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                (
                    [ArticleID] => 2401419
                    [Title] => Insurance industry nets P40 billion in 9 months
                    [Summary] => The country’s insurance industry saw its net income inch up by 4.2 percent to P39.93 billion as of end-September, mainly driven by earnings from the non-life sector.
                    [DatePublished] => 2024-11-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/11/19/7_2024-11-19_18-30-31968_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 2397879
                    [Title] => First Islamic insurance in Philippines to bridge social protection gap
                    [Summary] => The government has issued the first Takaful or Islamic insurance license in the country amid the need to bridge the gap in social protection and offer a more affordable option to Muslim and non-Muslim Filipinos.
                    [DatePublished] => 2024-11-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/11/05/14_2024-11-05_18-52-13955_thumbnail.jpg
                )

            [2] => Array
                (
                    [ArticleID] => 2394737
                    [Title] => Pre-need profit soars despite drop in life plans sold
                    [Summary] => The pre-need industry saw its net income jump by more than 50 percent to P2.9 billion in the first semester even amid a decrease in the number of life plans sold, the Insurance Commission said.
                    [DatePublished] => 2024-10-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/10/23/14_2024-10-23_18-18-22328_thumbnail.jpg
                )

            [3] => Array
                (
                    [ArticleID] => 2379297
                    [Title] => Insurance penetration improves to 1.71% of GDP
                    [Summary] => The insurance industry saw its net income rise to P28 billion in the first half amid increases in the life and non-life segments with the sector’s contribution to the overall economy also improving to 1.71 percent.
                    [DatePublished] => 2024-08-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/08/20/a813_2024-08-20_18-23-4447_thumbnail.jpg
                )

            [4] => Array
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                    [ArticleID] => 2375388
                    [Title] => Insurance Commission puts Forticare under conservatorship
                    [Summary] => The Insurance Commission (IC) has placed health maintenance organization (HMO) Forticare Health Systems International Inc. under conservatorship amid its inability to address requirements from the government.
                    [DatePublished] => 2024-08-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/08/04/14_2024-08-04_18-07-09334_thumbnail.jpg
                )

            [5] => Array
                (
                    [ArticleID] => 2369202
                    [Title] => Government wants to raise capital base for HMOs
                    [Summary] => The government is planning to increase the minimum paid-up capital of health maintenance organization every three years to establish progressive regulatory policies on the industry.
                    [DatePublished] => 2024-07-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/07/10/15_2024-07-10_18-27-59904_thumbnail.jpg
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            [6] => Array
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                    [ArticleID] => 2367203
                    [Title] => Pre-need resurges as profit soars to P3.25 billion in Q1
                    [Summary] => The pre-need industry saw its net income nearly triple to P3.25 billion in the first quarter even amid a decrease in the number of life plans sold, the Insurance Commission said.
                    [DatePublished] => 2024-07-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/07/02/13_2024-07-02_18-09-12205_thumbnail.jpg
                )

            [7] => Array
                (
                    [ArticleID] => 2356621
                    [Title] => HMOs finally swing to profit in Q1
                    [Summary] => The health maintenance organization industry reverted to profitability in the first quarter after almost two years of losses as membership fees increased.
                    [DatePublished] => 2024-05-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/05/20/8_2024-05-20_18-59-54120_thumbnail.jpg
                )

            [8] => Array
                (
                    [ArticleID] => 2346475
                    [Title] => IC places Carehealth under conservatorship
                    [Summary] => The Insurance Commission has placed health maintenance organization provider Carehealth Plus Systems International Inc. under conservatorship amid the company’s inability to address complaints from policyholders.
                    [DatePublished] => 2024-04-10 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/04/09/16_2024-04-09_18-36-41950_thumbnail.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 2339811
                    [Title] => Pre-need resurges as profit up 5-fold
                    [Summary] => The pre-need industry saw its net income surge by nearly five-fold to P2.09 billion in 2023 from P429.6 million in 2022 as more people availed themselves of life plans, data from the Insurance Commission showed.
                    [DatePublished] => 2024-03-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/03/11/4_2024-03-11_19-58-29974_thumbnail.jpg
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)

Insurance Commission

Array
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        (
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                (
                    [ArticleID] => 2401419
                    [Title] => Insurance industry nets P40 billion in 9 months
                    [Summary] => The country’s insurance industry saw its net income inch up by 4.2 percent to P39.93 billion as of end-September, mainly driven by earnings from the non-life sector.
                    [DatePublished] => 2024-11-20 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1808134
                    [AuthorName] => Keisha Ta-Asan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/11/19/7_2024-11-19_18-30-31968_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 2397879
                    [Title] => First Islamic insurance in Philippines to bridge social protection gap
                    [Summary] => The government has issued the first Takaful or Islamic insurance license in the country amid the need to bridge the gap in social protection and offer a more affordable option to Muslim and non-Muslim Filipinos.
                    [DatePublished] => 2024-11-06 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/11/05/14_2024-11-05_18-52-13955_thumbnail.jpg
                )

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                    [ArticleID] => 2394737
                    [Title] => Pre-need profit soars despite drop in life plans sold
                    [Summary] => The pre-need industry saw its net income jump by more than 50 percent to P2.9 billion in the first semester even amid a decrease in the number of life plans sold, the Insurance Commission said.
                    [DatePublished] => 2024-10-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/10/23/14_2024-10-23_18-18-22328_thumbnail.jpg
                )

            [3] => Array
                (
                    [ArticleID] => 2379297
                    [Title] => Insurance penetration improves to 1.71% of GDP
                    [Summary] => The insurance industry saw its net income rise to P28 billion in the first half amid increases in the life and non-life segments with the sector’s contribution to the overall economy also improving to 1.71 percent.
                    [DatePublished] => 2024-08-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/08/20/a813_2024-08-20_18-23-4447_thumbnail.jpg
                )

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                    [ArticleID] => 2375388
                    [Title] => Insurance Commission puts Forticare under conservatorship
                    [Summary] => The Insurance Commission (IC) has placed health maintenance organization (HMO) Forticare Health Systems International Inc. under conservatorship amid its inability to address requirements from the government.
                    [DatePublished] => 2024-08-05 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/08/04/14_2024-08-04_18-07-09334_thumbnail.jpg
                )

            [5] => Array
                (
                    [ArticleID] => 2369202
                    [Title] => Government wants to raise capital base for HMOs
                    [Summary] => The government is planning to increase the minimum paid-up capital of health maintenance organization every three years to establish progressive regulatory policies on the industry.
                    [DatePublished] => 2024-07-11 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/07/10/15_2024-07-10_18-27-59904_thumbnail.jpg
                )

            [6] => Array
                (
                    [ArticleID] => 2367203
                    [Title] => Pre-need resurges as profit soars to P3.25 billion in Q1
                    [Summary] => The pre-need industry saw its net income nearly triple to P3.25 billion in the first quarter even amid a decrease in the number of life plans sold, the Insurance Commission said.
                    [DatePublished] => 2024-07-03 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
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                )

            [7] => Array
                (
                    [ArticleID] => 2356621
                    [Title] => HMOs finally swing to profit in Q1
                    [Summary] => The health maintenance organization industry reverted to profitability in the first quarter after almost two years of losses as membership fees increased.
                    [DatePublished] => 2024-05-21 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/05/20/8_2024-05-20_18-59-54120_thumbnail.jpg
                )

            [8] => Array
                (
                    [ArticleID] => 2346475
                    [Title] => IC places Carehealth under conservatorship
                    [Summary] => The Insurance Commission has placed health maintenance organization provider Carehealth Plus Systems International Inc. under conservatorship amid the company’s inability to address complaints from policyholders.
                    [DatePublished] => 2024-04-10 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/04/09/16_2024-04-09_18-36-41950_thumbnail.jpg
                )

            [9] => Array
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                    [ArticleID] => 2339811
                    [Title] => Pre-need resurges as profit up 5-fold
                    [Summary] => The pre-need industry saw its net income surge by nearly five-fold to P2.09 billion in 2023 from P429.6 million in 2022 as more people availed themselves of life plans, data from the Insurance Commission showed.
                    [DatePublished] => 2024-03-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1475310
                    [AuthorName] => Louise Maureen Simeon
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/03/11/4_2024-03-11_19-58-29974_thumbnail.jpg
                )

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)

abtest