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PCIC - Philippine CropInsurance Corporation changes its status

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Magazine Issue: 
The impossible transfer of risks [3]
Magazine date: 
May 2019

PCICThe Filipino authorities plan to change the status of Philippine CropInsuranceCorp (PCIC) into a reinsurer or a private limited company. For the record, CPIC is a governmental organization in charge of providing farmers with affordable insurance covers.

Nevertheless, although transforming PCIC into a private company would enrich the insurance supply, it could lead to an unfair competition between subsidized and private companies.

Read also | AIA Group to invest 58 million USD in its subsidiary Philam Life [4]

Mon, 03/06/2019 - 13:59

Source URL: https://www.atlas-mag.net/en/article/philippine-cropinsurance-corporation-changes-its-status

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[3] https://www.atlas-mag.net/en/issue/the-impossible-transfer-of-risks
[4] https://www.atlas-mag.net/en/article/aia-group-to-invest-58-million-usd-in-its-subsidiary-philam-life"