Centro de Documentación de Fundación MAPFRE - Philippine insurance : dropped proposal to amend minimum capital rule may have mixed impact

Publication: New Jersey : A.M. Best Company, 2020Physical description: 2 p.Series: (Best's Commentary ; November 5, 2020)Notes: 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 Secondary series: Best's Commentary ; November 5, 2020 Other categories: 219