News Life and Health28 May 2024

Philippines:Insurance industry chalks up 45% jump in 1Q net profits

| 28 May 2024

The insurance industry saw its net income soar by 45% to more than PHP14.29bn ($246m) in the first quarter of this year, compared to PHP9.86bn in the corresponding quarter in 2023, according to data from the Insurance Commission (IC).

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