PIRA is the umbrella organization representing the collective interests of the non-life insurance industry in the Philippines since 1954. NEWS BEFORE THE HEAT HITS AND THE DELUGE STARTS: WHAT A SUPER EL NIÑO DEMANDS FROM ALL OF US PHILIPPINE INSURANCE SECTOR POSTS STEADY Q1 2026 GROWTH DRIVEN BY RISING ASSETS AND PREMIUMS THE PHILIPPINE INSURANCE INDUSTRY ENTERED 2026 ON SOLID GROUND THE Pacific is warming again, and the warning lights are already on. The Philippine Atmospheric, Geophysical and Astronomical Services Administration has raised its El Niño alert, pegging the probability of onset between June and August 2026 at 79 percent, with European models flagging the possibility of a record-breaking “super” event that could stretch into 2027. The last strong El Niño in 2023 to 2024 cost Philippine agriculture roughly P57 billion. A super event would be worse, and the country must not be caught flatfooted. The Philippine Insurance Industry reported a stable performance in the first quarter of 2026, according to data from Manila's Insurance Commission (IC), supported by continued growth in premiums, invested assets, and benefit payments. Preliminary data from the Insurance Commission shows that in the first quarter alone, the industry paid out ₱43.44 billion in benefits to policyholders and beneficiaries — up from ₱39.01 billion in the same period last year. At the same time, more Filipinos are buying insurance: Total Premiums grew to ₱140.85 billion from ₱124.48 billion, and Insurance Penetration rose to 2.03% of GDP. Total Industry Assets now stand at ₱2.65 trillion. June 4, 2026 Manila Times May 22, 2026 Read More May 21, 2026 Read More Member Companies To play, press and hold the enter key. To stop, release the enter key.

PHOTOS FROM PIRA 2026 REGULAR GENERAL MEMBERSHIP MEETING Makati Sports Club Dasmariñas/Magallanes/San Lorenzo Rooms View photos 2025 REGULAR GENERAL MEMBERSHIP MEETING Kawayan Ball Room, Balesin City December 9, 2025 View photos 2024 REGULAR GENERAL MEMBERSHIP MEETING San Antonio Room, Makati Sports Club April 25, 2024 View photos 2023 REGULAR GENERAL MEMBERSHIP MEETING The City Club Alphaland Makati April 27, 2023 View photos NON-LIFE SECTORAL MEETING WITH THE NATIONAL PRIVACY COMMISSION IIAP April 24, 2023 View photos PCIF 2 TWG MEETING Makati Sports Club March 27, 2023 View photos BUILDING RESILIENCE INDEX (BRI) IIAP March 15, 2023 View photos TRAINING ON ORSA IIAP February 20, 2023 View photos 2ND INSURANCE COMMISSIONER'S CUP Canlubang Golf and Country Club July 29, 2022 View photos PIRA GENERAL MEMBERSHIP MEETING 2022 Makati Sports Club and via Zoom April 28, 2022 View photos FIRST ONLINE GENERAL MEMBERSHIP MEETING via Zoom June 25, 2020 View photos 2020 PIRA STRATEGIC PLANNING March 2, 2020 View photos 2020 IFRS17 INDUSTRY IMPACT ASSESSMENT PROJECT IIAP March 2, 2020 View photos 2020 THESIS GRANTS PRESENTED TO PIRA PIRA Board Room January 16, 2020 View photos 2020 PIRA CAT FACILITY WORKSHOP IIAP Function Hall January 10, 2020 View photos PIRA EXHIBIT AT THE BSP FIN-ED EXPO SMX Convention Center, Mall of Asia November 25-26, 2019 View photos 2019 PIRA DLSU CAMPUS TOUR DLSU, Malate Manila October 25, 2019 View photos 2019 PIRA IFRS17 MEETINGS AIM Conference Center, Makati City October 28, 2019 View photos

Industry News SEADRIF, FAO launch first anticipatory drought insurance pilot in Lao PDR SEADRIF Insurance Company and the Food and Agriculture Organization of the United Nations (FAO) have launched an anticipatory drought insurance pilot in the Lao People's Democratic Republic (Lao PDR). This marks the first time a Southeast Asian government has secured pre-arranged financing designed to activate ahead of drought impacts. The pilot provides the Lao Ministry of Finance with access to payouts triggered by early warning data indicating elevated drought risk, before 7 days ago Philippine finance chief sued over alleged US$2.8bn transfer of state insurers' funds The Philippines' finance chief is being sued over the alleged diversion of funds from the country's state insurance institutions to the national treasury. The charges were filed by health reform advocate and former adviser to the Department of Health, Dr Tony Leachon. He filed plunder and technical malversation cases before the Office of the Ombudsman against Finance Secretary Ralph Recto over the PHP60bn ($1bn) diversion of funds from PhilHealth reserve funds and PHP107bn fr 7 days ago Liquidating pre-need firm pays out more than 17,000 claims so far, looking to pay out the rest As it continues the liquidation process, The Philippines' insurance regulator, the Insurance Commission, has revealed that Danvil has paid out over PHP1.62bn ($26.31m) in claims. According to a statement from the Insurance Commission, this represents payment to 17,274 claims during Danvil’s liquidation and 15 claims after the formal closure of liquidation proceedings on 6 March 2026. Pre-need firm Danvil was placed under conservatorship on 14 October 2010 and was subsequently May 28 PhilHealth benefit payments hit US$2.32bn from Jan-April 2026 The Philippine Health Insurance Corporation (PhilHealth) has paid out PHP143.22bn ($2.32bn) in benefit claims nationwide from 1 January 2026 to 30 Apri, 2026, marking a 56.15% increase compared to the PHP91.72bn released during the same period last year, reported the Philippine News Agency. PhilHealth said the increase in benefit payments reflects the state insurer’s continued effort to expand health coverage and improve access to medical services for Filipinos. Data showed t May 28 Invitation: BRIDGE Sustainable Finance Training Programmes PIRA is pleased to invite its members to participate in the BRIDGE Sustainable Finance Training Programmes, supported by the ASEAN-UK Green Transition Fund. These complimentary sessions are designed to deepen our understanding of climate strategy and sustainable investment. Two distinct tracks are available: 1. Championing Sustainable Finance for Executive Impact Target: C-Suite and Senior Executives Format: Two virtual half-day sessions (3:00 PM – 6:30 PM GMT+8) Dates: Coho May 26 Philippines and UAE explore health insurance pact for overseas Filipino workers The Philippines and the United Arab Emirates are working toward establishing a formal health insurance arrangement that would extend coverage to Filipino workers in the Gulf state, according to the Department of Health. It is said that the initiative marks a significant step in enhancing protection for one of the Philippines’ largest overseas worker populations. The talks are part of the Philippines President Marcos Jr. administration’s broader push to strengthen the welfare May 26 1 2 3 4 5 June 2026 (1) 1 post May 2026 (18) 18 posts April 2026 (6) 6 posts March 2026 (6) 6 posts February 2026 (7) 7 posts January 2026 (5) 5 posts December 2025 (3) 3 posts November 2025 (9) 9 posts October 2025 (14) 14 posts September 2025 (7) 7 posts August 2025 (16) 16 posts July 2025 (23) 23 posts

EVENTS AND SEMINARS Events and Seminars View Photos View

Serminars/Webinars ENABLING ECOSYSTEM-BASED ADAPTATION (EBA) AND NATURE BASED INSURANCE SOLUTIONS IN THE PHILIPPINES April 15, 2024 BUILDING RESILIENCE INDEX (BRI) March 15, 2023 CYBER SECURITY INSURANCE October 21, 2022 "THE IMPORTANCE OF INSURANCE VIS-A-VIS CLIMATE CHANGE” October 20, 2022 PNB - PIRA ON ECONOMIC BRIEFING April 6, 2022 HOW INNOVATIVE FINTECH SOLUTIONS COULD ADDRESS THE GAPS OF HEALTHCARE FINANCING IN THE PHILIPPINES March 2, 2022 PIRA - KPMG ON DECODING DATA + ROBOTICS January 27, 2022 PIRA-DOST-PHIVOLCS VIRTUAL FORUM ON SPECTRAL ACCELERATION MAPS OF THE PHILIPPINES (SAM PH) ATLAS November 10, 2021 PARAMETRIC TYPHOON & HEAVY RAINFALL INSURANCE IN THE PHILIPPINES August 9, 2021 PIRA - PNB ON ECONOMIC BRIEFING July 8, 2021 HOW TO GET STARTED ON ROBOTIC PROCESS AUTOMATION (RPA) March 22, 2021 "CLOSING THE GAP - CYBERSECURITY AND THE INSURANCE INDUSTRY" DAY 2 February 5, 2021 "CLOSING THE GAP - CYBERSECURITY AND THE INSURANCE INDUSTRY" DAY 1 February 4, 2021 D-RIVE GO TELEMATICS PROPOSITION WEBINAR November 25, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 5 October 29, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 4 October 21, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 3 October 13, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 2 September 30, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 1 September 23, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 5 May 27, 2020 AIRDC WEBINAR - COPING WITH COVID-19: A PHILIPPINE NON-LIFE INDUSTRY SITUATIONER May 26, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 4 May 20, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 3 May 13, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 2 May 7, 2020 PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 1 April 22, 2020 ICD-PIRA Roundtable Discussion on Corporate Governance for Insurance Companies Oct 23, 2024 ENABLING ECOSYSTEM-BASED ADAPTATION (EBA) AND NATURE BASED INSURANCE SOLUTIONS IN THE PHILIPPINES Apr 15, 2024 PIRA Road Safety Campaign Kickoff Takes Off with Positive Support from Insurance Commission Dec 3, 2023 ORSA Training by AM Best Aug 23, 2023 BUILDING RESILIENCE INDEX (BRI) Mar 15, 2023 CYBER SECURITY INSURANCE Oct 21, 2022 "THE IMPORTANCE OF INSURANCE VIS-A-VIS CLIMATE CHANGE” Oct 20, 2022 1 2 3 4

PIRA INITIATIVES Climate Change & Disaster Resilience Insurance Education Compliance Legislative Advocacy

Speaker: Jenz Diaz - Senior Data Specialist III, Technology Consulting, KPMG in the Philippines Doris Pastoriza - Senior Manager, Technology Consulting, KPMG in the Philippines < Back PIRA - KPMG ON DECODING DATA + ROBOTICS Date: Jan 27, 2022 Speaker: Jenz Diaz - Senior Data Specialist III, Technology Consulting, KPMG in the Philippines Doris Pastoriza - Senior Manager, Technology Consulting, KPMG in the Philippines Press release https://www.pirainc.com/post/free-webinar-pira-kpmg-on-decoding-data-robotics Previous Next

Speaker: Mr. Alvin Arogo - VP and Head Research Division PNB Mr. Miguel Veneracion - Relationship Officer Multinationals Division PNB < Back PNB - PIRA ON ECONOMIC BRIEFING Date: Apr 6, 2022 Speaker: Mr. Alvin Arogo - VP and Head Research Division PNB Mr. Miguel Veneracion - Relationship Officer Multinationals Division PNB Press release https://www.pirainc.com/post/pnb-pira-on-economic-briefing Previous Next

Speaker : Ms. Jennifer P. Teves, Ph.D., Director of Research for Best Buy's Customer Experience Team (Minnesota, USA) Panelists: Mr. Michael F. Rellosa, Executive Director, PIRA Mr. Francisco D. Papa, Jr., Executive Director, IIAP < Back PIRA-IIAP-CPI WEBINAR SERIES SEASON 1, SESSION 4 Date: May 20, 2020 Speaker : Ms. Jennifer P. Teves, Ph.D., Director of Research for Best Buy's Customer Experience Team (Minnesota, USA) Panelists: Mr. Michael F. Rellosa, Executive Director, PIRA Mr. Francisco D. Papa, Jr., Executive Director, IIAP Press release https://www.pirainc.com/post/pira-iiap-cpi-webinar-series-season-1-session-4 Previous Next

Speaker : Mr. Richard Cruz - Transformation Designer Associate Professor, Asian Institute of Management < Back PIRA-IIAP-CPI WEBINAR SERIES SEASON 2, SESSION 1 Date: Sep 23, 2020 Speaker : Mr. Richard Cruz - Transformation Designer Associate Professor, Asian Institute of Management Press release https://www.pirainc.com/post/pira-iiap-cpi-season-2-webinar-september-23-2020 Previous Next