Financial illiteracy slows PH insurance growth

By Aric John Sy Cua

Dec 14, 2022 12:14 am

POOR financial literacy among Filipinos has slowed the growth of the Philippine insurance industry, an official of the Insurance Commission (IC) said on Tuesday.

INSURANCE TALKS (Clockwise from upper left) The Manila Times editor Dafort Villaseran, Pru Life UK Chairman Imelda ‘Ida’ Tiongson, Allianz PNB Life Chief Marketing Officer Gino Riola, Times editor Conrad Cariño, and Insurance Commission Deputy Commissioner Ferdinand ‘Bong’ Florendo during the forum ‘Insurance Truth and Consequence’ held on Tuesday, Dec. 13, 2022. TMT SCREENGRAB

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