Lakbay Aral Summary for 2019

For the second half of the year, 266 CARD MRI members and staff visited the Microinsurance MBA Association of the Philippines Inc. (MiMAP, also known as RIMANSI). These participants visited for the Lakbay Aral organized by CARD MRI wherein staff and members are introduced to partner organizations and institutions.

MiMAP has dialogue meeting with Insurance Commission

On October 17, 2019, MiMAP Board officers and members had a dialogue with the Insurance Commission (IC). The association presented key sectoral updates to the IC. Important matters such as the IFRS17 implementation, the Mi-MBA tax exemption and the proposed self-regulatory organization (SRO) for Mi-MBAs were discussed.

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At-a-Glance - December 2019

Mi-MBA Members - Partners



6.86 Million

Individual Insured

24.93 Million

Contribution - Premium

4.81 Billion

Claims - Paid

1.43 Billion

Equity Value Cumulative

10.24 Billion

Equity Value For The Year

956.10 Million

Release of Equity Value

447.82 Billion

Total Number of Claims Paid (BLIP)


Average Amounts of Death Claims per Day

3.91 Million

Average Number of Death Claims per Day


Mi-MBA Claims Updates during National State of Calamity

Covered Period : March 16 to June 15

“There are 261 COVID-19 related claims “

Total amount of claims paid

309.60 Million

Average amount of claims paid daily

4.24 Million

Total numbers of claims paid


Average numbers of claims paid daily


Stories Behind Us



Annual General Meeting
July 13, 2020
Annual General Meeting