GSIS is now accepting optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through its partner bank, Land Bank of the Philippines (LANDBANK). This is in line with the continuing effort of the state pension fund to provide an enhanced customer experience using digital platforms. ONLI is a benefit granted exclusively to GSIS active members, retirees, pensioners, and their qualified dependents so that they can avail of insurance protection for themselves and for their property/ies against accidents or unforeseen events. It includes coverage for motor vehicle insurance, fire insurance, and personal accident insurance. “We...
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GSIS non-life insurance premiums hit a record-breaking P6.8 B in 2022
Date published: Feb 06,2023February 6, 2023
In Media Center, Press ReleasesTags history, insurance, premiums, record
The Government Service Insurance System (GSIS) reported a record-breaking P6.8 billion gross premiums written (GPW) in its non-life insurance business for 2022, the highest ever recorded by GSIS in its history. GSIS’s 2022 GPW is up by 15% from last year’s P5.9 billion. It also recorded a 33% or P1 billion increase in its net premium written on the same year, from P3 billion in 2021 to P4 billion in 2022. With a net worth of P41 billion in 2022, GSIS is now the biggest non-life insurer in the country. “I commend the men and women of GSIS who made...
GSIS intensifies insurance coverage of gov’t agencies in typhoon-prone Bicol region
Date published: Nov 11,2022November 14, 2022
In Media Center, Press ReleasesTags calamity, coverage, insurance
Bicol – Government Service Insurance System (GSIS) president and general manager Wick Veloso is ramping up its mandate to protect as many government agencies in the country from calamities especially in the typhoon-prone area of Bicol through insurance. This was Mr. Veloso’s statement during his visit to the cities of Legazpi, Naga, and Sorsogon in the Bicol region on November 10 and 11, 2022. “We don’t know when the next calamity will strike. Preparedness can cushion the impact of such unfortunate events. It would be a big help if government offices are insured so that they can recover from its...
GSIS pays P10M in insurance to Pasig City Gov’t
Date published: Apr 25,2022April 25, 2022
In Media Center, Photo ReleasesTags insurance, pasig, Sotto, Vico
Government Service Insurance System (GSIS) Insurance Group OIC-SVP Joseph Philip Andres (right) turns over a check worth P10.33 million to Pasig City Mayor Victor Ma. Regis “Vico” Sotto (left) on April 18 as insurance claim payment for the Pasig City General Hospital. The hospital’s Medical Supply Room was destroyed by a fire in May 2021.
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