The industry will likely increase by 3% this year. The Philippine life insurance industry is projected to accumulate $5.8b in 2024 to $7.1b by 2028 in net written premiums, according to GlobalData.

Tan will deliver a presentation on this market segment outlook at the Philippine Insurance Summit 2024. The event takes place 30 May 2024, at the New World Makati Hotel in Manila.

AXA Mansard, a member of AXA, a global leader in Insurance and Asset Management has launched a new life insurance product, Endowment Plan, which will pay policyholders 100 per cent of their sum ...

The Insurance Commission of the Philippines reported a 10 per cent increase in gross premiums written in 2024, amounting to 140 billion Philippine pesos (US$2.4 billion). (US$1=RM4.28) “We expect the ...

AM Best has maintained its market segment outlook on the Philippine non-life insurance market at stable, citing factors that include robust growth prospects, driven by economic development and ...