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Full operations swing into gear at WestLife Insurance

Friday, July 11, 2025 | 710 Views |

WestLife Insurance has officially returned to full operations following the lifting of Statutory Management by the Non-Bank Financial Institutions Regulatory Authority (NBFIRA) this week.

The exit follows an extensive restructuring process and the implementation of a strengthened governance framework, aimed at enhancing the company’s long-term sustainability and accountability.

A key component of the recovery has been a substantial capital injection of P20 million from shareholders, which has significantly bolstered WestLife’s financial standing and operational stability.

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