PGIC Welcomes New Guidelines from the Insurance Commission
Manila, Philippines — People’s General Insurance Corporation (PGIC) welcomes the newly issued guidelines from the Insurance Commission (IC), reaffirming the company’s strong commitment to regulatory compliance, transparency, and the protection of policyholders.
The updated guidelines introduced by the Insurance Commission are designed to strengthen industry standards, enhance consumer safeguards, and promote sound governance practices across the insurance sector. These measures reflect the regulator’s continuing efforts to ensure a stable, resilient, and customer-focused insurance industry in the Philippines.
PGIC views the issuance of these guidelines as a positive development that aligns with the company’s core values and long-standing commitment to ethical business practices and service excellence.
“We welcome the Insurance Commission’s new guidelines as they reinforce the importance of accountability, transparency, and consumer protection within the industry,” PGIC said. “These measures support our mission to provide reliable insurance solutions while maintaining the highest standards of compliance and professionalism.”
The company has expressed its readiness to fully adopt and integrate the new regulatory requirements into its operational and compliance frameworks. PGIC emphasized that continuous alignment with regulatory developments enables the company to enhance service quality and strengthen policyholder confidence.
As part of its ongoing efforts to support industry growth and financial inclusion, PGIC remains committed to working closely with regulators and stakeholders to uphold best practices and deliver dependable insurance protection to individuals, families, and businesses nationwide.
Corresponding News From Insurance Commision: https://www.insurance.gov.ph
“We see this as a positive step toward building greater trust in the Philippine insurance ecosystem,” said PGIC President, Dela Cruz.
The company added that it has already begun internal policy reviews to align with the new standards.