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An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
As with flood insurance or insurance on damage from a hurricane or other large-scale disasters, insurance companies must be careful when assigning this type of insurance, because an earthquake strong enough to destroy one home will probably destroy dozens of homes in the same area. If one company has written insurance policies on numerous homes ...
Under the Philippine Disaster Risk Reduction and Management Act of 2010 (Republic Act 10121), a "state of calamity" is defined as "a condition involving mass casualty and/or major damages to property, disruption of means of livelihoods, roads and normal way of life of people in the affected areas as a result of the occurrence of natural or human-induced hazard".
Bureau of Fire Protection National headquarters along Senator Miriam P. Defensor-Santiago Avenue (formerly Agham Road) in Quezon City. The BFP was formed from the units of the Integrated National Police's Office of Fire Protection Service on January 29, 1991 through Republic Act No. 6975, which created the present Interior Department and placed the provision of fire services under its control.
The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance ...
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The Revised Fire Code of the Philippines of 2008, officially codified as Republic Act No. 9514, is a consolidation of Senate Bill No. 2553 and House Bill No. 4115, enacted and passed the Senate and the House of Representatives on October 6, 2008 and October 8, 2008, respectively.
The Insular Life Assurance Company, Ltd. (commonly known by its trade name, Insular Life, and shortened as InLife) is a mutual life insurance company in the Philippines. Established on November 25, 1910 in Manila , it is the first Filipino life insurance company.