The Philippines Insurance Commission reported preliminary first-quarter 2026 data showing higher assets, investment holdings and earnings across the health maintenance organization sector. The figures exclude one of 27 companies covered by the reporting requirements. Total assets rose 15.95% year on year to PHP 101.44 billion, while net income increased by more than 40% to PHP 818.7 million. Invested assets grew by almost 30% to PHP 23.83 billion. Membership fees increased 19.67% to PHP 26.83 billion, outpacing the 13.99% rise in benefits paid to PHP 20.15 billion and maintaining a stable benefit-to-contribution ratio.
2026-05-16Philippines Insurance Commission
Philippines Insurance Commission reports 15.95% growth in HMO assets and more than 40% rise in net income in Q1 2026
The Philippines Insurance Commission reported that HMO assets rose 15.95% year on year to PHP 101.44 billion in Q1 2026, while net income increased by more than 40% to PHP 818.7 million. Membership fees grew faster than benefits paid, maintaining a stable benefit-to-contribution ratio.