Category: Non-life Insurance

2020 Ranking Non-Life lnsurance Companies Based on Gross Premiums Written

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Time and time again, people are reminded how uncertainties can set us back financially. But despite the risks that can ruin savings and potentially impede plans, many still regard insurance as an insignificant intangible product in the Philippines. However, the insurance industry in the country experienced a sudden increase in the number of insured as many realized the contribution of insurance in mitigating risks, and the industry is poised to…

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2019 Ranking Non-Life lnsurance Companies Based on Gross Premiums Written

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  Insurance companies in the Philippines are always exerting their best efforts in providing the appropriate and best insurance coverage for their clients. Everyone must always be ready to get themselves ensured since it helps them to significantly lessen their burden in cases of unexpected events such as accidents and loss of properties. In case you’re planning to invest in a house, a car, or a property that might cost…

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Terms and Conditions for Refund and Cancellation of Policies in The Non-Life Insurance Setting in The Philippines [Infographic]

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Terms and Conditions for Refund and Cancellation of Policies in The Non-Life Insurance Setting in The Philippines Infographic

Unexpected events, such as accidents and loss of properties, happen every day. And these uncertainties can set back people financially. This is why an insurance policy is vital for Filipinos who want to protect themselves and their valued properties from damages and losses. Getting insured can help minimize the financial burden the unexpected events may bring. There are different kinds of non-life insurance Philippines available in the market, each with…

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Why an Insurance Company Would Cancel Your Policy

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Why an Insurance Company Would Cancel Your Policy featured image ichoose.ph

Insurance plays a vital role in your financial well-being, which protects you and your family in times of great need for financial assistance. As you move through life, it stresses the importance of insurance in a long-term plan. Today, many factors can leave you in financial ruin if you are not adequately insured. No matter your situation as a professional, employee, or business owner, an unexpected situation can unravel quickly,…

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2018 Non-Life Insurance Company Ranking Based on Submitted Annual Statements

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2018 Non-Life Insurance Company Ranking Based on Submitted Annual Statements featured image

  The various insurance companies in the Philippines aim to provide the best insurance coverage for their clients and lead the industry as a result. Many people have already realized the importance of insuring their properties to keep their potential financial losses low in case they’re caught in an accident or when they lose properties. More Filipinos are ready in case something happens. Investing in a property, whether on a…

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2019 Non-Life Insurance Ranking

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Insurance companies in the Philippines are always exerting their best efforts in providing the appropriate and best insurance coverage for their clients. Everyone must always be ready for get themselves ensured since it helps them to significantly lessen their burden in cases of unexpected events such as accidents and loss of properties. In case you’re planning to invest on a house, a car, or a property that might cost you…

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Non-Life Insurance Companies Merge to Meet Capital Requirement

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Non-Life Insurance Companies Merge to Meet Capital Requirement

More and more non-life insurance firms today are starting to conduct merger talks in order to comply with the minimum capital requirement expected to be implemented by the end of 2019. As it was stated in the Republic Act No. 10607, insurance companies must augment their net worth from P550 million to 900 million by the end of 2019. This will be even increased to a whopping P1.3 billion by…

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2017 Performance of Non-Life Insurance Companies based on Gross Premiums Written

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2017 Performance of Non-Life Insurance Companies featured image

What are the non-life insurance companies in the Philippines Insurance is already an essential part of our living when it comes to securing our future, the future of our family, our business and our properties. Determining the best company that will manage your insurance involves a lot of consideration, such as its business stability, financial performance, handling of claims, cost of services, convenience, facilities, corporate governance, and customer care. These…

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2016’s Non-Life Insurance Companies Ranking in the Philippines

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2016’s Non-Life Insurance Companies Ranking in the Philippines featured image

Accidents happen everywhere—anytime, to anyone. This is why the insurance industry in the country is one of the richest and most profitable industries. Every individual dreams and plans of having their own car, house, or property. One of the things they need to secure is not only the safety of these material things but its preparedness when disaster strikes. If you plan on getting a car, a house, or any…

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2015 Ranking Non-life Insurance companies in the Philippines

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If you plan on getting a car, a house, or any property that costs a lot of money, it is a good idea to have it insured. The right insurance can do wonders for your property. But of course, not all non-life insurance companies are the same. It is our practice here in iChoose.ph to provide a list of top non-life insurance companies every year.   Name of Company  …

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