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Industry-Supported Actuarial Project Moves into Data Collection Phase
The General Insurance Association of Japan (GIAJ) is inviting nominations for the 36th Advanced Course of The Insurance School (Non-Life), 2026, focused on building resilient and sustainable insurance strategies. Open to next-generation insurance leaders, with 2 slots for the Philippines (1 for PIRA and 1 for IC). Key Dates: • Application submission to PIRA: Feb. 20, 2026 • Online sessions: May 27 – June 2, 2026 • In-person sessions: June 10 – 16, 2026 (Tokyo, Japan) Nomine
7 days ago1 min read
Call for Nominations | 2026 Japan Insurance Advanced Course
The industry-supported Actuarial Project on Tariff Rates has entered the data collection phase, with companies preparing to extract and upload their seven-year data ahead of the actuarial analysis. Coordinated by PIRA with the Insurance Commission, actuarial experts, and member companies, the project aims to modernize tariff structures for Motor Car, Property, and Surety lines using a more data-driven and sustainable approach. Data tools are undergoing final security testin
7 days ago1 min read


DA to set up Philippines’ first agri-insurance pool
THE Department of Agriculture (DA), with support from the World Bank, is setting up the country’s first agricultural co-insurance pool to expand private sector participation in agricultural insurance and improve coverage for semi-commercial and commercial farmers. The planned co-insurance pool is part of an $870-million World Bank-supported program that aims to increase access to credit and insurance for farmers, fisherfolk, and agri-micro, small and medium enterprises (MSMEs
Feb 182 min read


Rising demand for protection pushes insurance premiums past new milestone in 2025
The total premiums of the Philippine insurance industry breached the PHP500bn ($8.6bn) mark in 2025, driven by consumers' increasing focus on long-term protection despite economic uncertainties. Data from the Insurance Commission showed that premiums from the life, non-life, and mutual benefit sectors stood at PHP502.6bn at the end of 2025, up by 14.1% from PHP440.5bn in 2024. The life insurance sector remained the driving force of the Philippine insurance industry, accountin
Feb 131 min read


85 seconds to midnight: Why PH insurance industry can no longer afford to be a bystander
WHEN the Bulletin of the Atomic Scientists moved the Doomsday Clock to 85 seconds to midnight on Jan. 27, 2026 — the closest it has ever been to global catastrophe — it was not merely updating a symbol. It was issuing an indictment. An indictment of failed leadership, collapsing cooperation, unmanaged technological risk and a global system increasingly unable to absorb shocks. For many, this warning will again feel abstract — another grim headline in an already anxious world.
Feb 124 min read


Aon appoints new CEO
Aon has appointed Mr Karl Hamann as CEO of the Philippines, effective 1 April 2026 and subject to regulatory requirements. In his new role, Mr Hamann will focus on further advancing Aon’s integrated solutions strategy and helping clients navigate increasingly interconnected risks with greater clarity and confidence. He will work closely with regional solution line leaders to align priorities, deepen client engagement and support sustained growth. Mr Hamann brings more than th
Feb 51 min read


Two Asian cyber-attacks in Tokio Marine HCC's top 10 cyber incidents for 2025
Two major cyber-attacks on Asian companies feature in Tokio Marine HCC International's (TMHCCI) annual 'Top 10 cyber incidents report' for 2025. The latest report highlights large-scale ransomware, systemic cloud outages and the first documented AI-orchestrated cyberattack at scale, as operational disruption and supply-chain dependencies continue to amplify financial and business risk across industries. Compiled by TMHCCI’s Cyber Security team, the report highlights how ranso
Feb 42 min read
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