The Philippine Insurance Commission's (IC) recent withdrawal of a proposal to hold the minimum net worth requirement of local insurance companies' at PHP 900 million (USD 18.6 million) is expected to have a mixed impact on the overall insurance industry over the short to medium term, according to AM Best.
The final day of the first-ever online Philippine Life Insurance Congress and MDRT Day 2020 was again filled with impactful speakers to inspire financial professionals across the nation to build a resilient industry for a brighter future.
The first-ever online Philippine Life Insurance Congress and MDRT Day 2020 continued on the second day with the theme "RESILIENCE: Braving the future together". The three-day congress is organised by the Life Underwriters Association of the Philippines (LUAP) and the Million Dollar Round Table Membership and Communication Committee Philippines. Asia Advisers Network as the official media partner brings to you highlights of day two.
The first-ever online Philippine Life Insurance Congress and MDRT Day 2020 kicked off yesterday (7 October) with the theme "RESILIENCE: Braving the future together". The three-day congress is organised by the Life Underwriters Association of the Philippines (LUAP) and the Million Dollar Round Table Membership and Communication Committee Philippines, with Asia Advisers Network as official media partner.
Mr Willison Yu, 2020 National President, Life Underwriters Association of the Philippines (LUAP), speaks with Asia Advisers Network on the highlights of the upcoming Life Insurance Congress of the Philippines and MDRT Day and what participants can look forward to.
"RESILIENCE: Braving the future together" is the theme of the first-ever online Life Insurance Congress of the Philippines and MDRT Day that is happening on 7-9 October 2020.
Sun Life of Canada (Philippines) has retained its position as the leading life insurance company in the Philippines last year, said the Insurance Commission (IC).
Insurers in the Philippines have asked the Insurance Commission (IC) to ease certain regulatory requirements to alleviate the impact of the coronavirus pandemic on the industry, reported local publication BusinessWorld.
This agent bashing advertisement by the UnionBank of the Philippines caused a stir in the insurance community in the Philippines. And rightly so. Such distasteful advertisements have to stop.
We spoke to Mr Joseph Janer, President (2017- 2019) of the Professional Insurance & Financial Advisors Association of the Philippines (PIFAAP) in an exclusive interview.
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