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PH insurance industry upbeat despite Covid

Industry experts expressed optimism on the insurance market despite the lingering impact of the Covid-19 pandemic on players, policyholders and the broader economy.

In a virtual forum organized by The Manila Times on Tuesday, Insurance Commission (IC) Commissioner Dennis Funa reported the income of life and nonlife insurance companies and mutual benefit associations improved in the first quarter of the year.

TALKING INSURANCE (clockwise from upper left) Manila Times columnists Michael Rellosa and Rey Elbo, AXA Philippines CEO Rahul Hora and Times president and CEO Dante ‘Klink’ Ang 2nd discuss during The Manila Times 2021 Insurance Industry Outlook, an online forum held on Aug. 31, 2021. The forum was headlined by Insurance Commissioner Dennis Funa (upper right), who served as the keynote speaker. SCREENGRAB FROM FACEBOOK LIVE