The Philippines Insurance Commission reported that Danvil Plans Inc. has paid more than PHP 1.62 billion across 17,289 claims, including 15 settled after liquidation proceedings formally closed on March 6, 2026. The distribution follows more than a decade of conservatorship and liquidation proceedings. A further 7,681 planholders have yet to claim their checks. Danvil is sending notices to these claimants and has asked them to complete the requirements needed for payment.
2026-05-23Philippines Insurance Commission
Philippines Insurance Commission reports Danvil claim payments exceeding PHP 1.62 billion, 7,681 planholders remain
The Philippines Insurance Commission reported that Danvil Plans has paid more than PHP 1.62 billion across 17,289 claims. Another 7,681 planholders have yet to claim their checks and are being contacted to complete the payment requirements.