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Mission
PIRA today, seeks to promote the overall growth and development of the non-life insurance sector and represents its member companies by:
- acting as an advocate for the industry
- handling issues and developing industry positions through government lobby, public affairs, industry forums
- conducting technical research and pooling resources to achieve common objectives
- identifying emerging trends and responding to issues affecting the industry
- collaborating with government and the private sector on initiatives and projects for the benefit of the industry and community
Voluntary Commitments
The Sendai Framework Commitments (SFVC) online platform serves to incentivize stakeholders to inform the public about their work, to provide a vehicle for sharing commitments and initiatives and for motivation toward the implementation of the Sendai Framework. In turn, UNDRR can monitor and take stock of the progress and impact.
Philippine Insurers and Reinsurers Association is involved in the following commitments:
Implementer(s)
Version
1.0
Status
PROGRESS_NOT_UPDATED
Partners
Gallagher Re
Guy Carpenter
Aon PLC
Deutsche Gesellschaft für Internationale Zusammenarbeit
World Bank, the
Last updated
10 Sep 2024
Description
The creation of an insurance facility for the aggregation of catastrophic risks written in the Philippines, to be able to increase capacity, more efficiently write such business, whilst ensuring its sustainability and being able to offer such cover to the more vulnerable sectors.
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