Insurance Commission Orders 2% Increase in Investment Threshold Allocation of Pre-Need Firms

The Insurance Commission has authorized a 2-percent increase in the investment threshold allocation for the pre-need sector. This upward adjustment increases the allowable investment in long-term commercial paper from 15 percent to 17 percent of the total amount of the trust fund; in direct loans from 5 percent to 7 percent; in equities from 30 percent to 32 percent, and in real estate from 10 percent to 12 percent. The…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.

Advertisements