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CARD MRI releases P18 M disaster aid for Urduja, Vinta victims

A total of P18-million assistance was released by CARD Mutually Reinforcing Institutions (CARD MRI) to its more than 50,000 microfinance clients affected by typhoon Urduja and tropical storm Vinta. In the January 11, 2018 claims settlement report of CARD Mutual Benefit Association (CARD MBA), 34,000 CARD clients in Mindoro, Samar, Leyte, Cebu, Batangas, Capiz, Masbate, […]

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Safety net in times of uncertainties

A total of 155 microfinance clients of CARD, Inc. and CARD Bank, Inc. in Agdao and Sasa, Davao City who were affected by the fire incident on November 24, 2017 received a relief assistance from CARD Mutual Benefit Association (CARD MBA). This is to temporarily assist them while recovering from the situation. All microfinance clients […]

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ICMIF recognizes CARD MBA as one of the leading mutual insurers

  The International Cooperative and Mutual Insurance Federation (ICMIF) showed its latest key statistics report for 2016 which, recognizes CARD Mutual Benefit Association, Inc. (CARD MBA) as one of the leading companies in premium growth and global market share. The key statistics report is an annual overview of ICMIF members’ collective financial performance. CARD MBA was […]

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CARD MRI microinsurance group targets faster claims process

With its thrust to improve the claims settlement practice in the Philippines, the CARD Mutually Reinforcing Institutions (CARD MRI) microinsurance group will be producing Certified CARD Claims Adjuster (C3A) to bring faster service to its insured clients. C3A is a trained CARD staff who will be providing efficient and fast assessment of the liability of […]

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CARD MBA opens 52nd Provincial Office in Laoag, Ilocos Norte

CARD Mutual Benefit Association, Inc. (CARD MBA, Inc.) General Manager May Dawat (center), CARD MBA Deputy Director for Operations Luzon-1 AristopherPunzalan (left side of Ms. Dawat) and Chief Operating Officer RoselitoMagpantay (right side of Ms. Dawat),together with CARD Mutually Reinforcing Institutions (CARD MRI) staff celebrated another accomplishment for CARD MBA as they open their Provincial […]

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CARD’s microinsurance featured in UNISDR Global Conference

The experience of CARD Mutual Benefit Association (CARD MBA) in doing microinsurance in the country was recently featured in the United Nations International Strategy for Disaster Reduction (UNISDR) Global Platform Conference on Risk Transfer and Insurance for Resilience at Cancun, Mexico. The Global Platform for Disaster Risk Reduction, which was established in 2006, is the […]

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CARD’s microinsurance arm opens 50th branch in Tagaytay

CARD’s microinsurance arm opens 50th branch in Tagaytay

The CARD Mutual Benefit Association, Inc. (CARD MBA, Inc.), microinsurance arm of CARD Mutually Reinforcing Institutions (CARD MRI), recently opened its 50th Provincial Office (PO) in Tagaytay City. General Manager May Dawat said the expansion is for CARD MBA to be able to respond immediately to the microinsurance needs of CARD MRI clients. “As the […]

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CARD MBA leads the microinsurance industry in returning surplus to its members

The CARD Mutual Benefit Association (CARD MBA), Inc., the insurance arm of CARD Mutually Reinforcing Institutions (CARD MRI), returns its excess to its longtime members through the Experience Refund and Loyalty Reward. Section 408 of the Act strengthening the insurance industry known as The Insurance Code states that, “mutual benefit association shall only maintain free […]

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CARD’s microinsurance provider covers 12.3 million Filipinos in Q3

The microinsurance members of CARD Mutual Benefit Association (CARD MBA) rose to 12.3 million Filipinos nationwide this quarter, which is twenty-one per cent higher compared to the same quarter last year. “The significant increase means more families are now securing their household in times of uncertainties such as calamities and disasters,” shared CARD MBA General […]

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More than 100 Muslim couples tie the knot in Cotabato

Cotabato City- CARD Mutual Benefit Association, Inc. (CARD MBA), the insurance arm of CARD Mutually Reinforcing Institutions (CARD MRI), recently hosted a mass wedding to 110 Muslim couples, who are CARD members, in Biton Garden and Convention Center in Cotabato City. Marriage is an integral part in one’s life but few are given a chance […]

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