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Insights into PFRS 17: Impact on non-insurance entities

09 May 2024

This Accounting Alert is issued to circulate Insights into PFRS 17 to explain the key features of the Standard and provide insights into its application and impact.

Mandatory Establishment and Publication of Registry of Licensed Insurance Agents

08 May 2024

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2024-10 dated April 16, 2024. The purpose of this Circular Letter is to enable the public to ascertain whether a person is duly licensed by the Commission to act as an insurance agent of a particular company.

Reinstatement of CL No. 2016-55

08 May 2024

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter (CL) 2024-11 dated April 17, 2024.

Discount Rates for Life and Non-life Insurance Policy Reserves and Reserves for Long-Term Contracts of Health Maintenance Organizations (HMO) as of 31 March 2024

06 May 2024

This Accounting Alert is issued to circulate Insurance Commission (IC) Circular Letter No. 2024-09 dated April 12, 2024.

Guidelines for Cornerstone Investors in Initial Public Offerings

06 May 2024

This Accounting Alert is issued to circulate SEC Memorandum Circular No. 8 dated April 11, 2024 which provides guidelines for cornerstone investors which have been a feature in some Initial Public Offerings (IPO) in the Philippines and in various jurisdictions.