Tag: Insurance
Pru Life posts highest NBAPE in ‘24
Pru Life UK remains as one of the leaders in the Philippine life insurance industry, as it posted the highest new business annual premium...
Insurers, reinsurers given until 2027 to adopt new accounting standard
Insurance companies and reinsurers have until January 1, 2027, to adopt the Philippine Financial Reporting Standard 17–Insurance Contracts (PFRS 17) in their audited financial...
PDIC doubles banks’ deposit insurance cover to P1M
The Philippine Deposit Insurance Corporation (PDIC) said it will double the maximum insurance coverage for bank deposits from P500,000 to P1 million per depositor...
PCGG wins; Cocolife told to transfer 255M shares to govt
THE Sandiganbayan has dismissed a petition filed last year by the United Coconut Planters Life Assurance Corp. (Cocolife) against the Presidential Commission on Good...
GSIS net income jumps 21% to P135.7B in 2024
The Government Service Insurance System (GSIS) saw a 21 percent jump in its net income from operations in 2024, amounting to P135.7 billion from...
