The 2019 reports were a pleasant surprise to the insurance industry: contrary to the impression of Filipinos being conservative spenders, the industry was found to have grown significantly in 2019 prior to pandemic.
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By law, employee benefits in the Philippines come from contributions to SSS, Philhealth, and PAG-IBIG fund in addition to set work days and leaves.
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CSR, or corporate social responsibility, is perceived as company lip service. That is unsurprising, as companies have long been perceived as only after profit.
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Generali is in the business of long-term trust and commitment. For that level of trust, we implement a strategy of creating long-term value for our stakeholders.
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When a business commits to being sustainable, it means they are looking to grow beyond the profit margins.
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