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The Board of Trustees and officers of the Philippine Insurers and Reinsurers Association (PIRA) and its member companies welcome you to this new website. Insurance plays a very important role in the lives of people all over the world. And for the people on the Philippines, insurance is a very effective tool in managing the various risks they face every day. This website is PIRA’s attempt to provide one-stop-shop for information about non-life insurance in the Philippines.

  
 

PHILIPPINE INSURERS MEET ON INDUSTRY CONCERNS

The hottest issues in non-life insurance in the country was discussed by insurance companies, agents, brokers and other players of the industry during the 1st PIRA Stakeholders Convention at The Peninsula Manila Hotel in Makati City last October 21.
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A night of dancing, singing and pure fun

Celebration was the mood when the entire Philippine non-life insurance industry gathered last October 21 for the first PIRA Awards at The Peninsula Hotel.

Latin danceport champion Anna Marie Periquet and partner Michael Marquez performed an acrobatic rumba that served as the opening number that ushered the awards night...

 
Solon wants registration of wrecked cars cancelled

A lawmaker has moved to address the rampant practice of carnapping syndicates of buying from insurance companies totally wrecked cars which are used to camouflage carnapped vehicles through the legitimate registration of destroyed vehicles.

Rep. Roger Mercado (Lone District, Southern Leyte), Chairman of the Committee on Tran sportation, authored House Bill 4926, which seeks to cancel the registration of totally wrecked vehicles that are covered by an insurance policy.
PIRA Board of Directors
 

Winners of PIRA Awards known

Insurance companies who have shown excellence in corporate governance and corporate social responsibility were recognized during the 1stPhilippine Non-Life Insurance Awards or simply PIRA Awards at The Peninsula Manila Hotel last October 21.

Michael F. Rellosa, chairman of the PIRA Awards Steering Committee, said a total of 13 companies received trophies for the Best in Corporate Governance and Best in Corporate Social Responsibility Awards...
 
 
 

Dear members
Great news! Dr Victor Kuk, Chief Executive Officer of AXA General Insurance Hong Kong is speaking at the 2nd Annual Insurance Underwriting and Claims Management Asia 2012. Without surprise, enquiries and registrations are streaming in fast due to this new addition.

Dr Kuk will include insights into AXA General Insurance HK’s experience in managing fraud through fraud indicators and claims pattern analysis. This is not to be missed!

Other distinguished speakers include:
Pedro P. Benedicto, Jr., President & Director, Republic Surety and Insurance Company, Inc. (RSIC), Chairman & President, Philippines Insurers and Reinsurers Association, Inc. (PIRA) 

About the presentation topic: Learn to balance automation and manual handling in claims management to achieve operational efficiencies, cost effectiveness and customer satisfaction. 

Teddy Hailamsah, President Director, PT Asuransi Central Asia,President, 26th East Asian Insurance Congress, Secretary General, ASEAN Insurance Council (AIC) 

About the presentation topic: Learn how to evaluate the online purchasing platform in motor insurance, its implications for underwriters and claims managers, and strategies to overcome challenges including fraud management.

 Jeff Cook,Chief Underwriter Asia, Swiss Re 
About the presentation topic:Join in and examine the impact of rising medical costs, changing customer preferences and aging population on life underwriting in Asia.

Click here for a complete list of speakers.
Find out more about how the speakers - your peers - fight fraud, enhance operational efficiency and avoid leakages at 2nd Annual Insurance Underwriting and Claims Management Asia 2012.

If you are keen in attending, I strongly recommend you to get in touch with us at +65 6722 9388 or email enquiry@iqpc.com.sg and be entitled to a 10% off standard pricing by quoting MPPIRA. 
I look forward to welcoming you this May!

Warmest Regards,
Yuyuan Chen
Conference Producer
Finance IQ – A Division of IQPC Worldwide

 

SMALL NON-LIFE INSURERS CAN SURVIVE  REGIONAL COMPETITION BY 2015 – Pira

The Country’s non-life insurers are convinced they can operate profitable in an environment where there is regional competition but without having to require them to dip into their pockets for more  capital as the government has insisted.

According to the Philippine Insurers and Reinsurers Association or PIRA, the homegrown non-life insurers can very well handle the anticipated increased comptetition...

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2 Years after Ondoy, more Filipinos buying insurance  
 
The cataclysmic flood brought by tropical storm Ondoy in 2009 was a “wake-up call” for many Filipinos who are now buying insurance products to protect themselves from similar natural calamities.

The Philippine Insurers and Reinsurers Association (PIRA) in its 2011 Fact Book released recently revealed that total premiums for non-life products grew by 8.51 percent last year as compared to the year Ondoy hit the country....
 
 
 
 
 
 
 
 
 
 
 
           
           
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