Philippine Insurers and Reinsurers Association (PIRA)
The Philippine Insurers and Reinsurers Association (PIRA), formerly known as Philippine Insurance Rating Association, is the voice of the Philippine non-life insurance industry, forecasting and responding to issues that may arise, and anticipating opportunities to enable its members to better serve their customers.
PIRA encompasses all non-life insurance companies in the Philippines. It is constantly trying to improve and achieve its mission to meet the needs of its members.
PIRA represents the collective interests of the Philippine non-life insurance industry. It speaks out on issues of common interest; helps to inform and participate in debates on public policy issues; and acts as an advocate for the insurance industry.
The National Reinsurance Corporation of the Philippines (Nat Re), a member organization of PIRA, is actively involved in the EAIC 2018 Manila Conference as the official administrator of conference funds. Nat Re assists in the development of the Philippine insurance industry by providing reinsurance capacity and support to Philippine insurance companies as well as by contributing towards higher retention of business within the country.
Philippine Life Insurance Association, Inc. (PLIA)
The Philippine Life Insurance Association, Inc. (PLIA) is the non-stock, non-profit umbrella organization of all life insurance companies operating in the country. It was founded in 1950.
It shall be the objective and purpose of PLIA to promote the growth of the life insurance industry in the Philippines so that it could expand its contribution to the socioeconomic development of the nation; and pursuing objective, it shall undertake:
- To propagate and spread the concept, principles and benefits of life insurance, and to this end conduct educational campaigns, training seminars, workshops, conferences, and lectures;
- To develop and implement through its members ethical norms for underwriting and management of life insurance;
- To serve as a forum for exchanging ideas and information; and for clarifying and harmonizing conflicting views on matters of concern to life insurance industry in general and the member companies in particular;
- To act as the vehicle through which problems and issues common to the life insurance industry in general may be threshed out, determined and resolved in the interest of all the member companies.
- To serve as liaison with national, regional and international organization and agencies, both governmental and non-governmental, concerned with the development, improvement and supervision of life insurance institutions.
- To promote goodwill, cooperation and understanding among the officers and staff of the member companies.