Insurers’ premium income rises

  THE INSURANCE industry’s premium income grew in 2019 as all sectors reported increases in premiums written, according to the Insurance Commission (IC). IC documents showed the industry’s overall premium income increased 4.99{a20c0f6131f19ee46edebaa430c8602c2125b89207ecd0ebdc894e5bda57d350} to P304.639 billion in 2019 from P290.151 billion in 2018, based on the unaudited financial reports submitted by life and nonlife insurance […]