insurance

HMOs turn profitable; preneed earnings double

The local health maintenance (HMO) industry swung to profitability last year while preneed firms saw…

PDIC doubles bank deposit insurance to P1M

The Philippine Deposit Insurance Corp. (PDIC) will double the protection for bank deposits, marking the…

BSP to regulate digital financial shops

The Bangko Sentral ng Pilipinas (BSP) wants banks and electronic money (e-money) issuers to follow…

How to insure EV? Risk pricing under study

The local nonlife insurance sector aims to come up with industry-accepted guide rates for electric…

Insurance sector grew ’24 profits by 16%

The insurance industry recorded fatter profits in 2024 on the back of higher premium collection…

BIZ BUZZ: PH insurance costs rising

Los Angeles may be a vast ocean away from the Philippines, but the effects of…

PCIC teams up with GCash for digital payouts

The Philippine Crop Insurance Corp. (PCIC) has partnered with e-wallet platform GCash to fast-track indemnity…

Remolona sees slower easing, another jumbo RRR cut in ’25

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. hinted at fewer interest rate cuts…

Insurer offers protection vs cyber threats 

Filipinos are avid online users —spending close to 10 hours a day in 2020, when…

Consolidating control: PSE buys add’l 4% PDS stake from AIA

The Philippine Stock Exchange Inc. (PSE) will get another slice of the country’s bond trading…