Etiqa Philippines, a trusted provider of life and general insurance solutions, has reaffirmed its dedication to financial security with the successful renewal of its Certificate of Authority from the Insurance Commission. This milestone underscores the company’s continued compliance with stringent regulatory requirements and its strong financial position in the insurance industry.

The renewal process highlighted Etiqa’s impressive Risk-Based Capital Ratios (RBC2), with 181% for its life insurance business and 608% for its non-life insurance division — well above the regulatory threshold. These figures signify the company’s robust financial health, ensuring its capability to cover risks and long-term obligations while safeguarding the interests of policyholders.

[L-R] Gary Orcine, Head of General Insurance; Philippe Guzman, Head of Digital and Technological Services (DTS); Modesta Mammuad, Chief Operating Officer (Consultant); Anthony Lou Bernabe, President and CEO; Hazel Don, Head of Human Capital; Gladys Pascual, Head of Strategy and Transformation; Rogelio Sotelo, Head of Group Insurance.

As a member of the Maybank Group, one of the largest and most financially stable institutions in the region, Etiqa Philippines has consistently demonstrated financial resilience and reliability. Over the years, the company has introduced innovative insurance products aimed at enhancing financial security and inclusivity for Filipinos.

The license renewal coincides with a leadership transition, as Etiqa Philippines welcomes Anthony Lou Bernabe as its new President and Chief Executive Officer. Bernabe, who brings decades of experience in the insurance and financial services sector, emphasized the company’s commitment to expanding insurance accessibility and driving sustainable growth.

As part of its expansion strategy, Etiqa Philippines has relocated its headquarters to Makati City, integrating green building technology aligned with Leadership in Energy and Environmental Design (LEED) standards. This move reinforces the company’s sustainability initiatives while enhancing the work environment for employees and improving customer service.

With its unwavering commitment to ethics and excellence — values embedded in its name — Etiqa continues to innovate and grow responsibly. Moving forward, the company remains steadfast in its mission to provide exceptional insurance solutions and uphold its role as a trusted partner in financial security for Filipinos.


ABOUT THE AUTHOR

Robert “Bob” Reyes is a technologist, an ICT Consultant and Tech Speaker, a certified Google IT Support Specialist, and an Open Source advocate representing the global non-profit Mozilla (makers of Firefox) in the Philippines. Bob is a Technology Columnist for the Manila Bulletin Publishing Corporation and an aviation subject matter expert contributor for Spot.PH.

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