PH makes it easier for reinsurers to bid for insurance of public assets in disaster-prone areas

PH makes it easier for reinsurers to bid for insurance of public assets in disaster-prone areas

The Philippines will invite reinsurers for the re-bidding of the planned P2-billion national indemnity insurance program to insure and protect public assets in disaster-prone areas, this time with less stringent documentary requirements. In Resolution No. 10-2020, the interagency Government Procurement Policy Board (GPPB) said it this month amended the bidding documents for procurement of international […]