Insurance Commission

Circular Letters

2024

Circular Letter No. 2024-04 | Application of Philippine Financial Reporting Standard 17 - Insurance Contracts ("PRFS 17") to the Audited Financial Statements ("AFS") and Reportorial Requirements of the Insurance Commission ("IC")
Circular Letter No. 2024-03 | Revised Framework on the Accreditation of External Auditors
Circular Letter No. 2024-02 | Discount Rates for Life and Non-Life Insurance Policy Reserves and Reserves for Long-Term Contracts of Health Maintenance Organizations (HMO) as of 31 December 2023
Circular Letter No. 2024-01 | Guidelines Defining Unsound Business Acts and Providing Administrative Fines for Violation Thereof

2023

Circular Letter No. 2023-25 | Salary Loans Extended to Department of Education (DepEd) Teachers
Circular Letter No. 2023-24 | Regulatory Relief on the Liquidity Requirement under Circular Letter No. 2016-41
Circular Letter No. 2023-23 | Guidelines in the Renewal of Insurance Agent's License Expiring 31 December 2023
Circular Letter No. 2023-22 | Discount Rates for Life and Non-Life Insurance Policy Reserves and Reserves for Long-Term Contracts of Health Maintenance Organizations (HMO) AS OF 30 September 2023
Circular Letter No. 2023-21 | Supplemental Guidelines on Voluntary Cessation and Withdrawal from Pre-Need Business in the Philippines
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2022

Circular Letter 2022-55 | 2022 Philippine Intercompany Mortality Study
Circular Letter 2022-54 | Setting Aside the Adoption of the Revised Schedule of Minimum Catastrophe Rates under IC CL 2022-34
Circular Letter 2022-53 | Release of Quarterly Statistics on Newly Licensed and Active Insurance Agents in the Philippines
Circular Letter 2022-52 | Submission of Quarterly Reports on Investments Made or Sold or Disposed of (QRIMSD)
Circular Letter 2022-51 | IC Advance Release Calendar and Revision Policy of Statistical Reports
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2021

Circular Letter 2021-73 | Guidelines on Requests for Financial Documents of Regulated Entities
Circular Letter 2021-72 | Deposit of Securities for Companies Currently in the Process of Complying with Section 209 of the Amended Insurance Code
Circular Letter 2021-71 | Guidelines Strengthening Typhoon "Odette" - Related Claims Management Policies
Circular Letter 2021-70 | Amendment to Section 2 of CL No. 2019-07 or the Guidelines and Grounds for Reduction of Penalties Due to Delays in the Submission of Reportorial Requirements
Circular Letter 2021-69 | Issuance and Implementation of the Revised Standard Chart of Accounts (SCA)
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Year 2020 - 2000 Circular Letters

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