Insurance & Reinsurance 2022: Trends & Developments In The Philippines - Reinsurance
Only a small sliver of the Philippine population, less than 2%, avails itself of insurance. This is one of the lowest rates in Asia.
Source: mondaq.com
Page 3 - Pre Need Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Pre Need Code Today - Breaking & Trending Today
Pre-need industry income surges to ₧2.1B | Bernadette D. Nicolas
THE pre-need industry saw its total net income surging to P2.1 billion last year as it sold more life plans amid the Covid-19 pandemic. Latest data from the Insurance Commission showed total net income of the industry jumped by 36.73 percent from P1.55 billion in the same period in 2020.…
Source: businessmirror.com.ph
IC places Eternal Plans under conservatorship
The Insurance Commission (IC) has placed another pre-need firm under conservatorship due to trust fund deficiencies, the Department of Finance (DOF) said on Thursday, March 3. In a statement released by the DOF, the IC said the agency ordered Eternal Plans Inc. (EPI) to be placed under conservat
Source: mb.com.ph
Eternal Plans placed under conservatorship
The Insurance Commission has placed pre-need provider Eternal Plans Inc. under conservatorship for its failure to deliver the backlog in its trust fund.
Source: philstar.com
IC places pre-need firm under conservatorship
The Insurance Commission (IC) has placed pre-need firm Himlayang Pilipino Plans, Inc. (HPPI) under conservatorship due to poor financial management. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 24, that HPPI was placed under conservatorship following its “continuing
Source: mb.com.ph