The International Day for Disaster Risk Reduction (IDDRR) is observed annually on 13 October to promote global awareness and collective action toward reducing disaster risk. For IDDRR 2026, the United Nations Office for Disaster Risk Reduction (UNDRR) has adopted the theme “Resilience Starts at Home.” In support of this global campaign, ARISE Philippines and its partners will translate science, governance, partnerships, and official guidance into practical and meaningful ac

The sovereign parametric deal covers government exposures only, and the domestic pool covers earthquake alone, leaving typhoon and flood placements reliant on offshore capacity. The Philippine government is finalising a parametric insurance deal with the Southeast Asia Disaster Risk Insurance Facility (Seadrif) that will release pre-arranged funds to the state after major natural disasters. The Department of Finance (DOF) says the signing is expected in the coming months. For

The Philippine Insurers’ Club is pleased to share the October 3 episode of Chikahan with Shot & Ran, hosted by Annie Shotwell and Ace Randrup, with special guest Mitch Rellosa, Managing Director of the Philippine Insurers and Reinsurers Association (PIRA). We are grateful to Mitch for making time to join Annie and Ace on the first Saturday of Insurance Consciousness Month—a very fitting opportunity to support one of the month’s important objectives: reaching the insurance-buy