Browsing: Philippines

The Philippine government has placed Philippines International Life Insurance Co. Inc. (PhilInterLife) under conservatorship.

Pru Life UK reports strong financial performance, driven by variable life insurance.

Arthur J. Gallagher & Co. has acquired the remaining shares of Philpacific Insurance Brokers & Managers, Inc. (Philinsure), a commercial insurance and reinsurance broker based in the Philippines.

Gallagher completes the acquisition of Philinsure, expanding its retail brokerage capabilities in Asia. The deal follows an earlier minority investment.

Sapiens International Corporation announced a partnership with Pioneer Insurance and Surety Corporation in the Philippines, marking a step towards digital transformation and customer experience enhancement.

Sun Life Philippines and Pioneer Insurance emerged as leaders in the life and nonlife insurance sectors, respectively, based on 2024 data from the Insurance Commission.

Pru Life UK’s new Manila headquarters is designed for hybrid work, featuring collaborative spaces and wellness areas.