Explaining insurance to the common Filipino can be difficult. The paper work and the mathematics behind it, and they might give you a puzzled stare and a few friendly nods. But the Allianz PNB Life president and CEO might just be able to convince you with his clarity and conviction.…
Insurance penetration may have dipped in Asia (excluding Japan) by 5.4%, but that hasn’t stopped the Philippines, along with countries such as Vietnam, Laos, Sir Lanka and India, to register double-digit growths, according to the Allianz Global Insurance Report prepared by Allianz Research. “Allianz’ strong performance in the Philippines reflects…