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Igloo forms partnership with biggest mobile network to provide affordable device protection
Regional InsurTech Igloo, together with the Philippines' largest mobile network Smart, has announced phone protection plans for its...
Jun 6, 20242 min read


Warren Buffett is worried about potential for ‘huge losses’ in booming, but still tiny insurance market
KEY POINTS Warren Buffett and Berkshire Hathaway’s top insurance executive Ajit Jain recently warned of the potential for “huge losses”...
Jun 6, 20247 min read


Market sees moderation in 1Q in general except for Nat CAT-exposed property risks
Across Asia, market conditions were mixed, with renewal outcomes varying by line of business. Natural catastrophe property risks remained...
Jun 5, 20242 min read


EVs are a growing opportunity for insurers, but pose near-term challenges
Global sales of electric vehicles (EVs) are growing fast and emerging as a new risk pool for the motor insurance industry, according to...
Jun 5, 20242 min read


Best’s Market Segment Report: AM Best Revises Outlook on Philippine Non-Life Insurance Segment to Stable
AM Best has revised its market segment outlook on the Philippine non-life insurance market to stable from negative, citing factors that...
Jun 4, 20242 min read


Ensuring a smooth transition in digitalising and automating processes
Factors such as growing amounts of data, changing customer expectations, competition from newer, non-traditional players in the insurance...
Jun 4, 20241 min read


Philippine insurance penetration rate and what needs to be done to improve it
By Michael F. Rellosa The insurance penetration rate at about 2 percent of our GDP is arguably the lowest in the Asean region. This has...
Jun 3, 20243 min read


20th Asia NAT CAT and Climate Change Summit 2024
PIRA as a supporting organization to the 20th Asia NAT CAT and Climate Change Summit 2024 with the theme "Forging Resilience: Building a...
Jun 3, 20241 min read
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