country.  PIRA members also account for a substantial investment in the Philippine stock market.