Related Republic Acts, and Implementing Rules and Regulations

Republic Act No. 11469 otherwise known as the “Bayanihan to Heal as One Act”
Republic Act No. 11494 otherwise known as the “Bayanihan to Recover as One Act”
Republic Act No. 11571 or AN ACT AUTHORIZING THE PRESIDENT TO EXPEDITE THE PROCESSING AND ISSUANCE OF NATIONAL AND LOCAL PERMITS, LICENSES AND CERTIFICATIONS IN TIMES OF NATIONAL EMERGENCY
Republic Act No. 11523 entitled “AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC”

 

Related Resolutions, Presidential Proclamations, and Administrative Orders

Resolutions, Presidential Proclamations, and Administrative OrdersTitle
PRESIDENTIAL ADMINISTRATIVE ORDER NO. 23 dated 21 February 2020ELIMINATING OVERREGULATION TO PROMOTE EFFICIENCY OF GOVERNMENT PROCESSES
PRESIDENTIAL PROCLAMATION NO. 922 dated 08 March 2020DECLARING A STATE OF PUBLIC HEALTH EMERGENCY THROUGHOUT THE PHILIPPINES
IATF RESOLUTION NO. 19 s.2020 dated 03 April 2020RECOMMENDATIONS RELATIVE TO THE MANAGEMENT OF THE CORONAVIRUS DISEASE 2019 (COVID-19) SITUATION
PRESIDENTIAL ADMINISTRATIVE ORDER NO. 29 dated 07 April 2020PRESCRIBING GUIDELINES ON THE INTERRUPTION OF PERIODS FOR THE FILING OF CASES, APPEALS, PETITIONS FOR REVIEW, AND OTHER PLEADINGS WITH THE OFFICE OF THE PRESIDENT OF THE PHILIPPINES DURING THE ENHANCED COMMUNITY QUARANTINE
PRESIDENTIAL ADMINISTRATIVE ORDER NO. 30 dated 21 April 2020DIRECTING ALL GOVERNMENT OFFICES TO FORMULATE AND ISSUE GUIDELINES ON THE INTERRUPTION OF PERIODS FOR THE FILING OF DOCUMENTS, PAYMENT OF TAXES, CHARGES AND OTHER FEES, AND CANCELLATION OF PROCEEDINGS BEFORE THEIR RESPECTIVE OFFICES, AND ON THE MOVEMENT OF TIMELINES FOR THE RELEASE OF BENEFITS
EXECUTIVE ORDER NO. 112 dated 30 April 2020, IATF RESOLUTION NO. 30 s.2020 dated 29 April 2020, IATF RESOLUTION NO. 30-A s.2020 dated 01 May 2020, and OMNIBUS GUIDELINES ON THE IMPLEMENTATION OF COMMUNITY QUARANTINE IN THE PHILIPPINES dated 29 April 2020IMPOSING AN ENHANCED COMMUNITY QUARANTINE IN HIGH-RISK GEOGRAPHIC AREAS OF THE PHILIPPINES AND A GENERAL COMMUNITY QUARANTINE IN THE REST OF THE COUNTRY FROM 01-15 MAY 2020, ADOPTING THE OMNIBUS GUIDELINES ON THE IMPLEMENTATION THEREOF, AND FOR OTHER PURPOSES, AND RECOMMENDATIONS RELATIVE TO THE MANAGEMENT OF THE CORONAVIRUS DISEASE 2019 (COVID-19) SITUATION
PRESIDENTIAL PROCLAMATION NO. 1021 dated 16 September 2020EXTENDING THE PERIOD OF THE STATE OF CALAMITY THROUGHOUT THE PHILIPPINES DUE TO CORONA VIRUS DISEASE 2019 DECLARED UNDER PROCLAMATION NO. 929, S. 2020

 

Related Insurance Commission Advisories

 

AdvisoryTitle
Administrative Advisory No. 2021-AA-016 dated 03 April 2021Services of the IC Administrative Division
Licensing Division Advisory No. 2021-03 dated 28 March 2021Off-Site Insurance Agents Qualifying Examinations
Administrative Advisory No. 2021-AA-015 dated 26 March 2021Services of the Administrative Division
Public Advisory dated 25 March 2021IC Head Office Closure - 26 March 2021
Licensing Division Advisory No. 2021-02 dated 25 March 2021Online Agent’s Computerized Examination (Online ACE) System
Administrative Advisory No. 2021-AA-013 dated 23 March 2021IC Unified Trunk Line Number
IC Memorandum dated 19 March 2021OBSERVANCE OF DOUBLE MASKING AS ADDITIONAL SAFETY PRECAUTION
Licensing Division Advisory No. 2021-01 dated 18 March 2021Relative to the Implementation of the Online Agents' Computerized Examination per Circular Letter 2021 - 15
Advisory No. 2021-02 dated 10 March 2021Timeline for the Implementation of the Online Agents' Computerized Examination per Circular Letter 2021 - 15
Administrative Advisory No. 2021-AA-008 dated 08 March 2021PLDT Direct Line Number 85167414 assigned to the Health Maintenance Organization (HMO) Division is now operational
Public Advisory dated 22 February 2021Offices/Divisions in the Insurance Commission (IC) Head Office – Manila to undergo 14-day Mandatory Self-Quarantine from 22 February to 07 March 2021
Advisory No. 01-2021 dated 10 February 2021lnsurance Commission (lC) and Land Bank of the Philippines (LBP) ePayment System
Administrative Advisory No. 2021-AA-005 dated 08 February 2021PLDT Direct Line assigned to the Health Maintenance Organization (HMO) Division
Administrative Advisory No. 2021-AA-004 dated 08 February 2021SPECIAL NON-WORKING DAY (CHINESE NEW YEAR) THROUGHOUT THE COUNTRY
Advisory No. 37-2020 dated 29 December 2020EXTENSION OF DEADLINE TO COMPLY WITH SECTION 6 ON GATHERING OF MINIMUM LDENTIFICATION LNFORMATION OF BENEFICIARY AND SECTION 18 OF CL NO. 201965 DATED 22 NOVEMBER 2019
Advisory No. 36-2020 dated 29 December 2020FURTHER EXTENSION OF SUBMISSION OF ANNUAL REPORT ON FIRE AND MOTOR CAR POLICIES AND BONDS ISSUED IN CY2019 IN ACCORDANCE WITH CIRCULAR LETTER NO. 2019-73
Administrative Advisory No. 2020-AA-052 dated 04 December 2020REGULAR HOLIDAYS AND SPECIAL (NON-WORKING) DAYS FOR DECEMBER 2020
Advisory No. 35-2020 dated 02 December 2020STRICT COMPLIANCE WITH CIRCULAR LETTER NO. 2020-102 DATED 26 OCTOBER 2020
Davao District Office Advisory dated 01 December 2020Problems with the Davao District Office's Globe Landline
Administrative Advisory No. 2020-AA-048 dated 12 November 2020Work Suspension on 13 November 2020
Administrative Advisory No. 2020-AA-047 dated 11 November 2020Work Suspension on 12 November 2020
Administrative Advisory No. 2020-AA-046 dated 11 November 2020Work Suspension on 11 November 2020
Notice to Public dated 11 November 2020Deadline for Payment of Grayline Plans Liquidation Value - First Tranche
Administrative Advisory No. 2020-AA-045 dated 11 November 2020Insurance Commission's Working PLDT Trunkline Numbers
Administrative Advisory No. 2020-AA-044 dated 10 November 2020Problems with the Insurance Commission's PLDT Trunkline Numbers (02) 85238461 to 70
Administrative Advisory No. 2020-AA-043 dated 28 October 2020Non-Working Holiday - 02 November 2020
Advisory No. 34-2020 dated 30 September 2020Insurance Commission (IC) and Land Bank of the Philippines (LBP) ePayment System
Licensing Division Advisory dated 30 September 2020Application for Renewal of Insurance Agent's Licenses with validity until 31 December 2020
Advisory No. 33-2020 dated 04 September 2020Survey Relative to the COVID-19 Pandemic
Administrative Advisory No. 2020-AA-039 dated 28 September 2020Work Suspension in the Insurance Commission and District Offices Pursuant to Memorandum Circular No. 80 of the Office of the President
Licensing Division Advisory dated 24 September 2020Enhanced Licensing System (ELS) Maintenance
Administrative Advisory No. 2020-AA-037 dated 14 September 2020Temporary Adjustments on the Services being Provided by the Administrative Division
Administrative Advisory No. 2020-AA-036 dated 10 September 2020Temporary Suspension of Services at the Records Section on 11 September 2020
Advisory No. 32-2020 dated 27 August 2020Extension of Deadline of Submission for the Catastrophe Exposures - Property Insurance Report for the Reporting Period, 1st January 2019 to 31st December 2019
Advisory No. 31-2020 dated 27 August 2020Extension on the Submission of Requirements for the Off-Site Examination on the Underwriting and Rating Practices of Non-Life Insurance Companies per Circular Letter No. 2020-84
Advisory No. 30-2020 dated 25 August 2020MONITORING OF PIGEONHOLES IN THE PREMISES OF THE INSURANCE COMMISSION
Advisory No. 29-2020 dated 24 August 2020Implementation of Section 14 and Section 18 of CL No. 2019- 65 dated 22 November 2019
Advisory No. 28-2020 dated 20 August 2020Extension of Deadlines to Comply with Section 6 on Gathering of Minimum Identification Information of Beneficiary, Section 13, Section 14, and Section 18 of CL No. 2019-65 dated 22 November 2019
Administrative Advisory No. 2020-AA-031 dated 17 August 2020Work Suspension due to Public Holidays, 21 & 31 August 2020
Office Circular No. 2020-008 dated 19 August 2020Supplemental Guidelines to Office Circular No. 2020-006 (Interim Administrative Protocols)
Advisory No. 26-2020 dated 10 August 2020ONLINE SUBMISSION OF QUARTERLY REPORTS ON ADJUSTMENT CASES EFFECTED (Adjuster Report Template, and System User Application Form - Adjuster)
Administrative Advisory No. 2020-AA-030 dated 06 August 2020Temporary Suspension of Services at the Records Section – Administrative Division on 12 and 14 August 2020
Administrative Advisory No. 2020-AA-029 dated 05 August 2020Temporary Suspension of Operations of some IC Divisions on 06 August 2020
Advisory No. 25-2020 dated 30 July 2020Implementation of Insurance Commission Appointment Reservation (ICare) System(ICare System - User Guide)
Advisory No. 24-2020 dated 30 July 2020Insurance Commission (IC) and Land Bank of the Philippines (LBP) ePayment System Expanded Transaction Types (ePayment System - User Guide)
Administrative Advisory No. 2020-AA-028 dated 30 July 2020Work Suspension for the Insurance Commission (IC) Head Office and District Offices on 31 July 2020, in observance of Eid’l Adha (Feast of Sacrifice)
Administrative Advisory No. 2020-AA-027Insurance Commission Main Office closed on 22 to 26 July 2020
Advisory No. 23-2020 dated 17 July 2020EXTENSION OF DEADLINE FOR SUBMISSION OF QUARTERLY REPORT ON SELECTED FINANCIAL STATISTICS (QRSFS) AND NEGATIVE LIST OF OFFICERS AND EMPLOYEES FOR 2O2O
Advisory No. 22-2020 dated 14 July 2020INSURANCE COMMISSION RULING ON IC CIRCULAR LETTER (CL) NO. 2020-61 REPORTORIAL REQUIREMENT DEADLINES AND THEIR APPLICABILITY
Advisory No. 21-2020 dated 14 July 2020Extension of Deadlines to Comply with CL No. 2019-65 and CL No. 2020-08, as Amended by CL 2020-68
Advisory No. 20-2020 dated 09 July 2020ONLINE SUBMISSION OF FACULTATIVE PLACEMENTS ABROAD AND PARTICULARS OF REINSURANCE TREATY (CONSOLIDATED LIST OF FACULTATIVE REINSURANCE PLACEMENTS ABROAD FORM)
Advisory No. 19-2020 dated 13 July 2020OPERATIONS IN AREAS PLACED UNDER ENHANCED COMMUNITY QUARANTINE (ECQ)
Advisory No. 18-2020 dated 06 July 2020Deadlines of Submission of Quarterly and Annual Reports for the Compilation of the Other Financial Corporations Survey (OFCS) for 2020
Advisory No. 17-2020 dated 06 July 2020Extension on the Deadline of Submission for the Quarterly Report on the Selected Financial Statistics (QRSFS) for the Quarter Ending 30 June 2020
Advisory No. 16-2020 dated 01 July 2020EXTENSION ON THE DEADLINE OF SUBMISSION FOR THE AUDITED ANNUAL REPORT FOR THE COMPILATION OF OTHER FINANCIAL CORPORATIONS SURVEY ("OFCS")
A2ii Newsflash| The Philippines Issues InsurTech Regulatory Sandbox GuidelinesThe Philippines Issues InsurTech Regulatory Sandbox Guidelines
Advisory No. 15-2020 dated 18 June 2020Online Submission of Secretary's Certificate or Board Resolution on Authorized Signatories for Issued Surety Bonds and Contractor's All-Risk Policies
Advisory No. 14-2020 dated 11 June 2020FURTHER EXTENSION OF SUBMISSION OF ANNUAL REPORT ON FIRE AND MOTOR CAR POLICIES AND BONDS ISSUED IN CY 2019 PER CIRCULAR LETTER NO. 2019-73
Notice to the PublicPrudentialife Plans, lnc. (PPl) Memorial Planholders Tranche Distribution
Advisory No. 13-2020 dated 15 June 2020Period of Filing of 2019 Audited Financial Statements and 2019 Annual Statements (and its Required Attachments)
Advisory No. 12-2020 dated 11 June 2020Guidelines on the Electronic Submission of Audited Financial Statements and Attachments
Advisory No. 11-2020 dated 02 June 2020Submission of HMOs' 2019 Audited Financial Statements and Other Requirements under CL 2020-59
Notice to the PublicCease and Desist Order for PRIME CARE KAAGAPAY LIFE PLAN, lNC.
Advisory No. 10-2020 dated 01 June 2020Annexes of HMO Filing Requirements under lC Circular Letter No. 2020-59
Office Circular No. 2020-007 dated 30 May 2020Interim Guidelines for Alternative Work Arrangements in the Insurance Commission Head Office During the Community Quarantine Period (Annex A, Annex B), and Annex C)
Advisory No 08-2020 dated 18 May 2020Resumption of Operations and Working Hours of the Suretyship Unit
Advisory No 07-2020 dated 18 May 2020Resumption of Operations at the IC Cashier
Office Circular No. 2020-06Interim Administrative Protocols in the Insurance Commission During the Community Quarantine in the Philippines Due to COVID-19 Pandemic (Annex A and Annex B)
Advisory to the Public dated 01 May 2020EXTENSION OF SUBMISSION OF SURVEY FORM RELATIVE TO THE COVID-19
Presidential Communications Operations Office Advisory No. 03, S. 2020Extension of the Suspension of the Period to Resolve FOI Requests due to COVID-19
Advisory to the Public dated 17 April 2020SURVEY FORM RELATIVE TO THE COVID-19
Advisory to the Public dated 03 April 2020Work Suspension in Observance of Holy Week
IC Davao District Office Advisory dated 27 March 2020Skeletal Workforce and Reduced Working Schedule
IC Cebu District Office Advisory dated 23 March 2020Work Suspension at the IC Cebu District Office
Advisory to the Public dated 22 March 2020Operations at the IC Head Office (IC Manila Office)
IC Davao District Office Advisory dated 17 March 2020Suspension of All Scheduled Activities at the IC Davao District Office
Administrative Advisory No. 2020-AA-019Work Suspension at IC Manila from 17 March until further notice
Administrative Advisory No. 2020-AA-016Work Suspension at IC Manila from 16 March until 12 April 2020
Administrative Advisory No. 2020-AA-014Insurance Commission Work Suspension on 13 March 2020
Licensing Division Advisory No. 2020-002IC Head Office Work Suspension on 13 March 2020
Licensing Division Advisory No. 2020-001Suspension of Qualifying Agent's Examinations dated 11 March 2020
Administrative Advisory No. 2020-AA-013Insurance Commission’s (IC) precautionary measures to help prevent the spread of COVID-19

 

Related IC Circular Letters

 

Circular LetterTitle
Circular Letter 2021-23GUIDELINES ON THE ONLINE SUBMISSION OF THE 2020 AUDITED FINANCIAL STATEMENTS AND ATTACHMENTS (Form A. Form B, Form C, and Form D)
Circular Letter 2021-22OPERATIONS OF HEALTH MAINTENANCE ORGANIZATIONS AND HEALTH INSURANCE PROVIDERS UNDER THE ENHANCED COMMUNITY QUARANTINE (ECQ)
Circular Letter 2021-21SUBMISSION OF THE 2020 ANNUAL STATEMENT (TEMPLATE FOR THE ATTACHMENT)
Circular Letter 2021-20ADOPTION OF THE ANNUAL CORPORATE GOVERNANCE REPORT (ACGR),
Circular Letter 2021-19 GUIDELINES ON THE ELECTRONIC SUBMISSION OF THE 2020 ANNUAL STATEMENT (MBA) - (MBA Annexes)
Circular Letter 2021-18PROVIDING THE PROTOCOL FOR PRE-NEED COMPANIES IN FINANCIAL DISTRESS WHICH ARE AT THE SAME TIME UNDERGOING REHABILITATION OR OTHER PROCEEDINGS UNDER REPUBLIC ACT NO. 10142, OTHERWISE KNOWN AS THE “FINANCIAL REHABILITATION AND INSOLVENCY ACT (FRIA) OF 2010”
Circular Letter 2021-17GUIDELINES ON THE ELECTRONIC SUBMISSION OF THE 2020 ANNUAL STATEMENT (LIFE) - (LIFE Annexes)
Circular Letter 2021-16ONLINE SUBMISSION OF DOCUMENTS AND SCHEDULES TO SUPPORT OWNERSHIP OF ASSETS
Circular Letter 2021-15GUIDELINES ON THE CONDUCT OF INSURANCE AGENTS' QUALIFYING EXAMINATIONS THROUGH THE ONLINE AGENTS' COMPUTERTZED EXAMINATIONS (ONLINE ACE) SYSTEM
Circular Letter 2021-14ONLINE SUBMISSION OF PRE-NEED MONTHLY REPORTS
Circular Letter 2021-13ADDITIONAL QUARTERLY REPORTS OF PRE-NEED COMPANIES
Circular Letter 2021-12DISSEMINATION OF THE REPUBLIC ACT NO. 11521 ENTITLED "AN ACT FURTHER STRENGTHENING THE ANTI-MONEY LAUNDERING LAW, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 9160, OTHERWISE KNOWN AS THE ANTI-MONEY LAUNDERING ACT OF 2001", AS AMENDED"
Circular Letter 2021-11GUIDELINES ON THE ADOPTION OF A REGULATORY SANDBOX FRAMEWORK FOR FINANCIAL TECHNOLOGY (FINTECH) INNOVATIONS FOR HEALTH MAINTENANCE ORGANIZATIONS (HMOS) AND PRE-NEED COMPANIES
Circular Letter 2021-10GUIDELINES ON ELECTRONIC COMMERCE OF HMO PRODUCTS
Circular Letter 2021-09GUIDELINES ON ELECTRONIC COMMERCE OF PRE-NEED PRODUCTS
Circular Letter 2021-08GUIDELINES IN THE CONDUCT OF OFF-SITE SPECIAL QUALIFYING INSURANCE AGENTS’ EXAMINATIONS IN CEBU CITY AND DAVAO CITY
Circular Letter 2021-07PREPAID FACILITATION FEES ARISING FROM BANCASSURANCE ARRANGEMENTS AS NON-ADMITTED ASSETS
Circular Letter 2021-06GUIDELINES ON THE ELECTRONIC SUBMISSION OF REQUESTS FOR INVESTMENT APPROVAL, COMPLIANCE WITH SECURITY DEPOSIT REQUIREMENTS AND FILING OF REPORTORIAL REQUIREMENTS (Annex A - Report on Investments Made and Sold or Disposed Of, Annex B - Report on Derivative Transactions, Annex C1 - Statement of Capital, Reserves and Surplus Investments (Life), Annex C2 - Statement of Capital, Reserves and Surplus Investments (Non-Life), Annex D - Report on Material Related Party Transactions, Annex E - Statement of Rental Income, Annex F - Report on Investments held under IMA, and Annex G - Checklist of Requirements as published in the IC Citizen)
Circular Letter 2021-05REFERENCE FOR VALUATION OF PUBLICLY LISTED EQUITIES AND THE FOREIGN CURRENCIES EXCHANGE RATES AS OF YEAR-END 2020
Circular Letter 2021-04AMENDMENT OF THE STANDARD CHART OF ACCOUNTS (SCA) FOR MUTUAL BENEFIT ASSOCIATIONS (MBAs) - (ANNEX B)
Circular Letter 2021-03DISCOUNT RATES FOR LIFE AND NON-LIFE INSURANCE POLICY RESERVES AND RESERVES FOR LONG-TERM CONTRACTS OF HEALTH MAINTENANCE ORGANIZATIONS (HMO) AS OF 31 DECEMBER 2020
Circular Letter 2021-02REVISED GUIDELINES ON THE DECLARATION AND/OR DISTRIBUTION OF DIVIDENDS
Circular Letter 2021-01GUIDELINES IN THE CONDUCT OF OFF-SITE SPECIAL QUALIFYING INSURANCE AGENTS’ EXAMINATIONS
Circular Letter 2020-113DISSEMINATION OF THE AMLC ADVISORY NO. 1012 ON DESIGNATED NON-
FINANCIAL BUSINESSES AND PROFESSIONS (DNFBPS)
Circular Letter 2020-112GUIDELINES ON FORMAL CLOSURE OF LIQUIDATION PROCEEDINGS FOR PRE-NEED COMPANIES UNDER LIQUIDATION AND FINAL DISPOSAL AND DISTRIBUTION OF ASSETS INCLUDING UNCLAIMED BENEFITS
Circular Letter 2020-111APPROVAL OF FACULTATIVE REINSURANCE PLACEMENTS ABROAD (Annex A, B1, and B2, Annex C, D1, and D2, and Annex E)
Circular Letter 2020-110GUIDELINES STRENGTHENING TYPHOON “ULYSSES” RELATED CLAIMS MANAGEMENT POLICIES
Circular Letter 2020-109GUIDELINES ON INSTITUTIONALIZATION OF "REMOTE SELLING INITIATIVES" AS A PERMANENT MODE OF SELLING INSURANCE PRODUCTS
Circular Letter 2020-108AMENDED FRAMEWORK FOR PASSENGER PERSONAL ACCIDENT INSURANCE (PPAI) FOR PUBLIC UTILITY VEHICLES
Circular Letter 2020-107AMENDMENT TO SECTION 5, CIRCULAR LETTER NO. 2020-86 DATED 27 AUGUST 2020
Circular Letter 2020-106GUIDELINES STRENGTHENING SUPER TYPHOON "ROLLY"-RELATED CLAIMS MANAGEMENT POLICIES
Circular Letter 2020-105DISSEMINATION OF THE SANCTIONS GUIDELINES
Circular Letter 2020-104DISSEMINATION OF AMLC REGULATORY ISSUANCE NO. 4, SERIES OF 2020, ON FREEZE ORDER FOR POTENTIAL TARGET MATCHES UNDER THE UNITED NATIONS SECURITY COUNCIL CONSOLIDATED LISTS (TARGETED FINANCIAL SANCTIONS)
Circular Letter 2020-103AMENDMENT TO SECTION 1 OF CIRCULAR LETTER NO. 2020-60 DATED 15 MAY 2020 ON "REGULATORY RELIEF ON NET WORTH REQUIREMENTS AND GUIDELINES ON THE IMPLEMENTATION OF AMENDED RISK-BASED CAPITAL (RBC2) FRAMEWORK FOR CALENDAR YEAR 2020"
Circular Letter 2020-102AMENDMENT TO SECTION 5 OF CIRCULAR LETTER NO. 2020-69 DATED 11 JUNE 2020, RE: VALIDITY PERIOD OF TEMPORARY LICENSES
Circular Letter 2020-101GUIDELINES ON THE USE OF VIDEO CONFERENCING FOR THE CONDUCT OF MEDIATION/CONCILIATION CONFERENCES AND OTHER ADR PROCEEDINGS BEFORE THE PAMD
Circular Letter 2020-100IMPLEMENTATION REQUIREMENTS FOR CIRCULAR LETTER NO. 2O2O-22 VALUATION STANDARDS FOR HEALTH MAINTENANCE ORGANIZATION (HMO) AGREEMENT LIABILITIES AND QUARTERLY AND ANNUAL REPORTING FOR HMOs (HMO Valuation Template)
Circular Letter 2020-99ADOPTION OF THE INSURANCE COMMISSION FINANCIAL CRISIS MANAGEMENT AND RESOLUTION HANDBOOK
Circular Letter 2020-98DISCOUNT RATES FOR LIFE INSURANCE POLICY RESERVES AS OF 30 SEPTEMBER 2020
Circular Letter 2020-97DISCOUNT RATES FOR NON-LIFE INSURANCE POLICY RESERVES AS OF 30 SEPTEMBER 2020
Circular Letter 2020-96AAMENDED FRAMEWORK FOR PASSENGER PERSONAL ACCIDENT INSURANCE (PPAI) FOR PUBLIC UTILITY VEHICLES
Circular Letter 2020-96FRAMEWORK FOR PASSENGER PERSONAL ACCIDENT INSURANCE (PPAI) FOR PUBLIC UTILITY VEHICLES
Circular Letter 2020-95GUIDELINES IN THE INTERPRETATION AND APPLICATION OF SECTION 4 (UU) OF REPUBLIC ACT NO. 11494, OTHERWISE KNOWN AS THE “BAYANIHAN TO RECOVER AS ONE ACT”
Circular Letter 2020-94AMENDED GUIDELINES ON DOCUMENTARY REQUIREMENTS FOR PROCESSING CLAIMS IN MOTOR INSURANCE
Circular Letter 2020-93SUSPENSION OF THE IMPOSITION OF PENALTY FOR THE NON-FILING, LATE FILING, AND FAILURE TO COMPLY WITH COMPULSORY NOTIFICATION AND OTHER REPORTORIAL REQUIREMENTS DURING THE PERIOD OF COMMUNITY QUARANTINE
Circular Letter 2020-92GUIDELINES ON DOCUMENTARY REQUIREMENTS FOR PROCESSING CLAIMS IN MOTOR INSURANCE
Circular Letter 2020-91AMENDMENT TO CIRCULAR LETTER NO. 2018-10 ON RULES AND REGULATIONS IN THE USE OF TRAFFIC ACCIDENT INVESTIGATION REPORT AS AN ALTERNATIVE TO POLICE REPORT AS A REQUIREMENT IN PROCESSING INSURANCE CLAIMS IN MOTOR INSURANCE
Circular Letter 2020-90ONLINE SUBMISSION OF REPORTS ON NEGATIVE LIST OF OFFICERS AND EMPLOYEES
Circular Letter 2020-89GUIDELINES IN THE TREATMENT OF CREDITABLE WITHHOLDING TAXES (CWTS)
Circular Letter 2020-88AMENDMENT TO CIRCULAR LETTER NO. 2020-70 ON THE DIGITAL PAYMENTS PROCESS
Circular Letter 2020-87GUIDELINES ON THE IMPOSITION OF PENALTY FOR THE LATE FILING AND/OR SUBMISSION OF VARIOUS REGULATORY DOCUMENTARY REQUIREMENTS BY REASON OF THE IMPOSITION OF COMMUNITY QUARANTINE IN DIFFERENT AREAS IN THE PHILIPPINES
Circular Letter 2020-86GUIDELINES TO PROTECT PERSONS WITH DISABILITIES (PWDS) FROM ANY FORM OF DISCRIMINATION IN THE INSURANCE INDUSTRY
Circular Letter 2020-85DISSEMINATION OF ANTI-MONEY LAUNDERING COUNCIL'S ADVISORY ON CTRS, STRS, AND KYC DOCUMENT SUBMISSIONS DURING THE MECQ UNTIL 18 AUGUST 2020
Circular Letter 2020-84OFF-SITE EXAMINATION ON THE UNDERWRITING AND RATING PRACTICES OF NON-LIFE COMPANIES (Template A, Template B, Template C, Risk Register Template, Certification Template, and System User Application Form)
Circular Letter 2020-83DISSEMINATION OF INFORMATION ON THE GEORISK PHILIPPINES INITITATIVE AS AN UNDERWRITING TOOL FOR NON-LIFE INSURANCE COMPANIES
Circular Letter 2020-82GUIDELINES ON SUSPENSION OF REGLEMENTARY PERIODS DURING THE MODIFIED ENHANCED COMMUNITY QUARANTINE (MECQ) PERIOD FROM 4 TO 18 AUGUST 2020
Circular Letter 2020-81GUIDELINES ON THE OPERATIONS OF REGULATED ENTITIES UNDER THE MODIFIED ENHANCED COMMUNITY QUARANTINE (MECQ) EFFECTIVE AUGUST 4 TO 18, 2020
Circular Letter 2020-80ONLINE UPLOADING OF QUARTERLY REPORTS ON SELECTED FINANCIAL STATISTICS (QRSFS) (Annex A, Annex B, Annex C, Annex D, and Annex E)
Circular Letter 2020-79DISCOUNT RATES FOR LIFE INSURANCE POLICY RESERVES AS OF 30 JUNE 2020
Circular Letter 2020-78DISCOUNT RATES FOR NON-LIFE INSURANCE POLICY RESERVES AS OF 30 JUNE 2020
Circular Letter 2020-77SUPPLEMENTAL GUIDELINES ON ANNUAL REPORTING OF BUSINESS PROCESS OUTSOURCING (BPO) ACTIVITIES UNDER SECTION 1 OF CIRCULAR LETTER NO. 2019-49, AS AMENDED BY SECTION 1 OF CIRCULAR LETTER NO. 2019-54
Circular Letter 2020-76ONLINE SUBMISSION OF REQUESTS FOR APPROVAL OF PRODUCTS/FORMS OR ANY OTHER RELATED REQUESTS (Annex A)
Circular Letter 2020-75SUBMISSION OF CATASTROPHE EXPOSURES -PROPERTY INSURANCE REPORTS (Annex A, Manual for Annex A, Annex B, Manual for Annex B, Annex C, and Annex D)
Circular Letter 2020-74GUIDELINES ON THE USE OF VIDEOCONFERENCING FOR THE CONDUCT OF HEARINGS AND OTHER PROCEEDINGS BEFORE THE CAD AND REPD
Circular Letter 2020-73GUIDELINES ON THE ADOPTION OF A REGULATORY SANDBOX FRAMEWORK FOR INSURANCE TECHNOLOGY (InsurTech) INNOVATIONS
Circular Letter 2020-72SUBMISSION OF THE ANNUAL CORPORATE GOVERNANCE REPORT (ACGR)
Circular Letter 2020-71REVISED CODE OF CORPORATE GOVERNANCE FOR INSURANCE COMMISSION REGULATED COMPANIES
Circular Letter 2020-70RECOGNITION OF DIGITAL PAYMENTS AS AN INTEGRAL PART OF INSURANCE TECHNOLOGY (INSURTECH), PROVIDING FOR ITS FRAMEWORK, AND ENCOURAGING ITS ADOPTION IN INSURANCE TRANSACTIONS
Circular Letter 2020-69GUIDELINES ON ISSUANCE OF TEMPORARY LICENSE TO NEW INSURANCE AGENT DURING THE STATE OF PUBLIC HEALTH EMERGENCY DUE TO THE CORONA VIRUS DISEASE 2019 (COVID-19)
Circular Letter 2020-68FURTHER EXTENSION OF PERIOD TO COMPLY WITH SECTION 29 OF CL NO. 2019-65 AND SUBMIT DULY ACCOMPLISHED AND CERTIFIED UNDER OATH AML AND CTF COMPLIANCE QUESTIONNAIRE UNDER CL NO. 2020-08
Circular Letter 2020-67DISSEMINATION OF ANTI-MONEY LAUNDERING COUNCIL'S ADVISORY ON CTRS, STRS, AND KYC DOCUMENTS SUBMISSIONS DURING THE MECQ UNTIL 31 MAY 2020
Circular Letter 2020-66INTERIM GUIDELINES ON THE DECLARATION AND/OR DISTRIBUTION OF DIVIDENDS WITH THE END IN VIEW OF CONSERVING CAPITAL DUE TO THE PROJECTED ECONOMIC IMPACT OF THE COVID-19 PANDEMIC
Circular Letter 2020-65INSURANCE COMMISSION'S COMPLIANCE WITH NATIONAL BUDGET CIRCULAR (NBC) NO. 580 DATED 22 APRIL 2020 ISSUED BY THE DEPARTMENT OF BUDGET AND MANAGEMENT ("DBM")
Circular Letter 2020-64DISSEMINATION OF THE ANTI-MONEY LAUNDERING COUNCIL (AMLC) REGULATORY ISSUANCE A, B, AND C NO. 1, SERIES OF 2020 ON THE AMENDMENTS TO CERTAIN PROVISIONS OF THE 2018 IMPLEMENTING RULES AND REGULATIONS (IRR) OF REPUBLIC ACT NO. 9160, AS AMENDED
Circular Letter 2020-63REGULATORY RELIEF FROM THE EXPOSURE LIMIT APPLIED TO FINANCIAL ASSISTANCE PROGRAM OF INSURANCE COMPANIES
Circular Letter 2020-62AMENDMENT OF SEC 1 OF CL NO. 2018-69; DEFERRAL OF IFRS 17 IMPLEMENTATION
Circular Letter 2020-61SUPPLEMENTAL GUIDELINES IN THE REVISED FRAMEWORK ON THE SELECTION OF EXTERNAL AUDITORS (EAs)
Circular Letter 2020-60REGULATORY RELIEF ON NETWORTH REQUIREMENTS AND GUIDELINES ON THE IMPLEMENTATION OF AMENDED RISK-BASED CAPITAL (RBC2) FRAMEWORK FOR CALENDAR YEAR 2020
Circular Letter 2020-59ONLINE SUBMISSION OF ANNUAL STATEMENTS, AUDITED FINANCIAL STATEMENTS AND ATTACHMENTS (Checklist - Life, Checklist - Non-Life, Checklist - Pre-Need, Checklist - MBAs, Checklist - HMOs (Annex A, Annex B, Annex C, Annex D, and Annex E) and Checklist - Brokers)
Circular Letter 2020-58REGULATORY RELIEF ON THE ADMITTANCE OF PREMIUMS RECEIVABLE DUE TO THE COVID-19 PENDEMIC
Circular Letter 2020-57OPERATIONS OF REGULATED ENTITIES UNDER THE MODIFIED ENHANCED COMMUNITY QUARANTINE (MECQ)
Circular Letter 2020-56GUIDELINES ON THE ISSUANCE OF CERTIFICATION PURSUANT TO REPUBLIC ACT (R.A.) NO. 9184 DURING THE PERIOD OF COMMUNITY QUARANTINE
Circular Letter 2020-55EXTENSION OF EFFECTIVITY OF CIRCULAR LETTER NO. 2020-29 DATED 30 MARCH 2020, AS AMENDED BY CIRCULAR LETTER NO. 2020-46 DATED 22 APRIL 2020, ON "GUIDELINES GOVERNING INITIATIVES OF LIFE INSURANCE COMPANIES TO SELL LIFE INSURANCE PRODUCTS TO THE PUBLIC DURING THE ENHANCED COMMUNITY QUARANTINE ('ECQ') PERIOD DUE TO THE COVID-19 PANDEMIC"
Circular Letter 2020-54EXTENSION OF EFFECTIVITY OF CIRCULAR LETTER NO. 2020-36 DATED 7 APRIL 2020 ON "GUIDELINES GOVERNING INITIATIVES OF NON-LIFE INSURANCE COMPANIES TO SELL NON-LIFE INSURANCE PRODUCTS TO THE PUBLIC DURING THE ENHANCED COMMUNITY QUARANTINE ('ECQ') PERIOD DUE TO THE COVID-19 PANDEMIC"
Circular Letter 2020-53PRIVACY LAW IMPLICATIONS OF DISCLOSURE OF CERTAIN PERSONAL INFORMATION TO THE NATIONAL BUREAU OF INVESTIGATION ("NBI")
Circular Letter 2020-52EXTENSION OF PERIOD TO UPLOAD THE COVERED COMPANIES' DULY ACCOMPLISHED ACGS RESPONSE FORMS TO THEIR RESPECTIVE WEBSITES
Circular Letter 2020-51SUPPLEMENTAL GUIDELINES GOVERNING THE EXEMPTION OF HEALTH INSURANCE PROVIDERS AND HMO PERSONNEL IN THE IMPLEMENTATION OF THE ENHANCED COMMUNITY QUARANTINE (ECQ)
Circular Letter 2020-50DISSEMINATION OF AMLC REGULATORY ISSUANCE (ARI) NO. 2, SERIES OF 2020, ON EXTENSION OF DEADLINE FOR COMPLIANCE WITH THE DIGICUR
Circular Letter 2020-49DISSEMINATION OF ANTI-MONEY LAUNDERING COUNCIL'S ADVISORIES ON SUBMISSION OF CTRS, STRS, AND KYC DOCUMENTS DURING THE ECQ PERIOD
Circular Letter 2020-48DISSEMINATION OF FINANCIAL ASSISTANCE PROGRAM FOR DEPENDENTS OF COVID-19 VICTIMS OF SGI PHILIPPINES GENERAL INSURANCE CO., INC.
Circular Letter 2020-47AMENDED GUIDANCE ON THE SUBMISSION OF QUARTERLY REPORTS ON FINANCIAL REPORTING FRAMEWORK (FRF), RISK-BASED CAPITAL (RBC2) AND INSURANCE POLICY RESERVE VALUATION STANDARDS, AND STATUS REPORT ON IFRS17
Circular Letter 2020-46AMENDMENT TO SECTION 1 OF CIRCULAR LETTER NO. 2020-29 DATED 30 MARCH 2020 ON GUIDELINES GOVERNING INITIATIVES OF LIFE INSURANCE COMPANIES TO SELL LIFE INSURANCE PRODUCTS TO THE PUBLIC DURING THE ENHANCED COMMUNITY QUARANTINE (ECQ) PERIOD DUE TO THE COVID-19 PANDEMIC
Circular Letter 2020-45AMENDMENTS TO CIRCULAR LETTER NO. 2019-71 PRODUCT OVERSIGHT AND GOVERNANCE
Circular Letter 2020-44GUIDELINES ON THE ELECTRONIC FILING OF COMPLAINTS, OTHER PLEADINGS, AND/OR MOTIONS DURING THE ENHANCED COMMUNITY QUARANTINE (ECQ) PERIOD DUE TO THE CORONA VIRUS DISEASE 2019 (COVID-19) PANDEMIC
Circular Letter 2020-43EXTENSION OF PERIODS FOR FILING AND SUBMISSION OF REGULATORY DOCUMENTARY REQUIREMENTS BY REASON OF THE EXTENSION OF THE ENHANCED COMMUNITY QUARANTINE (“ECQ”) UNTIL 30 APRIL 2020
Circular Letter 2020-42WAIVER OF NOTARIZATION REQUIREMENT AND USE OF ELECTRONIC SIGNATURE ON APPLICATIONS FOR ISSUANCE OF INSURANCE AGENT’S LICENSE DURING THE ENHANCED COMMUNITY QUARANTINE (ECQ)
Circular Letter 2020-41CLARIFICATION AS REGARDS SECTION 5 OF CIRCULAR
LETTER NO. 2020-12 ON SUSPENSION OF AUTOMATIC
APPROVALS OF TRANSACTIONS AND/OR APPLICATIONS
OR REQUESTS FOR SERVICES
Circular Letter 2020-40IMPLEMENTING GUIDELINES GOVERNING THE EXEMPTION OF HEALTH INSURANCE PROVIDERS AND HMOS PERSONNEL IN THE IMPLEMENTATION OF THE ENHANCED COMMUNITY QUARANTINE (ECQ) AS DIRECTED UNDER IATF RESOLUTION NO. 19
Circular Letter 2020-39CLASSIFYING MUTUAL BENEFIT ASSOCIATIONS (MBAS) AS HEALTH INSURANCE PROVIDERS UNDER IATF-EID RESOLUTION NO. 19, AND SUPPLEMENTING CIRCULAR LETTER NO. 2020-33
Circular Letter 2020-38GUIDELINES IN THE FILING OF PRE-NEED 2019 ANNUAL STATEMENTS (Annex A-1, Annex A-2, and Annex B)
Circular Letter 2020-37RELAXATION OF CUSTOMER IDENTIFICATION DOCUMENT REQUIREMENTS DURING ENHANCED COMMUNITY QUARANTINE (ECQ) DUE TO COVID-19 PANDEMIC
Circular Letter 2020-36GUIDELINES GOVERNING INITIATIVES OF NON-LIFE INSURANCE COMPANIES TO SELL NON-LIFE INSURANCE PRODUCTS TO THE PUBLIC DURING THE ENHANCED COMMUNITY QUARANTINE (ECQ) PERIOD DUE TO THE COVID-19 PANDEMIC
Circular Letter 2020-35DISCOUNT RATES FOR NON-LIFE INSURANCE POLICY RESERVES AS OF 31 MARCH 2020 (Annex A and B)
Circular Letter 2020-34DISCOUNT RATES FOR LIFE INSURANCE POLICY RESERVES AS OF 31 MARCH 2020 (Annex A and B)
Circular Letter 2020-33DECLARATION OF HMOs AND HEALTH INSURANCE COMPANIES AS HEALTH FRONTLINE SERVICES AND EXEMPTING THEM FROM THE ENHANCED COMMUNITY QUARANTINE (ECQ)
Circular Letter 2020-32Submission of Reportorial Requirements
Circular Letter 2020-31Submission of Financial Reportorial Requirements HMO
Circular Letter 2020-30Clarification as regards Section 5 of Circular Letter No. 2020-12 on Suspension of Automatic Approvals of Transactions and/or Applications or Requests for Services
Circular Letter 2020-29Guidelines Governing Initiatives of Life Insurance Companies to Sell Life Insurance Products to the Public During the Enhanced Community Quarantine (“ECQ”) Period Due to the COVID-19 Pandemic
Circular Letter 2020-28A Call to Provide Relief and Assistance Programs to Aid Sales Agents that Earn on Commission Basis During this COVID-19 Pandemic
Circular Letter 2020-27Extension of Period Under Circular Letter No. 2019-65 Dated 22 November 2019
Circular Letter 2020-26Period for Filing of 2019 Audited Financial Statements and Attachments without Penalty in View of the the COVID-19 Pandemic
Circular Letter 2020-25Guidelines on the Issuance of Extension of Coverage or Hold Cover in Insurance Policies, Pre-Need Plans and Agreements due to COVID-19 Pandemic in the Philippines
Circular Letter 2020-24A Call for Responsive Action on the Coverage of Covid-19 Coronavirus-Related Conditions in Health Insurance Policies and HMO Agreements
Circular Letter 2020-23Filing of Audited Financial Statements and Attachments (Annex A, Annex B, and Annex C)
Circular Letter 2020-22Valuation Standards for Health Maintenance Organization (HMO) Agreement Liabilities (Attachment, Addendum, and Annex A)
Circular Letter 2020-21Compliance with the PhP 900 Million Minimum Networth and Minimum Capital Investment Requirements as of 31 December 2019
Circular Letter 2020-20Filing of 2019 Annual Statements / 2019 Audited Financial Statements
Circular Letter 2020-19Guidelines Governing Initiatives of Life Insurance Companies to Grant Additional Benefits or Free Insurance Coverage to Customers Affected by COVID-19 Corona Virus Outbreak
Circular Letter 2020-18Guidelines regarding the extension of grace period of all Insurance, Pre-Need, and HMO Policies/Agreements due to COVID-19 Outbreak in the Philippines
Circular Letter 2020-17Revised Annual Statement Template - MBAs (Revised MBA Template)
Circular Letter 2020-16Filing of the 2019 Annual Statement for Mutual Benefits Associations (Annex A, MBA Format No. 1, 1A, 2, & 2A, and MBA Format No. 12)
Circular Letter 2020-15Filing of the 2019 Annual Statement for Life Insurance Companies and Life Units of Composite Insurance Companies (Annex A, Annex B, and Annex C)
Circular Letter 2020-14Special Guidelines in the Processing of Transactions by the Suretyship Unit of the Insurance Commission during the Community Quarantine Period
Circular Letter 2020-13Guidelines Strengthening COVID-19 Corona Virus related Claims Management Policies
Circular Letter 2020-12Guidelines Governing the Conduct of Business in the Insurance Commission during the Community Quarantine Period