GSIS allocates P69.1 million for quake damage claims (opens original article in a new tab)

GSIS has allocated P69.1 million in loss reserves to cover initial claims for government properties damaged by the Mindanao earthquake. The amount may be adjusted based on new reports and assessments, with General Santos city having the largest reported insured properties. GSIS is assisting with damage assessments and encourages agencies to review their insurance coverage.

• GSIS allocates P69.1 million for initial quake damage claims
• Amount may be adjusted based on field assessments
• General Santos city has largest reported insured properties
• GSIS encourages agencies to review insurance coverage