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Philippine insurance : dropped proposal to amend minimum capital rule may have mixed impact

Recurso electrónico / Electronic resource
Sección: Documentos electrónicos
Título: Philippine insurance : dropped proposal to amend minimum capital rule may have mixed impact / A.M. Best Company
Publicación: New Jersey : A.M. Best Company, 2020Descripción física: 2 p.Serie: (Best's Commentary ; November 5, 2020)Notas: Sumario: According to press reports, the Philippine Insurance Commission's (IC) recent withdrawal of a proposal to hold the minimum net worth requirement of local insurance companies' at PHP 900 million (USD 18.6 million) is expected to have a mixed impact on the overall insurance industry over the short to medium term. AM Best notes that the Departament of Finance maintains its long-term objectives to strengthen the Philippines' insurance industry.Materia / lugar / evento: Mercado de seguros Empresas de seguros Perspectivas del seguro Filipinas Serie secundaria: Best's Commentary ; November 5, 2020 Otras clasificaciones: 219