Microinsurance providers posted higher premium collections in 2023, as more Filipinos sought affordable protection plans especially amid growing threats from climate change. Total premiums collected under microinsurance policies amounted to P13.54 billion last year, a 17.35-percent increase from the amount generated in 2022, the Insurance Commission (IC) reported. The IC attributed the performance to “across-the-board”
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.