The Government Service Insurance System said Friday it signed a new technical agreement with the Japan International Cooperation Agency to help the pension fund grow its insurance business and continue to safeguard civil servants and government assets.
The initiative will focus on developing an effective Information and Education Campaign strategy to raise public awareness about the importance of insurance. GSIS reported a net income of P37 billion in the first quarter of 2024, a 21-percent increase from P30.75 billion a year ago. The growth in profitability was driven by strong revenues reaching P85 billion.
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