Philippines

Philippines' Empire Insurance officially closes after two-year liquidation process

August 25 2025

Insurance Commission has completed liquidation proceedings for the non-life insurer, with a contingency fund established to handle remaining claims.

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AM Best revises Malayan Insurance's outlook to negative citing underwriting pressure from nat cat risks

August 25 2025

AM Best affirmed Malayan's ratings due to its strong balance sheet and investment portfolio, but warned of volatile underwriting results.

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13% premium growth fuels uptick in insurance penetration in the Philippines in Q2

August 20 2025

Total premium growth for the industry stood at 12.98% in Q2, with non-life leading the charge.

FPG and Mercantile to merge, creating one of the Philippines’ top four non-life insurers

August 15 2025

Landmark merger, labelled potentially the largest ever non-life deal in the country, is expected to close by October.

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FWD Group announces 12 charitable grants across Asia on 12th anniversary

August 14 2025

The insurer will fund NGO programmes in financial literacy, health and career development across its 10 markets.

Jocelyn Po Jo Po has been appointed as country head of Philippines Reinsurance Solutions

Aon promotes Jocelyn Po to Philippine country head for reinsurance solutions

August 13 2025

Po steps up from senior director role after nearly 12 years with the company

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FWD Philippines targets HNW clients with new product

August 12 2025

The launch comes amid rising insurance demand in the Philippines’ affluent segment.

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Dai-chi Life eyes M&A expansion in Southeast Asia: Report

August 5 2025

Japanese insurer expressed interest in Singapore's high-net-worth client base, while highlighting potential for growth in the Philippines or Malaysia.

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Aon estimates Typhoon Co-May to cause tens of millions of dollars in economic losses for Philippines, China

August 5 2025

Successive severe tropical storms in the Philippines resulted in approximately US$195m in economic damages, while flooding in China reached about US$2m in insured losses.