In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...

The National Insurance Commission (NAICOM) has granted two months moratorium to underwriters across the country to get final ...

Former IRDAI members Thomas Devasia and Nilesh Sathe said insurance commission rules need to be reintroduced after the 2021 ...

More and more poor Filipinos are availing of microinsurance products because of increased awareness. It was during the Spanish era that the Philippines was introduced to the concept of insurance ...

MANILA,Philippines — The Insurance Commission (IC) has warned insurance companies that it cannot declare or distribute dividends unless they remain in good financial condition, and have complied with ...

Established on Jan. 3, 1949, through Republic Act No. 275, the Insurance Commission (IC) was created to regulate and supervise the insurance, pre-need, and health maintenance organization (HMO) ...

MANILA, Philippines — The Insurance Commission (IC) has ordered Health Maintenance Organizations (HMOs) not to discriminate against individuals with the human immunodeficiency virus, or HIV, in ...

A stakeholder engagement hosted by the Central regional office of the National Insurance Commission (NIC), was focus on the theme "Enhancing Economic Development in the Central Region through ...

Insurance Policy Commission: In order to prevent misselling and increase transparency in insurance policies, the committee formed by IRDAI has proposed a proposal in which the commission paid to ...

MANILA, Philippines — The Insurance Commission (IC) and the Philippine Crop Insurance Corp. (PCIC) are working together to enhance insurance services to the agriculture sector. In particular, the two ...

Add articles to your saved list and come back to them any time. Wealth giant AMP is urging the federal government to increase the cap on life insurance commissions for financial advisers, despite the ...