THE INSURANCE industry enjoyed a strong first quarter, supported by the booming economy, while the rest of the year should be just as buoyant, the regulator said.
“According to preliminary reports, insurers were able to grow their total premium income significantly in the first quarter,” Insurance Commissioner Emmanuel F. Dooc said at the sidelines of the United Nations forum on the Principles for Sustainable Insurance last Thursday.
With the economy doing well, business is on the rise, he explained.
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