top of page


Insurance industry chalks up 45% jump in 1Q net profits
The insurance industry saw its net income soar by 45% to more than PHP14.29bn ($246m) in the first quarter of this year, compared to...
May 28, 20241 min read


Insurers Face Crisis with Hundreds of Billions in Corporate Tax Increases
This year, insurers are facing a crisis where they may have to pay hundreds of billions of won more in corporate taxes compared to the...
May 16, 20243 min read


Regulator and general insurers launch database to promote industry developments
Thailand's insurance regulator, the Office of Insurance Commission (OIC), has launched an insurance database system (IBS) in...
May 16, 20241 min read


More focus expected on profitability in the short term in P&C reinsurance sector - Hanover Re
Over the medium to long term, substantial growth in the property and casualty reinsurance in the APAC region continues to be anticipated,...
May 10, 20241 min read


Non-life sector drives profit growth in 2023
The Insurance Commission (IC) has announced that the net income of the insurance industry, comprising life and non-life insurance...
Apr 12, 20241 min read


Cebu Province pioneers insurance scheme for govt workers
The Cebu Provincial Board (PB) has approved an ordinance establishing Sugbo Segurado, an accident and life insurance plan for all...
Apr 1, 20241 min read


Philippines tops 36 markets as the most economically exposed to intensified Nat CAT
A new analysis of 36 countries/markets by Swiss Re Institute ranks the Philippines as the most economically exposed among them today,...
Feb 29, 20242 min read


One-eighth of disaster losses in the region in 2023 are insured
Losses from natural disasters in the Asia-Pacific and Africa region totalled $64bn in 2023, slightly lower than the $66bn seen in the...
Jan 11, 20242 min read
bottom of page
