June 17, 2020

Microinsurance premiums, coverage expand in 2019

PERSONS COVERED and premiums of the microinsurance industry increased in 2019, data from the Insurance Commission (IC) showed. The IC said on Tuesday unaudited reports submitted by the companies showed premiums produced by the microinsurance sector hit P9.12 billion last year, up from the P8.14 billion in 2018. Total individuals covered also rose 16{a20c0f6131f19ee46edebaa430c8602c2125b89207ecd0ebdc894e5bda57d350} to […]