Tag: non-life insurance company

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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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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