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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
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Insurance market post double-digit growth in premiums in 1H2025
The Philippine insurance sector saw double-digit growth in premium collections in the first half of 2025, according to the Insurance...
Aug 19, 20251 min read
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Asian Re elects Reynaldo A Regalado as new chairman for 2 years
Mr Reynaldo A Regalado, Insurance Commissioner of the Philippines, has been elected as the chairman of Asian Reinsurance Corporation...
Jun 25, 20251 min read
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Non-Life insurance premiums rise by 10.5%
Taiwan's domestic non-life insurance premium continued to increase in 2024, growing 10.5% to reach TWD278.5bn ($9.2bn), according to a...
Jun 19, 20251 min read
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GIAJ chairman lists measures aimed at improving non-life insurance operations
General Insurance Association of Japan (GIAJ) chairman Mr Hiroaki Shirota has cited several measures that the trade body has taken over...
Jun 16, 20257 min read
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Reducing insurance taxes can bring premium relief
Reducing state government taxes in Australia is perhaps the best and fastest way to bring relief for the insurance customers who are...
May 13, 20252 min read
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GSIS surpasses non-life premium target for third straight year
The Government Service Insurance System (GSIS) announced that it has surpassed its non-life insurance premium target for the third...
May 1, 20251 min read
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Global reinsurance is stable for 2025
The global reinsurance sector is in a stable position for 2025, said S&P, according to its latest report on the topic. The ratings agency...
Feb 3, 20252 min read
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