Empowering Governance: Pioneering Progress in Philippine Insurance

On March 7, 2024, the Institute of Corporate Directors conducted a courtesy visit to the Insurance Commission which included a comprehensive presentation of the 2023 Assessment of Corporate Governance Performance of the Philippine Insurance Industry. The presence of the ICD Board of Trustees led by ICD Chairman, Atty. Pedro H. Maniego, Jr. and Executive Director, Engr. Valentin A. Reyes further enriched the conversation as both parties recognized the need to strengthen initiatives on corporate governance advocacy in the industry. As concluded from the presentation of results and discussion, both parties were committed to fostering a collaborative movement in empowering insurance companies nationwide to elevate the governance standards of the Philippines.