Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
GSIS collects record P10.5 B from non-life insurance premiums
The Philippine Star
|May 01, 2025
The non-life insurance premium collections of state-run pension fund Government Service Insurance System (GSIS) rose to a record P10.5 billion in 2024 as more agencies moved to secure their assets from eventualities.
Data showed that the pension fund for government workers and retirees recorded P10.5 billion in gross premiums written (GPW) in its non-life insurance business last year, its highest to date.
This was an 8.2-percent increase from the 2023 GPW level of P9.7 billion and 18 percent higher than its target of P8.9 billion.
Under the law, GSIS is mandated to provide insurance cover to all government assets and properties with insurable interests.
This story is from the May 01, 2025 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
Chile defeats communism
Chile has a long history with communism and it is actually quite complex. In the modern day, the Communist Party of Chile is described as having a strong left-wing political presence as part of a democratic republic.
2 mins
December 19, 2025
The Philippine Star
NOCHE BUENA, RECYCLING FOOD, AND THE NEXT GEN
Is the season to make hard choices again:
4 mins
December 19, 2025
The Philippine Star
Transfer P52-B 'political ayuda' to PhilHealth, doctors propose
Lawmakers\" \"guarantee letters\" for health and social welfare \"ayuda\" are illegal.
3 mins
December 19, 2025
The Philippine Star
Discaya, 9 others arrested over Davao ghost project
The National Bureau of Investigation (NBI) on Thursday arrested contractor Sarah Discaya and nine others following the issuance of arrest warrants over their alleged involvement in a P96.5-million ghost flood control project in Davao Occidental.
1 min
December 19, 2025
The Philippine Star
As chief implementer of the CPR Law
The celebration we have each year during the Christmas season is a period when hospitals become busy.
4 mins
December 19, 2025
The Philippine Star
Dustin Yu and Sassa Gurl make MMFF debut with dual entries
Dustin Yu and Sassa Gurl find themselves among the lucky few trusted with two films each in the 2025 Metro Manila Film Festival opening on Christmas Day.
1 mins
December 19, 2025
The Philippine Star
Eala relishes SEAG winning moment
CHONBURI-A milestone ending to a milestone-filled year.
1 mins
December 19, 2025
The Philippine Star
Amazing Filipinas break new ground
Just before it's lights out at the Chonburi Daikin Stadium Wednesday, the powerful bright bulbs shone on the Philippine women's football team.
2 mins
December 19, 2025
The Philippine Star
HAIL ALEX THE GREAT
Alex Eala served up an ace for Team Philippines as it scrambles for more victories in the homestretch of the 33rd Southeast Asian Games here.
3 mins
December 19, 2025
The Philippine Star
BBM to generals: Respect Charter, remain loyal to country
President Marcos yesterday reminded the Armed Forces of the Philippines to remain loyal to the Constitution and the republic as he administered the oath of newly promoted AFP generals and flag officers as well as graduates of foreign pre-commissioned training institutions.
2 mins
December 19, 2025
Listen
Translate
Change font size