1+ day, 6+ hour ago  (189+ words) MANILA, Philippines " The non-life insurance industry in the Philippines performed better in 2025 as its net income improved by 22.7 percent to P10.9 billion from P8.88 billion a year ago, the Insurance Commission said. Data from the IC showed net premiums written, fire insurance,…...

1+ mon, 4+ day ago  (262+ words) Latest data from the Insurance Commission (IC) showed insurance penetration improved to 1.78 percent in 2025 from 1.67 percent in 2024, while insurance density reached a record high of P4,384.56 from P3,894.03. Insurance density refers to the average spending of each individual on insurance. It, along with…...

1+ mon, 5+ day ago  (285+ words) MANILA, Philippines " Pru Life UK has raised proposed regulatory changes with the Department of Finance as it seeks to expand access to life insurance and strengthen industry stability amid rising demand for financial protection among Filipino households. The insurer said…...