Since 1954, the Philippine Insurers and Reinsurers Association (PIRA) has been working to make all aspects of insurance easier for consumers, agents and insurance companies in the Philippines.
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PIRA started as the Philippine Insurance Rating Association whose job mainly was to come up with prescribed rates for insurance companies.
Four decades after its founding, the company merged with the Insurance and Surety Association of the Philippines (ISAP), with
PIRA changing its meaning to Philippine Insurers and Reinsurers Association.
PIRA at present is the voice of the Philippine non-life insurance industry, forecasting and responding to issues that may arise, and anticipating opportunities to enable its members to better serve their customers.
PIRA encompasses all non-life insurance companies in the Philippines. It is constantly trying to improve and achieve its mission to meet the needs of its members.
PIRA represents the collective interests of the Philippine non-life insurance industry. It speaks out on issues of common interest; helps to inform and participate in debates on public policy issues; and acts as an advocate for the insurance industry.