Philippines

GlobalData says the sector will hold the top end use position through 2029.

A quarter of respondents still have no arrangements in place for wealth transfer.

Non-life combined ratios surged to 95.4% as operational costs and disaster risks mount.

It is the sharpest decline amongst major Asian markets.

PMI falls to 51.3.

It is pushing insurance in a nation where death and money are taboo topics.

The group plans to open one flagship mall each year.

Many are unsure they can retire, and half say they need to save more first.

The company earns regional recognition for building a people-focused workplace culture.

Density jumps to ₱4,414.58 in 2025, crossing ₱4,000 for the first time in 10 years.

Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.

Banks expecting a flat borrowing appetite fell significantly from a previous high of 80.7%.

Confidence, however, dropped to the second-lowest level on record.

Widespread use could generate up to $48b in economic value by 2030.

The organisation won the Philippine Employee Engagement of the Year - Technology and the Philippine Diversity and Inclusion Initiative of the Year - Technology categories.

It clinched the Philippines Innovator of the Year - Healthcare and the Philippines Team of the Year - Healthcare titles.