Latest news with #financialresilience
Yahoo
a day ago
- Business
- Yahoo
Ph fintech GCash unlocks insurance for 14 million Filipinos
MANILA, Philippines, June 27, 2025 /PRNewswire/ -- Insurance has traditionally been perceived as a luxury for many Filipinos, often sidelined due to daily financial priorities. GCash, the country's leading finance super app, is changing this through its digital insurance platform, GInsure. Launched in 2021, GInsure offers flexible, straightforward, and affordable coverage and is conveniently available on a platform trusted by millions. As of the first quarter of 2025, GInsure has unlocked insurance for over 14.6 million users, issuing more than 51.4 million policies. "We are humbled to be able to come to the aid of users who are looking for a more affordable and accessible way to protect themselves and their loved ones," said Winsley Bangit, GCash VP and Head of New Businesses. Focusing on affordability, GCash enables more Filipinos to build financial resilience. Users can select from over 48 insurance products in the app's Marketplace, covering Health, Life, Travel, and more, underwritten by GCash's partners. Protection can also be enhanced when transacting online. For instance, "Express Send Scam Insurance" provides personal cyber protection for just Php30 for 30 days. More recently, GInsure introduced "Buy Load Plus Health Insurance", offering free health and accident insurance to customers purchasing mobile load credits via the GCash app. Eligible users can receive up to Php 30,000 in free accident and health insurance benefits, including hospital income coverage of Php 500 per day for up to 5 days if unable to work at no additional cost. For GCash, micro-insurance is a practical way to extend financial protection to those traditionally uninsured or under-insured, addressing communities with the greatest need but limited access to conventional products. This initiative helps make financial protection a realistic part of everyday life for millions of Filipinos. For more details, visit View original content to download multimedia: SOURCE GCash Sign in to access your portfolio
News24
2 days ago
- Business
- News24
Avoid regret: Insurance tips for making smarter decisions
Insurance adds value to both life and items we own, offering stability, security, and peace of mind. It plays a critical role in helping us manage life's uncertainties that have financial implications. Santam's 2025 insurance barometer report, surveying nearly 900 South African customers, businesses and brokers, highlights the emerging risks we face today. It makes a case for the importance of informed, forward-thinking insurance decisions. The risks identified in South Africa The report notes how South African households are feeling impacted by the persistently high inflation and interest rates, with 84 percent of consumer survey respondents saying they have had to make adjustments to cope with the increased cost of living. Atang Matebesi, CEO of Santam Client Solutions, notes how the changes in the local and international risk landscape mean the local short-term insurance industry must continue to adapt at a rapid pace. Atang says, 'Weather volatility, infrastructure concerns and socio-economic challenges have created a tough environment for local insurers.' READ MORE | 6 ways to master financial resilience through tough economic times Beyond the cost of living, the report highlights other concerns, which include: Crime - '16 percent more consumer respondents citing it as a top three risk for their households now, compared with 2023'. Climate change - '78 percent of consumers citing they are in some way concerned about the threat of extreme weather events'. Cost of living - 47 percent cite economic challenges. With the changing role of insurance brokers, the report highlights how insurers must provide meaningful risk management tools. Beyond this, there's the growing question of how to make more informed insurance choices. Where does it start and where does it end? Types of insurance Investopedia, a U.S.-based financial publication, notes these four types of crucial insurance policies you need: Life insurance; Health insurance; Long-term disability coverage; and Car-insurance. READ MORE | Nicolette Mashile on financial literacy - 'It should be a basic human right' Tips on picking the right insurance policy for you South Africa-based MiSure Insurance Brokers suggests you consider the following:
Bloomberg
3 days ago
- Business
- Bloomberg
Declining Climate Funding Spurs Index of Most Vulnerable Nations
A new climate risk index seeks to help get the dwindling pool of aid for climate adaptation to the countries that need it most. The Climate Finance Vulnerability Index combines factors measuring a country's exposure to climate hazards with indicators of its financial resilience, including access to loans and level of debt. It's designed to help funders direct grants and low-interest loans to countries that are both most exposed to climate perils and less able to access funds through other means.
Zawya
20-06-2025
- Business
- Zawya
Côte d'Ivoire Prime Minister Robert Beugré Mambé Opens 16th African Union of Broadcasting (AUB) General Assembly in Abidjan
Abidjan hosted the opening of the 16th General Assembly of the African Union of Broadcasting (AUB) ( on June 19, 2025. The ceremony, held under the high patronage of Mr. Robert Beugré Mambé, Prime Minister of the Republic of Côte d'Ivoire, brought together a plethora of distinguished guests, including ambassadors, directors-general, ministers, academics, media professionals, students, and civil society members from around the world. Under the impactful theme "Developing Media: Strategies for Financial and Technological Resilience, and Innovative Content," this assembly promises crucial discussions for the future of the African media landscape. In his inaugural speech, Prime Minister Mambé highlighted the essential role of media in societal transformation: "Media represents a true opportunity for our country. We are counting on you to preserve and strengthen this asset, through the consultation framework offered to you. It is from this dialogue that the right answers to our questions will emerge." This was a clear call for collaboration and the search for collective solutions. For Cléophas Barore, President of the AUB Executive Council, the funding challenge is omnipresent: "The financing of production and broadcasting remains a daily struggle. These challenges are marked by resource scarcity, fierce competition from new media, information multinationals, and many others." This observation underscores the urgent need for innovation in a constantly evolving media environment. Amadou Coulibaly, Minister of Communication and Government Spokesperson, for his part, urged broadcasters to embrace new media to better capture the African audience. "With the AUB, your Union, I urge you to work tirelessly to sustainably retain the African audience, in its diversity, by notably taking into account new communication and broadcasting channels such as social media, streaming, OTT, and podcasts, by innovating and valuing local content, our historical, cultural, tourist, and socio-economic values. I commit you to this!" he affirmed, emphasizing the importance of innovation and the promotion of local content in the face of information globalization. The productive first day also featured a visit to the exhibition stands, offering participants the opportunity to discover the latest innovations in content creation and to forge partnerships. The 16th AUB General Assembly continues on June 20, 2025, with the Union's statutory proceedings and the Awards ceremony. Grégoire NDJAKA Director General Distributed by APO Group on behalf of African Union of Broadcasting (AUB).
Yahoo
19-06-2025
- Business
- Yahoo
Delta Air Lines Boosts Dividend 25%
Delta Air Lines (NYSE:DAL) raises its quarterly dividend by 25% to $0.1875 per share, up from $0.15. the Atlanta-based carrier said the payout yields 1.58%, with the potential for investors to view it as a sign of financial resilience. Warning! GuruFocus has detected 3 Warning Sign with DAL. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Delta's yield sat below 1% for much of the past decade, barely blinking until the COVID crash sent shares tumbling in early 2020. That panic spike saw yields shoot toward 8% as the stock price collapsedan eye-popping moment nobody wanted. Then yields plummeted through 2021 as the airline battened down the hatches. Fast-forward to 2023 and beyond, Delta quietly crept back in with a low-single-digit yield, reflecting its cautious comeback. Now, after this week's 25% boost, the forward yield nears 1.6%, signaling renewed confidenceeven if it's still modest by historical standards. This article first appeared on GuruFocus.
