2018 Circular Letters

Circular LetterTitle
Circular Letter 2018-34Supplement to Circular Letter No. 2017-12: Payment for Qualifying Insurance Agents’ Examinations Through the ACE System
Circular Letter 2018-33Issuance of Insurance Commission Rulings (ICR)
Circular Letter 2018-32Reinsurance of Outstanding Policies of Insurance Companies and MBAs under Conservatorship, Receivership, or Liquidation
Circular Letter 2018-31Filing of HMO’s Audited Financial Statements (AFS) (HMO AS Template, Annex A - Checklist of Documents)
Circular Letter 2018-30Guidelines for Non-Life Insurance Companies with (1) Existing Servicing Licenses prior to 5 May 2017; or (2) Pending applications for Servicing Licenses prior to 5 May 2017
Circular Letter 2018-29Supplements to Circular Letter No. 2017-31 on Filing of Audited Financial Statements
Circular Letter 2018-28Discount Rates for Non-Life Insurance Policy Reserves as of 31 March 2018
Circular Letter 2018-27Discount Rates for Life Insurance Policy Reserves as of 31 March 2018
Circular Letter 2018-26Creation of a Technical Working Group Tasked to Update the Code of Corporate Governance and Corporate Governance Scorecard for the Insurance Commission Regulated Entities
Circular Letter 2018-25Guidelines on Companies that Fail to Comply with the Net Worth Requirement of Section 194
Circular Letter 2018-24Revised Annual Statement - Life Insurance Companies (2017 Revised AS Life Template)
Circular Letter 2018-23Filing of 2017 Annual Statement – Mutual Benefit Associations (MBAs)
Circular Letter 2018-22Filing of 2017 Annual Statement – Life Insurance Companies
Circular Letter 2018-21Filing of 2017 Annual Statement (2017 NON LIFE ANNUAL STATEMENT- TEMPLATE Version 2, Revisions on the 2017 Annual Statement, 2017 AS Checklist, Transition Difference, SEGURO Template, and RBC 2 Template)
Circular Letter 2018-20Amendment of the Transitory Provision under Circular Letter No. 2017-19 “Guidelines on the Approval of HMO Products and Forms"
Circular Letter 2018-19Amendment to Circular Letter No. 2016-69 “Implementation Requirements for Financial Reporting, Valuation Standards for Insurance Policy Reserves and Amended Risk-Based Capital (RBC2) Framework
Circular Letter 2018-18Valuation Standards for Non-Life Insurance Policy Reserves (Annex)
Circular Letter 2018-17Standard Chart of Accounts (SCA) - Brokers
Circular Letter 2018-16Guidelines in the Conduct of Off-Site Regular and Special Qualifying Insurance Agent’s Examinations for the Calendar Year 2018
Circular Letter 2018-15Amendment to item 11.B.1.d.iii. Fully Paid Plans of Insurance Commission Circular Letter No. 2018-01 on the Adoption and Implementation of the Manual of Examination of Pre-Need Companies
Circular Letter 2018-14Guidelines in the Handling of Complaints Filed Against Health Maintenance Organizations
Circular Letter 2018-13Submission of Particulars of Reinsurance Treaties
Circular Letter 2018-12Rules on Infusion of Real Property to Cover Net Worth Deficiencies and Capital Impairment
Circular Letter 2018-11Licensing Requirements During the Pendency of Mergers and Consolidation of Insurance Companies
Circular Letter 2018-10Rules 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 2018-09Template of Standard Brokers Agreement
Circular Letter 2018-08Recommended Values of Selected Stocks as of Year-End 2017
Circular Letter 2018-07Amendment to Item 7.18 of Insurance Commission Circular Letter No. 2014-47 on the Use of Mobile Application for Distribution of Insurance Products
Circular Letter 2018-06Dissemination of the Anti-Money Laundering Council’s Resolution No. 107, Series of 2017, dated 15 November 2017 and AMLC Registration and Reporting Guidelines
Circular Letter 2018-05Discount Rates for Non-Life Insurance Policy Reserves as of 31 December 2017
Circular Letter 2018-04Discount Rates for Life Insurance Policy Reserves as of 31 December 2017
Circular Letter 2018-03Adoption and Implementation of the Manual of Examination of HMOs
Circular Letter 2018-02Implementation of the Manual of Examination of Non-Life Insurance Companies and Professional Reinsurance Companies – 2017 Edition
Circular Letter 2018-01Adoption and Implementation of the Manual of Examination of Pre-Need Companies

2017 Circular Letters

Circular LetterTitle
Circular Letter 2017-59Guidelines Defining Unsafe Business Practices or Acts and Providing Administrative Fines for Violation Thereof
Circular Letter 2017-58Guidelines on the Approval of Acquisition of Control of Health Maintenance Organizations
Circular Letter 2017-57Guidelines on Group Insurance of Both Life and Non-Life Insurance Companies
Circular Letter 2017-56Catastrophe/Property Insurance Reports (Annex A, Annex A - Manual; Annex B, Annex B - Manual)
Circular Letter 2017-55Guideline in the Submission of Clearance as a Requirement in the Application for Issuance of Agents License to Solicit Business for another Insurance Company
Circular Letter 2017-54Compliance with the Data Privacy Act of 2012
Circular Letter 2017-53Quarterly Reports on Selected Financial Statistics
Circular Letter 2017-52Penalty for Payment of Commissions to Persons Acting as Insurance Agents without the Required License
Circular Letter 2017-51Discount Rates for Non-Life Insurance Policy Reserves as of 30 September 2017
Circular Letter 2017-50Amendment to Minimum Capitalization and Financial Capacity Requirements for HMOs
Circular Letter 2017-49Guidelines on Insurability Damages, Fines and Penalties which are Exemplary in Nature relative to Liability Insurance
Circular Letter 2017-48Discount Rates for Life Insurance Policy Reserves as of 30 September 2017
Circular Letter 2017-47Endorsement of Support to the Society of Independent Insurance Intermediaries Philippines, Inc. (TRIPLE I)
Circular Letter 2017-46Participation in the 2017 Philippine Non-Life Insurance Forum and 2017 PIRA Networking Golf Tournament
Circular Letter 2017-45Submission of Status Report / Action Plan and HMO Agreements
Circular Letter 2017-44Dissemination of the AMLC’s Rules on the Imposition of Administrative Sanctions under Republic Act No. 9160, as Amended
Circular Letter 2017-43Investment in Income Producing Real Properties
Circular Letter 2017-42Salary Loans Extended to Department of Education (DepEd) Teachers
Circular Letter 2017-41Creation of Technical Working Group Tasked to Oversee the Adoption of ASEAN Corporate Governance Scorecard
Circular Letter 2017-40Guidelines in the Submission of Quarterly and Annual Reports for the Compilation of the other Financial Corporations Survey - ANNEX A, ANNEX B, ANNEX C, and ANNEX D
Circular Letter 2017-39Amendment to Circular Letter No. 2015-23 dated 23 May 2015 on ASEAN Corporate Governance Scorecard
Circular Letter 2017-38Approval of Medical Information Database (MID) User Guidebook
Circular Letter 2017-37Discount Rates for Non-Life Insurance Policy Reserves as of 30 June 2017
Circular Letter 2017-36Discount Rates for Life Insurance Policy Reserves as of 30 June 2017
Circular Letter 2017-35Exemption from Payment of Docket Fees in Requests for Legal Opinion
Circular Letter 2017-34Revised Guidelines on Variable Life Insurance Contracts
Circular Letter 2017-33Formalization of Premium Rates and Benefits for Passenger Personal Accident Insurance (PPAI) for Public Utility Vehicles
Circular Letter 2017-32Filing of Audited Financial Statements - HMOs
Circular Letter 2017-31Filing of Audited Financial Statements
Circular Letter 2017-30Regulatory Requirements and Actions for the New Regulatory Framework (Life Insurance Business)
Circular Letter 2017-29Guidelines on Related Party Transactions for Insurance Commission (IC) Covered Institutions
Circular Letter 2017-28Two Percent (2%) Upward Adjustment on the Investment Threshold Allocation under the Pre-Need Code
Circular Letter 2017-27Filing of 2016 Annual Statement and its Attachments (Pre-Need Attachment,Trust Fund Attachment)
Circular Letter 2017-26Guidelines on the Voluntary Cessation of Non-Life Insurance Business in the Philippines
Circular Letter 2017-25Discount Rates for Life Insurance Policy Reserves as of 31 March 2017
Circular Letter 2017-24Discount Rates for Non-Life Insurance Policy Reserves as of 31 March 2017
Circular Letter 2017-23Supplement to Circular Letter No. 2016-48 dated 01 September 2016, Issuing a Template of Joint Certification and Undertaking for Health Maintenance Organizations (HMOs)
Circular Letter 2017-22Filing of 2016 Annual Statement – Mutual Benefit Associations (MBAs)
Circular Letter 2017-21Filing of 2016 Annual Statement – Life Insurance Companies
Circular Letter 2017-20Accreditation of HMO Actuaries
Circular Letter 2017-19Guidelines on the Approval of HMO Products and Forms and its Annexes
Circular Letter 2017-18Filing of 2016 Annual Statement and Pro Forma Template of Annual Statement (Attachment)
Circular Letter 2017-17Exclusion of the Requirement for Submission of Clearances from Various Law Enforcement Agencies
Circular Letter 2017-16Qualifying Insurance Agents' Examinations for Year 2017
Circular Letter 2017-15Regulatory Requirements and Actions for the New Regulatory Framework
Circular Letter 2017-14Minimum Members' Equity Requirements for Mutual Companies
Circular Letter 2017-13Guidelines in the Processing of Requests for Legal Opinion
Circular Letter 2017-12Guidelines on the Conduct of Insurance Agents' Qualifying Exam through the Agents Computerized Exam System
Circular Letter 2017-11Guidelines in the Life Underwriting of Applicants with Actual, Perceived or Suspected to be with Human Immunodeficiency Virus (HIV)
Circular Letter 2017-10Supplement to CL No. 2015-05 dated 05 February 2015, as Amended by CL No. 2015-13 dated 25 March 2015 on the Submission of the Names and Contact Details of AMLA Compliance Officer and Alternate Compliance Officer, Providing for a Cap on the Penalties that may be Imposed
Circular Letter 2017-09Guidelines Fixing the Documentary Requirements for Acquiring Ownership of a Domestic Insurance Broker and Reinsurance Broker
Circular Letter 2017-08Recognition of Print-Outs of Digital Certificates of Good Moral Character and Training in Compliance with the Documentary Requirements in Applications for Qualifying Agents’ Examinations
Circular Letter 2017-07Dissemination of the 2016 Revised Implementing Rules and Regulations of Republic Act No. 9160, as Amended
Circular Letter 2017-06Rules and Regulations on Demutualization of Domestic Mutual Life Insurance Companies Doing Business in the Philippines
Circular Letter 2017-05Dropping of the phrase “Komisyon ng Seguro” from the official seal and replacing it with “Insurance Commission”
Circular Letter 2017-04Key Features of Micro Pre-Need Products
Circular Letter 2017-03Recommended Values of Selected Stocks as of Year-End 2016
Circular Letter 2017-02Discount Rates for Non-Life Insurance Policy Reserves as of 31 December 2016
Circular Letter 2017-01Discount Rates for Life Insurance Policy Reserves as of 31 December 2016

2016 Circular Letters

Circular LetterTitle
Circular Letter 2016-69Implementation Requirements for Financial Reporting, Valuation Standards for Insurance Policy Reserves and Amended RBC2 Framework
Circular Letter 2016-68Amended Risk-Based Capital (RBC2) Framework
Circular Letter 2016-67Valuation Standards for Non-Life Insurance Policy Reserves
Circular Letter 2016-66Valuation Standards for Life Insurance Policy Reserves
Circular Letter 2016-65Financial Reporting Framework under Section 189 of the Amended Insurance Code
Circular Letter 2016-64Adoption and Implementation of Microinsurance Distribution Channels Regulatory Framework
Circular Letter 2016-63Enhanced Performance Indicators and Standards for Microinsurance 2016
Circular Letter 2016-62Amendment to Circular Letter No. 2016-50 dated 06 September 2016
Circular Letter 2016-61Guidelines Defining the Engagement of Telemarketing Services by Insurance Companies, Insurance Brokers and General Agencies, as well as Enumerating the Requirements Therefor
Circular Letter 2016-60Amendments to Guidelines on Electronic Commerce of Insurance Products
Circular Letter 2016-59Discount Rates for Non-Life Insurance Policy Reserves as of 30 September 2016
Circular Letter 2016-58Discount Rates for Life Insurance Policy Reserves as of 30 September 2016
Circular Letter 2016-572016 Philippine Intercompany Mortality Study
Circular Letter 2016-56Submission of the Names and Contact Details of Anti-Money Laundering Compliance Officer and Alternate Compliance Officer by Health Maintenance Organizations
Circular Letter 2016-55Strict Implementation of the Minimum Rates for Earthquake, Typhoon and Flood Covers and Related Guidelines
Circular Letter 2016-54Creation and Administration of a Medical Information Database
Circular Letter 2016-53Affiliation in a Financial Conglomerate as a Condition Precedent to the Granting of Certificate of Authority to Engage in Bancassurance Activities
Circular Letter 2016-52Guidelines on Licensing of HMOs
Circular Letter 2016-51Corporate Governance
Circular Letter 2016-50Guidelines in the Development of Anti-Fraud Plan for Insurance Companies
Circular Letter 2016-49Dissemination of Anti-Money Laundering Council’s Resolution No. 69, Series of 2016, dated 17 August 2016 and Advisory
Circular Letter 2016-48Deposit Requirement for Health Maintenance Organizations (HMOs)
Circular Letter 2016-47Guidelines on the Liquidation of Inactive Mutual Benefit Associations (MBAs) and Disposition of Guaranty Fund (GF)
Circular Letter 2016-46Engagement of External Auditors
Circular Letter 2016-45General Guidelines on HMO Corporate, Company and/or Business Names
Circular Letter 2016-44Amendments to Guidelines on the Insurance of Certifications under R.A. No. 9184, Otherwise known as the “Government Procurement Reform Act”
Circular Letter 2016-43Dissemination of Anti-Money Laundering Council’s Resolution No. 61, Series of 2016, dated 20 July 2016
Circular Letter 2016-42Guidelines on Approval of Requests for Lecturers, resource Persons, and Facilitators from the Insurance Commission
Circular Letter 2016-41Minimum Capitalization and Financial Capacity Requirements for HMOs
Circular Letter 2016-40Additional Rules on Bancassurance Supplementing IC Circular Letter No. 2015-20
Circular Letter 2016-39Guidelines in the Establishment, Transfer, Change of Address and Closure of a Branch, Extension, Satellite and/or Service Office and Penalties in case of Non Compliance
Circular Letter 2016-38Discount Rates for Non-Life Insurance Policy Reserves as of 30 June 2016
Circular Letter 2016-37Discount Rates for Life Insurance Policy Reserves as of 30 June 2016
Circular Letter 2016-36Dissemination of Anti-Money Laundering Council’s Resolution No. 48, Series of 2016, dated 15 June 2016
Circular Letter 2016-35Quarterly Reports on Selected Financial Statistics
Circular Letter 2016-34Newspaper Publication Requirement
Circular Letter 2016-33Loans to Partner MicroFinance Institutions (MFIs)
Circular Letter 2016-32Guidelines on the Issuance of Certifications under R.A. No. 9184, Otherwise known as the “Government Procurement Reform Act”
Circular Letter 2016-31Formalization Template
Circular Letter 2016-30Bill of Rights of Policy Holders
Circular Letter 2016-29Discount Rates for Life Insurance Policy Reserves as of 31 March 2016
Circular Letter 2016-28Discount Rates for Life Insurance Policy Reserves as of 31 December 2015
Circular Letter 2016-27Creation and Maintenance of Website
Circular Letter 2016-26Valuation Standards For Life Insurance Policy Reserves
Circular Letter 2016-25FEES AND OTHER CHARGES FOR APPROVAL OF MICRO PRENEED PRODUCTS AND FORMS
Circular Letter 2016-24Submission of Quarterly Reports on Investments Made and Sold or Disposed of
Circular Letter 2016-23Key Features of Micro Pre-Need Products
Circular Letter 2016-22Regulations for the Provision of Health Microinsurance (MicroHealth) Products and Services
Circular Letter 2016-21Discount Rates for Life Insurance Policy Reserves as of 31 March 2016
Circular Letter 2016-20Discount Rates for Non-Life Insurance Policy Reserves as of 31 March 2016
Circular Letter 2016-19Application Fees for New and Renewal Accreditation of Actuaries for Insurance/Reinsurance and Pre-Need Companies
Circular Letter 2016-18Filing of 2015 Annual Statements - All Life Insurance Companies
Circular Letter 2016-17Filing of 2015 Annual Statements - Mutual Benefit Associations (MBAs)
Circular Letter 2016-16Guidelines for Approval of Appraised Value of Real Estate Properties
Circular Letter 2016-15Amendments to Guidelines on Electronic Commerce of Insurance Products
Circular Letter 2016-14Filing of Pre-Need Annual Statements
Circular Letter 2016-13Dissemination of Anti-Money Laundering Council's Resolution No 05, Series of 2016
Circular Letter 2016-12Standard Format for Viability Study for Pre-Need Plans
Circular Letter 2016-11Standard Contract Provisions for Pre-Need Plans
Circular Letter 2016-10Minimum Requirements for the Approval of Pre-Need Products
Circular Letter 2016-09Guidelines on the Filing of 2015 Annual Statement
Circular Letter 2016-08Claims Control Clause
Circular Letter 2016-07Establishment of a Branch Outside the Philippines
Circular Letter 2016-06Qualifying Insurance Agents Examinations for year 2016

2015 Circular Letters

Circular LetterTitle
Circular Letter 2015-61Quarterly Reportorial Requirements
Circular Letter 2015-60Guidelines in the Renewal of HMO Clearances to Operate/Licenses Expiring on 31 December 2015
Circular Letter 2015-59Endorsement of All Complaints Filed Against Health Maintenance Organizations (HMOs) with the Grievance Machinery of the Association of Health Maintenance Organizations of the Philippines, Inc. (AHMOPI) for Mediation During the Transition Period
Circular Letter 2015-58-AGuidelines on the Approval of Non-Life Insurance Policy Forms
Circular Letter 2015-58Assumption of Regulation and Supervision of Health Maintenance Organizations by the Insurance Commission
Circular Letter 2015-57Guidelines Defining Pre-Need Life Plans and Other Contracts and Agreements Within its Scope
Circular Letter 2015-56Regulations Governing Investments in Derivatives and Limiting the Same to Contracts in the Form of Forwards and Swaps
Circular Letter 2015-55Interest Income due the Contributions to the Security Fund Life and Non-Life Accounts
Circular Letter 2015-54Adoption and Implementation of Enhanced Microinsurance Regulatory Framework
Circular Letter 2015-53Adoption and Implementation of Agriculture Micro-insurance Framework
Circular Letter 2015-52Discount Rates for Non-Life Insurance Policy Reserves
Circular Letter 2015-51Adoption and Implementation of the Micro Pre-Need Regulatory Framework
Circular Letter 2015-50Amendment to Circular Letter CL No. 2014-42-A : Valuation Standards for Life Insurance Policy Reserves
Circular Letter 2015-49Guidelines in the Renewal of Licenses Expiring 31 December 2015
Circular Letter 2015-48Seminar on the Essential Role and Obligation of Insurance Companies in Enabling Republic Act No. 9510, Otherwise Known as the "Credit Information System Act"
Circular Letter 2015-47Ammendments to Circular Letter No. 2015-43 dated 07 August 2015, Changing the Term "Excess Liability Reserves of Closed Account" to "Excess Trust Fund Corresponding to the Closed Accounts" and Providing Additional Guidelines and Requirements for Requests for the Withdrawal of the Excess Trust Fund Corresponding to the Closed Accounts
Circular Letter 2015-46Rules in the Application of Section 408 Paragraph 3 of the Amended Insurance Code on Free and Unassigned Surplus
Circular Letter 2015-45Authority of the Insurance Commission to Assume Jurisdiction Over Complaints Against Insurance Agents Terminated Due to Settlement / Compromise
Circular Letter 2015-44Supplement to IC Circular Letter No. 2015-33 Providing the Rules and Regulations for Accreditation of Non-Life Actuaries
Circular Letter 2015-43Guidelines on the Management of the Trust Fund Surplus of Pre-Need Companies
Circular Letter 2015-42Salary Loans Extended to Department of Education (DepEd) Teachers
Circular Letter 2015-41-AInvestments Under Investment Management Agreement (IMA)
Circular Letter 2015-41Directing the Inclusion of the Word "Plan" or "Plans" to Form Part of a Pre-Need Company's Corporate Name
Circular Letter 2015-40Expectations of the Insurance Commission (IC) for an Effective External Audit Function
Circular Letter 2015-39Fees Relative To: (1) The Applications for Grant of Authority to Private Insurance and Surety Companies to Act as Sureties in Government Transactions Pursuant to Act No. 536, As Amended by Act No. 22016; and (2) Holders of Existing Administrative Orders Issued by the President of the Republic of the Philippines for Insurance and Surety Companies to Act as Sureties in Government Transactions
Circular Letter 2015-38On-line Uploading of the Requirements for Financial Reporting Framework, Valuation Standards for Insurance Policy Reserves, and New Risk-Based Capital Framework
Circular Letter 2015-37Discount Rates for Non-Life Insurance Policy Reserves
Circular Letter 2015-36Discount Rates for Gross Premium Valuation of Life Insurance Policy Reserves
Circular Letter 2015-35AMMENDMENTS TO CIRCULAR LETTERS NO. 2015-31: Transition Period and Full Implementation Requirements for Financial Reporting Framework, Valuation Standards for Insurance Policy Reserves, and New Risk-Based Capital Framework; 2015-32 : Valuation Standards for Non-Life Insurance Policy Reserves
Circular Letter 2015-34Imposition of Fine as Penalty in Administrative Cases Filed Before the Regulation, Enforcement and Prosecution Division
Circular Letter 2015-33Accreditation of Non-life Actuaries
Circular Letter 2015-32Valuation Standards for Non-life Insurance Policy Reserves
Circular Letter 2015-31Transition Period and Full Implementation Requirements for Financial Reporting Framework, Valuation Standards for Insurance Policy Reserves, and New Risk-Based Capital Framework
Circular Letter 2015-30Risk-Based Capital (RBC2) Quantitative Impact Study (QIS)
Circular Letter 2015-29Financial Reporting Framework Under Section 189 of the Amended Insurance Code (Republic Act 10607)
Circular Letter 2015-28Filing of Administrative Cases under Section 438 of Republic Act (R.A.) No. 10607 Against Directors/Trustees, Officers and/or Employees of Insurance Companies and MBAs under the Conservatorship Receivership and Liquidation (CRL) Division
Circular Letter 2015-27Mandatory Membership to the Philippine Federation of Pre-Need Plan Companies, Inc.
Circular Letter 2015-26Submission of Additional Data on Motor Car Insurance Business
Circular Letter 2015-25Clarifying the Rules Applicable for Investments in Foreign Currency Denominated Bonds
Circular Letter 2015-24Interpreting the Rules on Adjusters Pertaining to Licensing and Concurrent Practice of Profession by Lawyers
Circular Letter 2015-23ASEAN Corporate Governance Scorecard
Circular Letter 2015-22Supplement to Circular Letter No. 21-2006 on the Negative List of Officers and Employees
Circular Letter 2015-21Annual Filing of Brokers Audited Financial Statements and Attachments
Circular Letter 2015-20Rules Implementing Title 9, Chapter IV of the Amended Insurance Code on Bancassurance
Circular Letter 2015-19Statement of Full Names and Addresses of the Directors and Officers of Insurance Corporations in the Annual Statement
Circular Letter 2015-18Dissemination of Financial Crimes Enforcement Network (FinCEN) News Release dated 10 March 2015, Notice of Finding dated 06 March 2015, and Notice of Proposed Ruled Making (NPRM) dated 06 March 2015
Circular Letter 2015-17-ADissemination of the Bangko Sentral ng Pilipinas' Public Advisory on Unauthorized Deposit-taking Activities
Circular Letter 2015-17Dissemination of Anti-Money Laundering Council's Resolution No. TF-03 (2014), "ISIL", dated 10 December 2014
Circular Letter 2015-16Rules on Applications for (1) New Certificates of Registration and (2) Renewal of Existing Certificates of Registration to Act as Resident Agents of Unauthorized Foreign Insurers, Professional Reinsurers, Brokers or Insurance Markets Under Sections 322 to 326 of the Insurance Code, As Amended (R.A. 10607)
Circular Letter 2015-15Clarifying the Procedure Under Sections 298-301 of Republic Act No. 10607, Otherwise Known As "The Amended Insurance Code"
Circular Letter 2015-14Promulgating the Guidelines on Submission and of Approval of Non-life Insurance Products/Policies by Insurance Companies and Insurance Industry Associations
Circular Letter 2015-13Amendments to Circular Letter No. 2015-05 dated 05 February 2015 on the Submission of the Names and Contact Details of AMLA Compliance Officer and Alternate Compliance Officer
Circular Letter 2015-12-AFiling of 2014 Annual Statements (for MBAs)
Circular Letter 2015-12-BFiling of 2014 Annual Statements (for Life)
Circular Letter 2015-12-CChanges in the Approved Non-Life Insurance Policy Forms
Circular Letter 2015-12Directing the Proper Identification of Insurance Agents for the Benefit of the Public
Circular Letter 2015-11Rules and Regulations on Consolidation and Merger of Insurance Companies
Circular Letter 2015-10Implementing Guidelines on Indemnification under Section 437 of Republic Act No. 10607
Circular Letter 2015-091. Consolidated Report on Foreign Exchange Receipts and Remittances Relative to Reinsurance Transactions; 2. Remittances Abroad of Net Profits or Dividends
Circular Letter 2015-08Guidelines for the Valuation of Equity Investments as of Year-end 2014
Circular Letter 2015-07Qualifying Insurance Agents' Examinations for Year 2015
Circular Letter 2015-06New Reserves Computation for the Compulsory Insurance Coverage for Migrant Workers
Circular Letter 2015-05Submission of the Names and Contact Details of AMLA Compliance Officer and Alternate Compliance Officer
Circular Letter 2015-04Submission of Monthly Report of Bonds Issued in Favor of the Government
Circular Letter 2015-03Recommended Values of Selected Stocks as of Year-End 2014
Circular Letter 2015-02-AMinimum Capitalization Requirements Under Sections 194, 197, 200 and 289 of Republic Act 10607 (The Amended Insurance Code)
Circular Letter 2015-02Requests for Legal Opinions and Nullification of All Previous Unauthorized Legal Opinions
Circular Letter 2015-01Applicability of Senior Citizens' Discount in the Payment of Premiums for Insurance Policies

2014 Circular Letters

Circular Letter No.Title
Circular Letter 2014-52Amendments by Republic Act No. 10607 pertaining to Compulsory Motor Vehicle Liability Insurance
Circular Letter 2014-51Monitoring of "Pigeon Holes" at the premises of the Insurance Commission
Circular Letter 2014-50Investments in Mutual Funds and Unit Investment Trust Funds
Circular Letter 2014-49Term Limits for Independent Directors
Circular Letter 2014-48Amendments to Section 2, Rule 11 of Insurance Memorandum Circular No. 2014-01 and Section 1, Rule V and Section 1, Rule VI Insurance Memorandum Circular No. 1-93
Circular Letter 2014-47Guidelines on Electronic Commerce of Insurance Products
Circular Letter 2014-46as of 12 November 2014
Circular Letter 2014-45as of 12 November 2014
Circular Letter 2014-44Launching of the Enhanced Licensing System
Circular Letter 2014-43Addendum to Circular Letter No. 2013-25 Dated 13 September 2013
Circular Letter 2014-42-AValuation Standards for Life Insurance Policy Reserves
Circular Letter 2014-42Rules and Regulations on Reinsurance Transactions
Circular Letter 2014-41Standard Chart of Accounts (SCA) for MBAs
Circular Letter 2014-40Compulsory Coverage of Insurance Agents in the Social Security System (SSS)
Circular Letter 2014-39Filing of Pre-Need Cases in Cebu and Davao District Offices
Circular Letter 2014-38Application of Enhanced Due Diligence Relative to Jurisdictions Identified in the Financial Action Task Force (FATF) Public Statement dated 27 June 2014 and Taking into Account the Information Relative to the Jurisdiction Mentioned in FATF's Compliance Document also dated 27 June 2014
Circular Letter 2014-37Documentary Requirements for the Acquisition of Control of a Domestic Insurance Company
Circular Letter 2014-36Quarterly Reports On Selected Financial Statistics
Circular Letter 2014-35Dissemination of Financial Action Task Force (FATF) Public Statement and Compliance Document both dated 27 June 2014
Circular Letter 2014-34Submission of Withdrawal Reports
Circular Letter 2014-33Anti-Money Laundering Council (AMLC) National Risks Assessment (NRA) Projet Data / Information Collection Requirement
Circular Letter 2014-32Expeditious Approval of Life Insurance Products
Circular Letter 2014-31Guidelines for Securities Borrowing and Lending
Circular Letter 2014-30Guidelines for Investing in Exchange Traded Funds
Circular Letter 2014-29Guidelines on the Registration and Operation of Self-Regulatory Organization
Circular Letter 2014-28Submission of Monthly Reports
Circular Letter 2014-27Guidelines in the Application of Sec. 84 of Republic Act 10607, Otherwise Known as "The Insurance Code of the Philippines, as Ammended",
Circular Letter 2014-26Transitory Period for (a) Renewal and Validity of Existing Licenses, Certificates of Authority or Accreditation and (b) Issuance and Periods of Validity of New Licenses, Certificates of Authority or Accreditation under the amended Insurance COde (R.A. No. 10607)
Circular Letter 2014-25Applicable Fees and Charges for all New Applications for New License of Insurance Agents filed with the Insurance Commission on or before 02 June 2014
Circular Letter 2014-24Authority of the Insurance Commissioner to Grant Authority to Pirvate Insurance Companies to Act as Sureties in Government Transactions
Circular Letter 2014-23Submission of Monthly Report of Investments Made and Sold or Disposed of
Circular Letter 2014-22Collateral Loans
Circular Letter 2014-21Investments under the Ammended Insurance Code
Circular Letter 2014-20Financial Assistance Program for Officers, Employees and for Sales Associates under Contractual Relationship
Circular Letter 2014-19Ammended Guidelines for Foreign Currency Denominated Investments and Insurance Policies
Circular Letter 2014-18Electronic Data Processing (EDP) Equipment
Circular Letter 2014-17Admitted Assets under the Ammended Insurance Code (RA 10607)
Circular Letter 2014-16Submission of Quarterly Statement of Paid-Up Capital, Reserves and Investments (SPUCRI)
Circular Letter 2014-15Fees and Charges
Circular Letter 2014-14Definition and Licensing of "Servicing Insurance Companies"
Circular Letter 2014-13Filing of 2013 Pre-Need Annual Statements (AS)
Circular Letter 2014-12Submission of Monthly Financial Statements of Trust Funds of Pre-Need Companies
Circular Letter 2014-11Filling of 2013 Annual Statements for MBAs
Circular Letter 2014-10Filling of 2013 Annual Statements for Life Insurance Companies
Circular Letter 2014-09Dissemination of AMLC Resolution No. 11 dated 26 February 2014
Circular Letter 2014-08 Filing of Annual Statement
Circular Letter 2014-07Approval of Facultative Reinsurance Placements Abroad
Circular Letter 2014-06Submission of Monthly Report
Circular Letter 2014-05Qualifying Insurance Agent's Examinations for Year 2014
Circular Letter 2014-04Preparation of the 2013 Annual Statements
Circular Letter 2014-03Valuation of Life Insurance Reserve Liabilities as of 31 December 2013
Circular Letter 2014-01Qualifying Insurance Agent's Examinations for the Year 2014

2013 Circular Letters

Circular LetterTitle
Circular Letter 2013-37No Gifts Policy
Circular Letter 2013-36Temporary Relaxation of Identification Requirements - Non Presentation of Identification Documents in Processing Transactions of Victims of Super Typhoon Yolanda
Circular Letter 2013-35Guidelines on the Release of Security Deposit
Circular Letter 2013-34Guidelines for Foreign Currency Denominated Investments
Circular Letter 2013-33Adoption and Implementation of the 2013 Market Conduct Guidelines
Circular Letter 2013-32Adoption and Implementation of the 2013 Dispute Settlement Procedures in Relation to the "Recruitment and Transfers of Employees and Sales Procedures"
Circular Letter 2013-31Dissemination of Financial Action Task Force (FATF) Public Statement dated 21 June 2013
Circular Letter 2013-30Addendum to Circular Letter No. 2013 - 25 Creating Additional Committees
Circular Letter 2013-28Addendum to Circular Letter No. 2013 - 25 Creating Additional Committees
Circular Letter 2013-27Participation in the 3rd Philippine Non-Life Insurance Stakeholders Convention and 3rd Philippine Non-Life Awards or Otherwise Known as PIRA Awards
Circular Letter 2013-26Amendment to the Revised Template of Trust Agreement
Circular Letter 2013-25Advisory Committees for the Implementation of R.A. No. 10607
Circular Letter 2013-23Guidelines for the Approval of Personal Equity Retirement Account (PERA) Investment Products
Circular Letter 2013-19Investment Advisory Council
Circular Letter 2013-18Guidelines for the Implementation of Alternative Dispute Resolution Mechanisms for Microinsurance (ADReM) Involving Commercial Insurance Companies
Circular Letter 2013-17Guidelines for the Implementation of Alternative Dispute Resolution Mechanisms for Microinsurance (ADReM) Involving Cooperative Insurance Societies
Circular Letter 2013-16 Guidelines for the Implementation of Alternative Dispute Resolution Mechanisms for Microinsurance (ADReM) Involving Mutual Benefit Associations
Circular Letter 2013-15Procedures for Accreditation of Mediators-Conciliators in Alternative DisputeResolution for Microinsurance(ADReM)
Circular Letter 2013-14ASEAN CORPORATE GOVERNANCE SCORECARD
Circular Letter 2013-08Dissemination of AMLC Resolution No. 10-C dated January 24, 2013
Circular Letter 2013-07Dissemination of AMLC Resolution No. 10-A dated January 24, 2013
Circular Letter 2013-06Dissemination of AMLC Resolution No. 10 dated January 24, 2013
Circular Letter 2013-04Revised Life Annual Statement
Circular Letter 2013-03Qualifying Examinations for Insurance Agents for the Year 2013
Circular Letter 2013-02Revised Template of Trust Agreement
Circular Letter 2013-01Preparetion of the 2012 Annual Statement

2012 Circular Letters

Circular LetterTitle
Circular Letter 2012-24Losses & Claims Due to Typhoon Pablo
Circular Letter 2012-23Valuation of Transitory Pre-Need Reserves
Circular Letter 2012-20Participation in the 2nd Philippine Non-Life Insurance Stakeholders Convention and 2nd Philippine Non-Life Awards or otherwise known as PIRA Awards
Circular Letter 2012-19Amendments to the Revised Deed of Assignment with Special Power of Attorney
Circular Letter 2012-18List of Insurance Companies with Valid Certificates of Authority for the Period July 1, 2012 to June 30, 2013
Circular Letter 2012-12Gifts Policy
Circular Letter 2012-08 Allowable Investments for Pre-Need Trust Funds
Circular Letter 2012-05Preparation of the 2011 Annual Statement
Circular Letter 2012-04Revised Deed of Assignment and Affidavit of Undertaking
Circular Letter 2012-03Dissemination of AMLC Resolution No. 03 dated January 16, 2012
Circular Letter 2012-02Qualifying Examinations for Agents, 2012
Circular Letter 2012-01Investments in Mutual Funds

2011 Circular Letters
Circular LetterTitle
Circular Letter 2011-42Interest Income due the Contributions to the Security Fund Life and Non-Life Accounts
Circular Letter 2011-41Dissemination of AMLC Resolution No. 124 dated November 11, 2011
Circular Letter 2011-40Dissemination of AMLC Resolution Nos. 120 and 130 dated October 18, 2011 and November 17, 2011
Circular Letter 2011-39Re-Approval of Microinsurance Products
Circular Letter 2011-38Dissemination of AMLC Resolution No. 119 dated October 13, 2011
Circular Letter 2011-37Dissemination of AMLC Resolution No. 91 dated September 1, 2011
Circular Letter 2011-36Dissemination of AMLC Resolution No. 89 dated September 1, 2011
Circular Letter 2011-35Dissemination of AMLC Resolution No. 102, 103, 104, 105 and 106 dated September 16, 2011
Circular Letter 2011-34Dissemination of AMLC Resolution No. 93 August 17, 2011
Circular Letter 2011-33Provisional Authority to Sell or Solicit Insurance Business Pending Issuance of Regular License
Circular Letter 2011-32Expeditious Approval of Life Insurance Products
Circular Letter 2011-31Updated Rules Implementing the Truth in Lending Act
Circular Letter 2011-30Anti-Money Laundering Rules on Capital/Asset Infusion; Waiver of Bank Secrecy Law
Circular Letter 2011-29Synopsis of Annual Statement in Pilipino
Circular Letter 2011-28Dissemination of AMLC Resolution No. 71-A dated June 30, 2011
Circular Letter 2011-27Dissemination of AMLC Resolution Nos. 69-A, 70-A and 72-A dated June 30, 2011
Circular Letter 2011-26Exchange Offer for Holders of Fixed Income Government Bonds Due from July 22, 2011 to January 26, 2031 (The “Eligible Bonds”) for New Long 10-Year Bonds Due 2022 or 20-Year Bonds Due 2031 (The “10-Year and 20-Year Benchmark Bonds”)
Circular Letter 2011-25Dissemination of AMLC Resolution Nos. 39-A and 40-A both dated May 3, 2011
Circular Letter 2011-24Dissemination of AMLC Resolution No. 38 dated April 26, 2011
Circular Letter 2011-23Reportorial Requirements
Circular Letter 2011-22Procedures and Reports required in the sale or Disposition of vehicles acquired under Total Loss Claim Subrogations
Circular Letter 2011-21Launching of the Insurance Commission’s Client Web Portal – Licensing System
Circular Letter 2011-20Dissemination of AMLC Resolution No. 30-A dated April 13, 2011
Circular Letter 2011-19Filing of 2010 Annual Statements - Trusts for Charitable Uses
Circular Letter 2011-18Filing of 2010 Annual Statements - MBAs
Circular Letter 2011-17Filing of 2010 Annual Statements - Insurance and Reinsurance Brokers
Circular Letter 2011-16Dissemination of AMLC Resolution No. 24-A dated March 9, 2011
Circular Letter 2011-15Dissemination of AMLC Resolution No. 23 dated March 9, 2011
Circular Letter 2011-14Dissemination of AMLC Resolution No. 5 dated January 19, 2011
Circular Letter 2011-13Dissemination of AMLC Resolution No. 4 dated January 19, 2011
Circular Letter 2011-12Dissemination of AMLC Resolution Nos. 108, 109, 111, and 112 dated November 17, 2010 and December 8, 2010
Circular Letter 2011-11Re-launching of the lnsurance Commission's Clients Web Portal
Circular Letter 2011-10Liberalization of Premium Rates and Strict Implementation of Reserve Requirements
Circular Letter 2011-09Reports on Motor Vehicles Acquired by Insurance Companies After Payment of Claim for Total Loss or Damage
Circular Letter 2011-08Filing of Annual Statements of Trust Funds of Pre-need Companies
Circular Letter 2011-07Filing of 2010 Audited Financial Statements - Pre-need Companies
Circular Letter 2011-06Guidelines for the Approval of Training Programs and Licensing of Microinsurance Agents
Circular Letter 2011-05Performance Standards for Microinsurance
Circular Letter 2011-04Extension of Corporate Term
Circular Letter 2011-03Preparation of the 2010 Annual Statement
Circular Letter 2011-02Qualifying Examinations for Agents, 2011
Circular Letter 2011-01Quarterly Reportorial Requirements
2010 Circular Letters
Circular LetterTitle
Circular Letter 2010-36Sworn Undertaking to Assign Company Representative Overseas
Circular Letter 2010-35STRICT IMPLEMENTATION OF THE PRESCRIBED PREMIUM RATES
Circular Letter 2010-34Dissemination of AMLC Resolution No. 96 dated October 13, 2010
Circular Letter 2010-33Dissemination of AMLC Resolution No.95 dated October 13, 2010
Circular Letter 2010-32EXCHANGE OFFER FOR HOLDERS OF TREASURY BONDS (EXCEPT ZERO-COUPON BONDS) MATURING FROM 2011 - 2034 FOR NEW 10-YEAR BENCHMARK BONDS DUE 2021 AND NEW 25-YEARS BENCHMARK BONDS DUE 2035
Circular Letter 2010-31Dissemination of AMLC Resolution No. 94 dated October 13, 2010
Circular Letter 2010-30Strict Implementation of the Minimum Rates for Natural Perils or Acts of Nature (AON) Endorsement on Motor Car Insurance Policies
Circular Letter 2010-29Sales, Issuance or Distribution of Insurance Products
Circular Letter 2010-28Dissemination of AMLC Resolution Nos. 83 and 84 dated September 1, 2010
Circular Letter 2010-27GREEK GOVERNMENT TAX INCENTIVES FOR THE REPATRIATION OF CAPITAL
Circular Letter 2010-26Implementation of the COCVF-ICG System-Phase II
Circular Letter 2010-25Dissemination of AMLC Resolution Nos. 62, 63, 64 and 68 dated August 3, 2010
Circular Letter 2010-24Dissemination of AMLC Resolutions No. 42, 43, 44. 47 and
48 dated June 9, 2010
Circular Letter 2010-23TEMPLATE OF TRUST AGREEMENT
Circular Letter 2010-22SCHEDULE OF FEES AND CHARGES
Circular Letter 2010-21Enforcement of Circulars on the Prescribed Minimum Rates for Catastrophic Perils
Circular Letter 2010-20FOREIGN EXCHANGE REMITTANCES ABROAD RELATIVE TO REINSURANCE TRANSACTIONS
Circular Letter 2010-19STRICT IMPLEMENTATION OF THE IC COC GATEWAY (ICG) PROGRAM
Circular Letter 2010-18QUALIFYING EXAMINATIONS FOR INSURANCE AGENTS
Circular Letter 2010-17AMLC Resolutions No. 30 and 31 Dated April 21, 2010
Circular Letter 2010-16THE PROPOSED DOMESTIC ISSUANCE BY THE REPUBLIC OF THE PHILIPPINES OF MULTICURRENCY RETAIL TREASURY BONDS (rTBs)
Circular Letter 2010-15AMLC Resolutions No.23 and 24 Dated March 26, 2010
Circular Letter 2010-14Filing of 2009 Annual Statements
Circular Letter 2010-13Filing of Annual Statements
Circular Letter 2010-12Filing of 2009 Annual Statements
Circular Letter 2010-11ANTI-MONEY LAUNDERING ACT (AMLA) COMPLIANCE
Circular Letter 2010-10GUIDELINES ON THE ISSUANCE OF CERTIFICATES OF COVER (COC) FOR ALL MOTOR VIHICLES
Circular Letter 2010-09Filing of Annual Statements of Trust Funds of Pre-need Companies
Circular Letter 2010-08Filing of 2009 Audited Financial Statements
Circular Letter 2010-07Anti-Money Laundering Council (AMLC) Resolution No. 13 dated 17 Febntary 2010
Circular Letter 2010-06GUIDELINES ON THE ISSUANCE OF CERTIFICATES OF
COVER FOR ALL MOTOR VEHICLES
Circular Letter 2010-05Preparation of the 2009 Annual Statement
Circular Letter 2010-04INTERIM GUIDELINES ON THE LICENSING AND OPERATION OF PRE-NEED AGENTS
Circular Letter 2010-03Qualifying Examinations for Agents - 2010
Circular Letter 2010-02Dissemination of AMLC Resolution Nos. 115 and 116 both dated December 9, 2009
Circular Letter 2010-01Corporate Governance Scorecard
2009 Circular Letters
Circular LetterTitle
Circular Letter 2009-01Qualifying Examinations for Agents - 2009
Circular Letter 2009-02Dissemination of AMLC Resolustion Nos. 86, 87, 89 and 91 dated November 26, 2008
Circular Letter 2009-03Provisional Authority to Sell or Solicit Insurance Business Pending Issuance of Regular License
Circular Letter 2009-04Revocation of Limited License for Personal Accident and Fire & Motor Car
Circular Letter 2009-05Corporate Governance Report
Circular Letter 2009-06
Circular Letter 2009-06Dissemination of AMLC Resolution No. 3 dated January 14, 2009
Circular Letter 2009-07PREPARATION OF THE 2008 ANNUAL STATEMENT
Circular Letter 2009-08Filing of 2008 Annual Statements
Circular Letter 2009-09EXAMINATION/VERIFICATION RULES AND PROCEDURES ON PAID-UP CAPITAL AND NETWORTH COMPLIANCE
Circular Letter 2009-10FILING OF 2008 AUDITED FINANCIAL STATEMENTS
Circular Letter 2009-11FOREIGN EXCHANGE REMITTANCES ABROAD RELATIVE TO REINSURANCE TRANSACTIONS
Circular Letter 2009-12RULES AND REGULATIONS ON REINSURANCE TRANSACTIONS
Circular Letter 2009-13Filing of 2008 Annual Statements
Circular Letter 2009-14Dissemination of AMLC Resolution No. 18 dated March 18,2009
Circular Letter 2009-15Quarterly Report on Selected Financial Statistics
Circular Letter 2009-16Dissemination of AMLC Resolution No. 24 dated March 18, 2009
Circular Letter 2009-17Dissemination of AMLC Resolution No. 47 dated May 22, 2009
Circular Letter 2009-18Dissemination of AMLC Resolution No. 65 dated June 22, 2009
Circular Letter 2009-19Fees and Charges
Circular Letter 2009-21Corporate Governance Scorecard
Circular Letter 2009-22Catastrophe Excess of Loss Cover
Circular Letter 2009-23Authorized Signatory for Insurance Policies
Circular Letter 2009-24Mandatory Membership to the Philippine Life Insurance Association
Circular Letter 2009-26Electronic Transactions with the Bureau of the Treasury
Circular Letter 2009-27Policies In-Force Covering Flood/Typhoon
Circular Letter 2009-28Losses and Claims Related to Typhoons "ONDOY" and "PEPENG"
Circular Letter 2009-29Revised Guidelines on Accreditation of Auditing Firms and External Auditors
Circular Letter 2009-30INTEREST INCOME DUE THE CONTRIBUTIONS TO THE SECURITY FUND LIFE AND NON-LIFE ACCOUNTS
2008 Circular Letters
Circular LetterTitle
Circular Letter 2008-01PREPARATION OF THE 2007 ANNUAL STATEMENT
Circular Letter 2008-02QUALIFYING EXAMINATION FOR AGENTS - 2008
Circular Letter 2008-03SUBMISSION OF THE ACCOMPLISHED SELF-ASSESSMENT QUESTIONNAIRE ON CORPORATE GOVERNANCE PRINCIPLE AND LEADING PRACTICES
Circular Letter 2008-04FILING OF AUDITED FINANCIAL STATEMENTS
Circular Letter 2008-05EXCHANGE OFFER FOR HOLDERS OF EXISTING
Circular Letter 2008-06Filing of 2007 Annual Statements
Circular Letter 2008-07Filing of 2007 Annual Statement of All Mutual Benefit Associations Doing Business in the Philippines
Circular Letter 2008-08DISSEMINATION OF AMLC RESOLUTION NO. 101
Circular Letter 2008-09DISSEMINATION OF AMLC RESOLUTION NO. 101
Circular Letter 2008-10LICENSING OF INSURANCE UNDERWRITERS, AGENTS,
Circular Letter 2008-11SUBMISSION OF NEGATIVE LIST OF AGENTS, OFFICERS AND EMPLOYEES
Circular Letter 2008-12RULES AND REGULATIONS ON REINSURANCE TRANSACTIONS
Circular Letter 2008-13DOCUMENTS REQUIRED OF INSURANCE COMPANIESLREINSURANCE BROKERS TO ACCOMPANY REQUEST FOR THE CERTIFICATION TO BE ISSUED BY THE INSURANCE COMMISSION RELATIVE TO FOREIGN EXCHANGE APPLICATION FOR REMITTANCE OFNET PROFITS, REINSURANCE PREMIA AND PAYMENT OF LOSS CLAIMS.
Circular Letter 2008-14APPROVAL OF REINSURANCE TREATIES
Circular Letter 2008-15IC Computerization Project
Circular Letter 2008-16Independent Director
Circular Letter 2008-17INTEREST INCOME DUE THE CONTRIBUTIONS TO THE SECURITY FUND LIFE AND NON-LIFE ACCOUNTS
Circular Letter 2008-18ACCREDITATION AND REPORTORIAL REQUIREMENTS OF EXTERNAL AUDITORS
Circular Letter 2008-19DEATH COVER UNDER CREDIT PROTECTION INSURANCE POLICY
Circular Letter 2008-20AMLC RESOLUTION NO. 53 DATED JUNE 27, 2008
Circular Letter 2008-21Annual Life Insurance Mortality and Persistency Study
Circular Letter 2008-22Unimpaired Capital Requirement
Circular Letter 2008-23Applicability of IC AML Circulars to Foreign Branches and Subsidiaries
Circular Letter 2008-24EXCHANGE OFFER FOR HOLDERS OF EXISTING GOVERNMENT SECURITIES MATURING IN 2008-2018 ("ELIGIBLE BONDS") FOR NEW BENCHMARK BONDS ("THE BENCHMARK BONDS")
Circular Letter 2008-25AMLC Resolution No. 65 dated August 20, 2008
Circular Letter 2008-26IMPLEMENTATION OF DEPARTMENT ORDER 27 - 06
Circular Letter 2008-27Licensing of Insurance Agents for Accident and Health Insurance
Circular Letter 2008-28Reclassification of Financial Assets
2007 Circular Letters
Circular LetterTitle
Circular Letter 2007-23AMENDED RULES ON CONTINGENCY FUNDS, FUTURE FUNDS, BENEFIT ENHANCEMENT FUNDS AND SIMILAR RIDERS
Circular Letter 2007-22PREMIUMS RECEIVABLE
Circular Letter 2007-21INTERIM COMPULSORY THIRD PARTY LIABILITY (CTPL) SOLUTION
Circular Letter 2007-20STRICT IMPLEMENTATION OF THE MINIMUM RATES FOR EARTHQUAKE, FIRE & SHOCK AND TYPHOON & FLOO
Circular Letter 2007-18AMLC RESOLUTION NO. 68 DATED AUGUST 1, 2007
Circular Letter 2007-17AMENDMENT OF CIRCULAR LETTER NO. 19-96 RE APPROVAL OF FACULTATIVE REINSURANCE PLACEMENTS ABROAD
Circular Letter 2007-16ADOPTION AND IMPLEMENTATION OF PLIA’S MARKET CONDUCT GUIDELINES (MCG)
Circular Letter 2007-15GUIDELINES FOR THE IMPLEMENTATION OF KNOW YOUR CUSTOMER (KYC) AND CUSTOMER DUE DILIGENCE (CDD) REQUIREMENTS
Circular Letter 2007-14ANTI-MONEY LAUNDERING COUNCIL RESOLUTION NO. 64 DATED JULY 10, 2007
Circular Letter 2007-13REQUIREMENTS FOR AGENTS TO SELL OR OFFER FOR SALE VARIABLE LIFE INSURANCE CONTRACTS
Circular Letter 2007-12INTERIM COMPULSORY THIRD PARTY LIABILITY (CTPL) SOLUTION
Circular Letter 2007-11INSURANCE COMMISSION – COMPULSORY INSURANCE DATABASE SYSTEM (IC-CIDS)
Circular Letter 2007-10Non-Life Database Circular
Circular Letter 2007-09SUBMISSION OF 2006 ANNUAL STATEMENT
Circular Letter 2007-08MAXIMUM COMMISSION RATE FOR POLICIES WITH A SINGLE COMPOSITE RATE
Circular Letter 2007-07Filing of Annual Statement
Circular Letter 2007-06INTEREST INCOME DUE THE CONTRIBUTIONS TO THE SECURITY FUND LIFE AND NON-LIFE ACCOUNTS
Circular Letter 2007-05Current List of External Auditors with Valid Certificate of Accreditation
Circular Letter 2007-04PREPARATION OF 2006 ANNUAL STATEMENT
Circular Letter 2007-03Filing of 2006 Annual Statement
Circular Letter 2007-02EXCHANGE OFFER FOR HOLDERS OF EXISTING GOVERNMENT SECURITIES MATURING IN 2007-2012 ("Eligible Bonds") FOR NEW BENCHMARK BONDS (the "Benchmark Bonds")
Circular Letter 2007-01PREPARATION OF THE 2006 ANNUAL STATEMENT
2006 Circular Letters
Circular LetterTitle
Circular Letter 2006-02REPARATION OF THE 2005 ANNUAL STATEMENT
Circular Letter 2006-03SPECIAL INSURANCE AGENTS' EXAMINATION
Circular Letter 2006-04REVOCATION OF CIRCULAR LETTER NOS. 10-2005 AND 10-2005A
Circular Letter 2006-05Cash and Cash Equivalent Deposits in Financially Sound Commercial Bank or Trust Company
Circular Letter 2006-06EXCHANGE OFFER FOR HOLDERS OF EXISTING GOVERNMENT PESO DENOMINATED BONDS (the “Eligible Bonds”) FOR A NEW ISSUE OF PESO-DENOMINATED BONDS (the “Benchmark Bonds”)
Circular Letter 2006-07Compliance to IC Requirements
Circular Letter 2006-08AMLC RESOLUTION No. 01 dated January 16, 2006
Circular Letter 2006-09THREE (3)-YEAR COMPULSORY THIRD PARTY LIABILITY (CTPL) POLICIES
Circular Letter 2006-10Implementation of the New Insurance Commission's Licensing System
Circular Letter 2006-11Submission of Anti-money Laundering Self-rating Form
Circular Letter 2006-12CORPORATE NAME AND PRIMARY PURPOSE
Circular Letter 2006-13AMLC RESOLUTION NO. 19 DATED MARCH 8, 2006
Circular Letter 2006-14AMENDMENTS TO THE SUBMITTED ELECTRONIC COPY OF AGENTS' PROFILE AND LICENSING INFORMATION
Circular Letter 2006-15NEW MAXIMUM POLICY LOAN INTEREST RATES
Circular Letter 2006-16AMENDMENTS TO THE GUIDELINES ON SALES ILLUSTRATIONS FOR LIFE INSURANCE PROPOSALS
Circular Letter 2006-17NEGATIVE LIST AGENTS
Circular Letter 2006-18Submission of Audited Financial Statements (General Agents)
Circular Letter 2006-19Submission of Audited Financial Statements (Insurance and Reinsurance Brokers)
Circular Letter 2006-20AMLC RESOLUTION NOS. 24 (MARCH 22, 2006 and 41 (MAY 10,
2006
Circular Letter 2006-21NEGATIVE LIST OF OFFICERS AND EMPLOYEES
Circular Letter 2006-22CASH AND CASH EQUIVALENT DEPOSITS WITH THRIFT BANKS, RURAL BANKS, AND COOPERATIVE BANKS
Circular Letter 2006-23OUTSTANDING LIABILITIES WITH VARIOUS COURTS, THE SUPREME COURT, AND THE BUREAU OF CUSTOMS
Circular Letter 2006-24STRICT IMPLEMENTATION OF THE MINIMUM RATES FOR EARTHQUAKE AND FIRE AND SHOCK AND TYPHOON AND FLOOD
Circular Letter 2006-25AMLC RESOLUTION NOS. 04 09 (January 30, 2006) & 43 (May 17, 2006)
Circular Letter 2006-26Insured Deposits
Circular Letter 2006-27Circular Letter No. 24/94 (December 12, 1994) and Circular Letter No. 12-2005 (April 12, 2005)
Circular Letter 2006-28Extension of Effectivity of Circular on Amendments to the Guidelines on Sales Illustrations for Life Insurance Proposals
Circular Letter 2006-29STRICT IMPLEMENTATION OF THE MINIMUM RATES FOR EARTHQUAKE FIRE AND SHOCK AND TYPHOON AND FLOOD
Circular Letter 2006-30EXCHANGE OFFER FOR HOLDERS OF EXISTING GOVERNMENT PESO DENOMINATED BONDS (the
Circular Letter 2006-31AMLC RESOLUTION NO. 66 DATED AUGUST 30, 2006
Circular Letter 2006-32Guidelines in the Preparation of the Revised Operating Manual in Combating Money-Laundering and Financing of Terrorism for Insurance Commission Covered Institutions
Circular Letter 2006-33UNIFORM CHART OF ACCOUNTS FOR LIFE INSURANCE COMPANIES AND MUTUAL BENEFITS ASSOCIATION
Circular Letter 2006-34UNIFORM CHART OF ACCOUNTS FOR GENERAL INSURANCE COMPANIES AND PROFESSIONAL REINSURER
Circular Letter 2006-35SUBMISSION OF THE MINUTES OF MEETING, BIOGRAPHICAL DATA (BIODATA) OF MEMBERS OF THE BOARD OF DIRECTORS/TRUSTEES, AND LIST OF OFFICERS
Circular Letter 2006-36AMLC RESOLUTION NO. 80 DATED OCTOBER 6, 2006
Circular Letter 2006-37EXTENSION OF SUBMISSION OF CAPITAL BUILD-UP PROGRAM
Circular Letter 2006-39STRICT IMPLEMENTATION OF THE MINIMUM RATES FOR EARTHQUAKE FIRE AND SHOCK AND TYPHOON AND FLOOD
Circular Letter 2006-40Inventory of Insurance Products
Circular Letter 2006-41New Rules on Contingency Funds, Future Funds, Benefit Enhancement Funds and Similar Riders
2005 Circular Letters
Circular LetterTitle
Circular Letter 2005-36CURRENT LIST OF EXTERNAL AUDITORS WITH VALID CERTIFICATE OF ACCREDITATION
Circular Letter 2005-34ELECTRONIC COPY OF AGENT’S PROFILE AND LICENSING INFORMATION
Circular Letter 2005-31CORPORATE GOVERNANCE PRINCIPLES AND LEADING PRACTICES
Circular Letter 2005-30ACCREDITATION AND REPORTORIAL REQUIREMENTS OF EXTERNAL AUDITORS
Circular Letter 2005-29NEW GUIDELINES FOR FOREIGN CURRENCY DENOMINATED INVESTMENTS AND INSURANCE POLICIES
Circular Letter 2005-27EXPEDITIOUS APPROVAL OF TRADITIONAL LIFE INSURANCE PRODUCTS
Circular Letter 2005-26Insurance Commission adoption of the General Information Sheet (GIS) of the Securities and Exchange Commission (SEC)
Circular Letter 2005-25Proposed Models for Compulsory Third Party Liability
Circular Letter 2005-24 - BAnti-Money Laundering Rules on Capital/Asset Infusion; Waiver of Bank Secrecy Law
Circular Letter 2005-24 - ARules on Cash Infusion to cover up Margin of Solvency Deficiency, Capital Impairment; Equity Conversion: Preferred Shares
Circular Letter 2005-24Anti-Money Laundering Rules on Capital/Asset Infusion; Waiver of Bank Secrecy Law
Circular Letter 2005-23GUIDELINES ON SALES ILLUSTRATIONS OF LIFE INSURANCE PROPOSALS
Circular Letter 2005-22AMLC Resolution No. 42 (April 29, 2005)
Circular Letter 2005-21AMLC Resolution No. 54 (May 25,2005) and Resolution Nos.
61,62 and 66 (all of June 13,2005)
Circular Letter 2005-19AMLC Resolution No. 59, series 2005 dated June 1, 2005
Circular Letter 2005-18Qualifying Examinations for Insurance Agents
Circular Letter 2005-172004 Annual Statement
Circular Letter 2005-15Submission of Interim Quarterly Reports on Selected Financial Data
Circular Letter 2005-14Period of Reporting Covered and Suspicious Transactions
Circular Letter 2005-13Compliance with Know-Your-Customer (KYC) Minimum Requirements
Circular Letter 2005-12Circular Letter No. 24/94 issued on December 12, 1994
Circular Letter 2005-11Preparation of Annual Statements
Circular Letter 2005-10Implementation of the 3-Year Compulsory Third Party Liability CTPL) Insurance
Circular Letter 2005-09Filing of Annual Statements
Circular Letter 2005-08Interest Income Due the Contributions to The Security Fund Life and Non-Life Accounts
Circular Letter 2005-06Insurance Companies with Cease and Desist Orders (CDO)
Circular Letter 2005-05Catastrophe Peril Protection
Circular Letter 2005-04Insurance Key Indicators
Circular Letter 2005-03Investments in Government Securities under the Registry of Scriptless Securities of the Bureau of the Treasury
Circular Letter 2005-02PREPARATION OF THE 2004 ANNUAL STATEMENT
Circular Letter 2005-01ACCREDITATION OF EXTERNAL AUDITORS
2004 Circular Letters
Circular LetterTitle
Circular Letter 2004-14Know Your Customer (KYC) Forms
Circular Letter 2004-12Course on Corporate Governance
Circular Letter 2004-13Fit & Proper Requirements
Circular Letter 2004-01PREPARATION OF THE 2003 ANNUAL STATEMENT
Circular Letter 2004-04The Philippine Anti-Money Laundering Act, as revised and its Implementing Rules
Circular Letter 2004-022002 INTEREST INCOME OF THE SECURITY FUND. LIFE AND NON-LIFE ACCOUNT
Circular Letter 2004-03General Disclosure of Corporate Governance Practices
Circular Letter 2004-05Application for Facultative Placement Abroad
Circular Letter 2004-06Vehicle Having Dual Purpose Bodies
Circular Letter 2004-07Paid-up Capital & Solvency Margin Requirements
Circular Letter 2004-08INTEREST INCOME DUE THE CONTRIBUTIONS TO THE SECURITY FUND LIFE AND NON-LIFE ACCOUNTS
Circular Letter 2004-09Authentication and Verification of Motor Vehicle Certificates of Cover (CoC)
Circular Letter 2004-11Quarterly Reporting of COCs Issued
2003 Circular Letters
Circular LetterTitle
Circular Letter 2003-08Covered Transaction Reports (CTRs) and Suspicious Transaction Reports(STRs).
Circular Letter 2003-01Preparation of the Annual Statement
Circular Letter 2003-02Corporate Governance
Circular Letter 2003-03Submission of quarterly reports on selected financial data
Circular Letter 2003-04Interest income due the contributions to the security fund life and non-life accounts
Circular Letter 2003-05SCHEDULE OF INSURANCE AGENTS' EXAMINATION FOR 2003
Circular Letter 2003-06Qualification for Authorization of Agents to Sell or offer for Sale
Variable Life Insurance Contracts
Circular Letter 2003-07Resolution # 227 dated 4 April 2003 of the Anti-Money Laundering Council (AMLC) on Iraqi Assets
Circular Letter 2003-08Covered Transaction Reports (GTRs) and Suspicious Transaction Reports (STRs).
Circular Letter 2003-09Use of Standard Motor Vehicle Policy and Equipment Policy and Equipment Floater Policy Forms
Circular Letter 2003-10Commission Rates and Marketing Expenses for the Compulsory Third Party Liability (CPTL) Insurance Business
2002 Circular Letters
Circular LetterTitle
Circular Letter 2002-15Submission of Statistical Data
Circular Letter 2002-14Submission of Electronic Filing and Payment System (EFPS) Documents
Circular Letter 2002-13 - ACorporate Governance
Circular Letter 2002-13Corporate Governance
Circular Letter 2002-12Documents Required of Insurance Companies/Reinsurance Brokers to Accompany Request for the Certifications to be Issued by the Insurance Commission relative to foreign Exchange Applications for Remittance of Net Profits, Reinsurance Premia and payment of loss claims and submission of monthly statement of foreign exchange receipts
Circular Letter 2002-11Authentication of Motor Vihicle Certificates of Cover (COC)
Circular Letter 2002-10Compliance Officer
Circular Letter 2002-09Operating manual against money-laundering for Insurance Commission Covered Institutions
Circular Letter 2002-08Joint Land Transportation Office (LTO) and Insurance Commission Memorandum Circular
Circular Letter 2002-07Documentary Stamp Tax
Circular Letter 2002-06Recruitment and Transfer of Employees and Sales Producers
Circular Letter 2002-05Agent Compliance Record
Circular Letter 2002-04Change in Ownership
Circular Letter 2002-03Interest Income due the Contributions to the Security Fund Life and Non-life Accounts
Circular Letter 2002-02Preparation of the 2001 Annual Statement
Circular Letter 2002-01Replacement of Policies
2001 Circular Letters
Circular LetterTitle
Circular Letter 2001-04 - ARevised Monthly Statement of Foreign Exchange Receipts Form
Circular Letter 2001-04Submission of Monthly Statement of Foreign Exchange Receipts

Circular Letter 2001-03 - ADocuments Required of Insurance Companies/Reinsurance Brokers to Accompany Requests for the Certifications to be issued by the Insurance Commission relative to Foreign Exchange Applications for Remittance of Net Profits, Reinsurance Premia and Payment of Loss Claims.
Circular Letter 2001-03Documents Required of Insurance Companies/Reinsurance Brokers to Accompany Requests for the Certifications to be issued by the Insurance Commission relative to Foreign Exchange Applications for Remittance of Net Profits, Reinsurance Premia and Payment of Loss Claims.
Circular Letter 2001-02Interest Income due the contributions to the security fund life and non-life accounts
Circular Letter 2001-01Preparation of the 2000 Annual Statement
2000 Circular Letters
Circular LettersTitle
Circular Letter 2000-18-99 -
A
Sale of Motor Vehicles Acquired by Insurance Companies after Payment of Total Loss Claim
Circular Letter 2000-10Premiums and Charges
Circular Letter 2000-08Judicial Bonds
Circular Letter 2000-07Customs Bond Liabilities
Circular Letter 2000-06Submission of Audited Financial Statement
Circular Letter 2000-05Lifting of freeze rates order on fire policies
Circular Letter 2000-04Insurance Agents' Examination
Circular Letter 2000-03Interest Income due the contributions to the security fund life & non-life accounts
Circular Letter 2000-02Preparation of the 1999 Annual Statement
Circular Letter 2000-01Submission of Statistical Data