Just Released: "Philippines Insurance Report Q2 2014"
2013's third quarter reports from the Insurance Commission indicate substantial growth in the life segment of 63% over the previous year to US$4.6bn. Progress from a regulatory perspective is cause for further optimism in the life segment. Non-life insurance has shown slower growth to US$1.2bn, and some insurers will be hit hard by the claims resulting from Typhoon Haiyan in November 2013.
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