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Emerging risks | Growth Opportunities | APAC Insurance

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Saturday, November 7, 2026

The Philippines.

News and analysis of insurance in The Philippines, covering market trends, regulation, underwriting, claims, and key industry developments.

Features and key stories

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A dense city skyline stretches beneath a pink and blue sunset, with high-rise towers in the foreground.
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Mandarin Re targets growth with existing cedants amid softening market
COO Grishin sees expansion opportunities in the Philippines, Thailand and Malaysia, but growth will be driven primarily by existing clients in Vietnam and Indonesia.

Thailand leads Asia commercial rate declines in Q3 as property softening deepens
Taiwan, South Korea and Malaysia followed with declines of 15%, 13% and 10%, while Japan and Vietnam were the only markets to record increases, according to Marsh.

SEADRIF eyes Philippines, regional infrastructure, and agri risk push in 2026
Regional risk pool prepares to launch Philippine parametric cover this year, while scaling ASEAN-wide pushes on infrastructure and agri protection

Vietnam breaks from Asia’s soft market trend as commercial rates rebound to 15% in Q4
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.

Typhoon Ragasa extends Hong Kong’s destructive September streak
Ragasa joins Mangkhut and Saola in September’s run of severe storms, though more modest insured losses are likely.

APAC motor premiums soar in Q1 but rising claims pressure margins
Claims inflation weighs on APAC's motor insurers, eroding margins in key markets despite double-digit growth in the Philippines, Vietnam, and India.

2025 outlook: Trump, India, and easing the insurance talent shortage
The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.

Generali exit Philippine life market with sale to InLife
Completion of 100% stake sale is anticipated in the first half of 2025, pending regulatory approvals.

Revised 2025 start date for Philippines Catastrophe Insurance Facility
Michael Rellosa, Executive Director of the Philippines Insurance and Reinsurance Association (PIRA) says the use of fixed tariffs has hampered attempts to launch the PCIF.
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Latest

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People moves

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30 October 2026
Willis taps Jonathan A. Nepomuceno to lead FINEX business in Philippines 
24 September 2026
Prudential names Naveed Irshad regional CEO for Indonesia, Philippines and Africa
17 September 2026
Manulife Philippines appoints Erica Jurilla Santos as chief operations officer
15 September 2026
Manulife Philippines appoints Ganesh Kumar Murugesan as chief information officer 
31 August 2026
Chubb promotes Candy Huang to Southeast Asia financial lines leadership role
19 August 2026
Nat Re CEO Allan Santos to retire, Alexander Reyes named successor
14 July 2026
Joaquin Carlos Uy returns to Howden Philippines as financial lines leader
26 May 2026
Manulife Philippines appoints Manish Sangal as deputy CEO
20 May 2026
Bianca Ilibasic appointed MD for Sun Life Global Solutions
08 May 2026
Howden names Cyndi Villamor as new chief client officer for corporate risk services, Philippines
09 April 2026
Coface appoints Darren Chan as country manager for Malaysia and head of Philippines
31 March 2026
AXA Philippines appoints Johanna Janeo as chief commercial distribution and partnership officer

Editor's choice

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Skyline of a riverfront city with tall buildings and boats on the river at sunset.
Two men’s headshots in overlapping circular frames over a city sunset background, with the NAT Re logo in the top-left corner.
Green rice paddies flooded with water on terraced fields in a rural landscape
Person sits on a large fallen log across a cracked, parched landscape under a blue sky, highlighting severe drought.

All stories

Map of Mindanao, Philippines, labeling major cities such as Davao, General Santos, Cotabato, Zamboanga, Butuan and Surigao.
Red pushpin marking a location on a map of the Philippines (Mindanao region near Davao).
Colorful Philippine jeepneys and other vehicles line a busy city street, with pedestrians and a cyclist crossing nearby.
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Philippine regulator PCC clears FPG–Mercantile merger worth $169m in GWPs
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Manulife Philippines appoints Manish Sangal as deputy CEO
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