In a speech addressed to the Life Insurance Industry Association, Department of Finance Secretary Ralph Recto emphasized the urgent need to address the low insurance penetration in the Philippines. In line with this, Cebuana Lhuillier eagerly joins Secretary Recto in this mission by leveraging the company’s extensive experience and innovative solutions.
Part of Finance Secretary Recto’s speech promoted microinsurance to ensure the stability of every household without incurring high costs. As a trailblazer in the microfinance industry, Cebuana Lhuillier continues to play a massive role in reinstating itself as a leading microinsurance institution.
