The Government requested the World Bank to undertake a study on the state of Agriculture Insurance in the Philippines and to propose their short to medium term recommendations and action plan to further develop this class of business in the country. The resulting report entitled “Reforming Agriculture Insurance in the Philippines” includes an analysis of the Philippine Crop Insurance Corporation; the adequacy of its coverages; efficiency of its operations; premium subsidy targeting along with their recommendations on the entry of the Private sector.
PIRA as represented by Executive Director Michael Rellosa was then invited to a high-level round-table discussion to discuss the World Bank’s findings and recommendations as well as short to medium term action plan, going forward.
Attendees:
Department of Finance | Joyce M. Briones |
| Aileen Tambanillo |
Bureau of the Treasury | Rosalia V. De Leon |
| Shannen Nicole H. Chua |
| Maria Elise Katrina S. Relucio |
Philippine Crop Insurance Corp. | Jovy C. Bernabe |
| Segundo H. Guerrero, Jr. |
| Melba P. Manalo |
| Sem H. Cordial |
| Manuel J. Cortina |
| Israel Q. Dela Cruz |
Agricultural Credit Policy Council | Jocelyn R. Badiola |
Government Service Insurance System | Jose Arnulfo Veloso |
Land Bank of the Philippines | Edgardo S. Luzano |
| Lolita S. Huerto |
Department of Agriculture | |
Insurance Commission | Reynaldo A. Regalado |
| Arturo S. Trinidad II |
| Nyl Christin L. Tumambing |
Philippine Insurers and Reinsurers Association | Michael F. Rellosa |
World Bank | Cecile Thioro Niang |
| Radu Tatucu |
| Tatiana Skalon |
| John Luke Plevin |
| Deanna T. Villacin |
| Atty. Maria Obdulia Palanca |
| Ma. Cecilia Soriano |
| Victor Dato |
| Uzma Khalil |
| Mio Takada, TBC |
Farmers Sector Representatives | Gina Terencio |