Beyond protection: How insurance powers economic growth

Philstar - Oct 12, 2026

For many Filipinos, insurance is seen primarily as protection for difficult moments: an illness, an accident, the loss of a breadwinner or damage caused by a natural disaster.

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MANILA, Philippines —Manila Electric Co. (Meralco) customers will have to tighten their belts as their power bills rise this month due to higher power generation costs. On Tuesday, Meralco said electricity rates this October would increase by P0.3191 per kilowatt-hour (kWh) to P15.0615 per kWh from P14.7424 per kWh in Sept. READ: ERC orders Meralco

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