Monday 1 March 2021
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manilatimes - 11 days ago

IC eyes launch of disaster insurance facility in Q1

The Insurance Commission (IC) plans to introduce in the first quarter the country’s first private sector-led catastrophe insurance facility that is designed to heighten the country’s financial resilience against natural disasters. In a statement on Thursday, the Department of Finance (DoF) said establishing this facility was mentioned by Insurance Commissioner Dennis Funa during his presentation [ ]


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