IC Regulatory Forum on Enhancing Prudential Reporting and Compliance Practice

Deputy Insurance Commissioner for Financial Examination Group Atty. Jayson P. Lopez, CPA, giving his opening remarks.

The Insurance Commission held its Regulatory Forum entitled "Enhancing Prudential Reporting and Compliance Practice" on 25 February 2026 from 1:00 PM to 5:00 PM at the Insurance Institute for Asia and the Pacific (IIAP) building.

The forum provided participants with updated guidance on prudential reporting requirements, including proposed revisions to the Annual Statements (AS) template, common errors noted in AS submissions, clarification of reporting requirements for Takaful operations, and the industry's preparedness for the implementation of PFRS 17.

The forum was attended by over a hundred representatives from the non-life industry.