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HEALTHCARE benefits paid out by health maintenance organizations (HMOs) in January to March reached P15.05 billion, according to the Insurance Commission (IC). Data from the IC showed that benefit payouts by HMOs in the first quarter of the year rose by 17.3 percent from the P12.833 billion paid in the…
THE Insurance Commission (IC) and the state-owned Philippine Postal Corp. (PHLPost) unveiled the commemorative stamp and official first day cover in celebration of the 75th Anniversary of the Insurance Commission (IC) last January 24 to highlight this year’s theme: “Serving with Integrity and Commitment: 75 years of Public Trust.” Established…
'The increase in total premium income could be attributed to the increase in the number of pre-need plans sold during the said period,' said the IC.
THE preneed industry’s total premium income in the first half rose by 9.45 percent year-on-year to P11.21 billion as more Filipinos bought memorial plans during the reference period, the Insurance Commission (IC) said. The IC said the preneed industry’s total premium income was P968.2 million higher than the P10.243 billion it posted in the first
MORE assets of Loyola Plans Consolidated Inc. will now be sold to pay its obligations to its members and debtors after it was placed by the Insurance Commission (IC) under liquidation. The IC issued on October 2 a notice to the public, disclosing that Loyola Plans has been under liquidation since September 29. In its