Banking & Insurance

BSP secures conviction vs unregistered financial operators, closed bank officials

The Bangko Sentral ng Pilipinas (BSP) announced that several individuals linked to closed banks, money changing outlets, and pawnshop businesses have been convicted by various courts across the country, following BSP-led investigations and referrals for prosecution. These judgments, which include substantial fines and prison terms, underscore the regulator’s firm stance on upholding banking and financial laws, and carry significant implications for industry stakeholders and the general public.

MaxiLife rebrands as Maxicare Insurance in healthcare push

MaxiLife has rebranded as Maxicare Insurance as the Maxicare Group moves to integrate healthcare services with life and financial protection, expanding beyond its traditional health maintenance organization (HMO) business.

GCash expands digital access to health insurance

GCash is expanding access to health insurance by making protection and healthcare plans available directly through its app, targeting Filipinos who may not have...

Life insurers post 18% premium growth in H1

Philippine life insurers posted double-digit growth in premiums and benefits in the first half of 2026, strengthening the industry’s push to widen access to...

BSP-PES knowledge sharing event in Davao to advance evidenced-based policy

The Bangko Sentral ng Pilipinas (BSP) and Philippine Economic Society (PES) held their second nationwide Knowledge Sharing Event (KSE) here today at the BSP Mindanao Regional Office. Under “Putting Policy to the Test: Basics of Impact Evaluation,” the forum gathered researchers, policymakers, educators, and students to promote evidence-based decisions and smarter public resource use.

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