Pioneer Insurance has recently partnered with DOON as its official insurance provider. DOON is a peer-to-peer car sharing company...
Life insurance is a particularly effective risk management tool for Filipinos, given the unique socioeconomic challenges and cultural values that characterize the Philippines. Here are several reasons that illustrate why life insurance is especially important for Filipino families. In the Philippines, there is a strong cultural emphasis on family and community support. It is common for a single income earner to support multiple family members, including children, spouses and often extended family such as parents and siblings. Life insurance ens ...
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Digital health insurance startup Hive Health has raised $6.5 million in a financing round led by Sy family-backed Gentree Fund, allowing it to expand its network of health-care providers and cover more small and medium enterprises (SMEs). “The fresh funds will help us grow our superstar mission-driven team, and invest in our technology platform and operations to further elevate the patient and employer experience,” Hive Health’s chief executive and cofounder Camille Ang said in a statement. ...
Pru Life UK, one of the leading life insurers in the country, launched a new investment option that would allow customers to invest in a global technology fund managed by ATRAM Trust Corporation. ; The PRULink Global Tech Navigator Fund is a peso-denominated fund which would allow consumers to access ATRAM Global Technology Feeder Fund of ATRAM Trust Corporation. ; ATRAM’s fund is set to invest in a major global technology fund managed by Fidelity International. ; READ: Pru Life UK picks insurance veteran as new CEO
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ISTANBUL, Turkey -The accord allowing for Ukrainian grain to be exported via the Black Sea, crucial in easing a global food crisis sparked by the Russian invasion, has been the subject of grueling talks to get Moscow to agree to its renewal. Set to expire late Monday, the deal brokered by the United Nations and Turkey, signed by Moscow and Kyiv in July 2022, established a protected sea corridor allowing Ukraine’s agricultural goods to reach global markets. On July 4, Russia warned that it saw “no grounds” to extend the current deal, criti ...
Tonik Financial Pte. Ltd. is acquiring a financial technology (fintech) platform providing financial services to company employees in a bid to expand its portfolio. In a statement on Friday, the parent company of Tonik Digital Bank Inc. said it had entered into an agreement with Tendo Payment Solutions Pte. Ltd. to buy its local business operating under the name of “TendoPay.” · The deal is still subject to the approval of relevant regulators. “Tonik’s acquisition of TendoPay is a testament of our passion for accelerating financial and ...
“Nag-aalala ka dahil nagmamahal ka (You worry because you care).” · This was the sentiment shared by Ms. Sharon Cuneta in her latest vlog for the Insular Life (InLife) Dreamweaver Series. “My life still had its ups and downs but generally I have been really fortunate. And while most of you will see me as an accomplished individual, believe it or not, I still have my own share of worries. I still worry about my kids, my husband, my family, which is just normal,” the mom of KC, Frankie, Miel, and Miguel said. ...
MANILA -The growth in lending by the Philippines’ largest banks slowed down for the sixth straight month to a nearly two-year low of 6.5 percent in September, adding credence to concerns that lukewarm private spending will lead to more subdued economic growth in the fourth quarter. Preliminary data at the Bangko Sentral ng Pilipinas show that the growth in total lending, net of short-term loans to the central bank, continued to lose momentum after reading out at 13.4 percent in September 2022 and 7.2 percent last August. ...