Insurance Asia on MSN11d
Philippines cracks down on unauthorised third-party insurance seller
The government said it will deploy undercover “mystery customers”. The Philippines’ Land Transportation Office (LTO) is ...
Philstar.com on MSN8d
Life insurance firm placed under conservatorship
The government has placed life insurance firm Philippines International Life Insurance Co. Inc. (PhilInterLife) under ...
Philstar.com14d
Government slashes GOCC subsidies by 15 percent
Budgetary support to state-run firms declined by 15 percent to P139 billion in 2024 from P163.5 billion in 2023 as fiscal space remains limited, according to the Bureau of the Treasury.
BusinessMirror16d
High PHL insurance tax rates a thorn in sector’s side–PIRA
Philippine Insurance and Reinsurers Association (PIRA ... 12.5-percent documentary stamp tax (DST), 0.75-percent local government tax and 2-percent fire service tax, which drives up insurance ...