Philippines Financial Services

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A brighter outlook is expected for the Philippine insurance industry, with the country’s economic fundamentals remaining sound, and the government and private sector pushing ahead with public education campaigns about the benefits of financial security. Financial literacy has historically been weak among the broader population but consumer awareness...

What potential is there for regulatory changes that could grow the insurance industry?

There has been a flurry of talk recently over mergers and acquisitions as insurance companies are scrambling to raise resources in order to meet new, stringent capital requirements that have been put in place to shore up an otherwise fragmented market. “Five insurers have already signalled interest to merge,” the insurance commissioner, Emmanuel F...

What measures are necessary to increase the insurance penetration rate in the country?

What is supporting the current trend towards increased corporate activity in the capital markets?

THE COMPANY: Universal Robina Corporation (URC) traces its roots to 1954 when founder John Gokongwei diversified his trading company into corn starch production (United Corn Products) and counts its production of Blend 45, the first domestically manufactured instant coffee, as its first successful venture...

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