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Allianz PNB Life expands coverage for COVID-19 vaccines
Despite the variety of safe and effective options available to the public, and the numerous endorsements from health experts and authorities, public anxiety over vaccines persists. And while certain risks may cause concern, the vaccine’s benefits far outweigh them.

Since the start of the Philippines’ mass vaccination program in March, over a million vaccines have been administered to Filipinos to fight COVID-19. However, slow rollout and low vaccination rates in the country prove that the population still has a long way to go before it can achieve herd immunity to end the pandemic.
So far, the vaccines available and given in the Philippines are Sinovac and AstraZeneca. Johnson & Johnson’s Janssen and Bharat Biotech’s Covaxin have also been approved for emergency use. Other vaccines expected to arrive in the coming months are Moderna, Gamaleya’s Sputnik V, Novavax, and those from the World Health Organization’s (WHO) COVAX facility. With these incoming vaccines, the government is expected to ramp up inoculation by the second half of the year to inoculate at least 50 to 70 million Filipinos within 2021.
Despite the variety of safe and effective options available to the public, and the numerous endorsements from health experts and authorities, public anxiety over vaccines persists. And while certain risks may cause concern, the vaccine’s benefits far outweigh them.
Recent data has shown that the four leading countries in terms of vaccination have succeeded in flattening or decreasing cases after inoculating over 40% of their population. In Israel, severe cases and deaths declined rapidly after more than 84% of its elderly population were fully vaccinated in February. This has allowed their authorities to ease up on previous restrictions and for the public to now go mask-free.
“All is well” in building immunity against COVID
At present, Allianz PNB Life is one with the Filipino people in fighting COVID-19. “COVID-19 has posed many different challenges to people’s health and finances. Much like the vaccines available now, Allianz Well! is a timely offer that can protect people from the effects of the pandemic, including but not limited to COVID-19,” said CEO Alexander Grenz.
Through Allianz Well!, customers can get their COVID-19 vaccine as soon as it is available from a preferred healthcare provider. Its Wellness Benefit covers up to Php 10,000 yearly and allows reimbursement for vaccines up to this amount. On top of a quick and easy claims process, the policy fully covers hospitalization and emergency care for COVID-19, along with cancer treatment, dialysis, and organ transplant.
It also offers convenient and reliable care with unlimited, 24/7 expert telemedicine consultation. With an annual plan limit of Php 100 million that’s one of the highest in the country today, it can supplement any existing HMO so you can get treated whenever and wherever by your chosen provider.
“Our policy is tailored to ensure that Filipinos get the best and most comprehensive kind of coverage,” said Grenz. “This is our way of saying that all is well and all should be well because Allianz is with them during COVID-19 and beyond.”
To help ease worries surrounding vaccination, below are answers by the World Health Organization, Department of Health, and Philippine General Hospital to some of the frequently asked questions about the COVID-19 vaccine:
- What is vaccine efficacy?
Vaccine efficacy is the effectiveness of a vaccine in controlled trials. WHO requires vaccines to have an efficacy rate of at least 50% and ensures they undergo rigorous testing and screening before they are approved. For example, a vaccine with a 50% rate reduces your chances of contracting COVID-19 by 45%. So far, all approved vaccines are 100% effective in preventing severe symptoms, hospitalization, and death due to COVID-19.
- Does the COVID-19 vaccine have any side effects?
Side effects are common not just in vaccines but other prescription and over-the-counter drugs too. Side effects from vaccines indicate that the body is starting to protect you from the virus. Common ones include fatigue, body pains, fever, chills, and nausea which last only a few days.
- Who cannot take the vaccine?
Only those who show allergic response to the vaccine after the first dose or its certain components from past treatments should not take it. Individuals who are allergic to other vaccines, immunocompromised, and/or pregnant or breastfeeding mothers with comorbidities should consult their doctor before getting vaccinated. The same goes for those receiving steroids, anticoagulation therapy, and/or antibody-based COVID-19 therapy.
Before taking any important steps regarding your health, it is always best to consult a medical professional. Allianz urges everyone to stay well, informed, and future-proof through the pandemic.
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Manulife Wealth and Asset Management appoints Fabio Fontainha as Head of Asia
Fabio will be a member of the Manulife WAM leadership team and Manulife’s Global Leadership Team (GLT). He will be based in Hong Kong and report to Paul Lorentz and will also have accountability into Phil Witherington, President and CEO, Manulife Asia.

Manulife Wealth and Asset Management (Manulife WAM), the global wealth and asset management business of Manulife that brings investment solutions to institutional, retirement, and retail customers across the globe, has announced Fabio Fontainha as its new Head of Wealth & Asset Management, Asia, effective February 2025. Fabio succeeds Michael Dommermuth, who is leaving the firm at the end of the year.
“We are excited for Fabio to build on the momentum that has been growing for Manulife Wealth and Asset Management in Asia as we look to provide wealth and investment solutions to even more investors. We believe his expertise in key areas of focus for our business will make his transition into the role feel tangible almost immediately,” said Paul Lorentz, President and CEO, Manulife Wealth and Asset Management. “We are also appreciative of Michael’s commitment to our firm and the impact he has had on our expansion in multiple markets over more than two decades, ranging from multiple emerging Asia markets including India, as well as the conversion of our joint venture in China into a wholly-owned entity in Manulife Fund Management. We are grateful for his leadership that has provided broader capabilities to our clients across Asia.”
Fabio will be a member of the Manulife WAM leadership team and Manulife’s Global Leadership Team (GLT). He will be based in Hong Kong and report to Paul Lorentz and will also have accountability into Phil Witherington, President and CEO, Manulife Asia.
Fabio will collaborate closely with all country and regional heads, chief investment officers, and global product teams to deliver investment capabilities for the region. He will also drive Manulife WAM’s strategic growth plans locally and provide local oversight to the retail, retirement and institutional businesses, partner closely with local functional heads, and serve as a touch point for teams working on strategic initiatives throughout Asia.
Fabio was previously at Citigroup where he had an extensive career spanning more than three decades including experience with consumer and private wealth, as well as retail markets. He has also lived and worked in Tokyo, Singapore, and Kuala Lumpur during this time. He most recently served as Global Business Execution Head – Citi Private Bank. Throughout his career he has managed global, regional, and local businesses in Asia, Latin America, Europe, the United States, and the Middle East with various mandates including Head of Retail Banking for Citi across APAC (Asia Pacific) and EMEA (Europe Middle East Africa).
“I’m delighted to be joining Manulife WAM at a significant inflection point in their business. I have been privileged to see the expansion and growth in Asia throughout my career and admire the progress and the commitment Manulife WAM has made to serve its clients in the region,” said Fabio. “I am looking forward to bringing my knowledge and expertise to this role and help to meet the goals of our institutional, retail and retirement clients.”
Manulife WAM believes its business will see additional organic growth opportunities as a result of prevalent global megatrends including the retirement savings gap, increased longevity and the need for individuals to prepare for potentially spending additional years – or even decades – in retirement compared to previous generations, and the anticipated demand from both the middle class and high net-worth populations who are seeking additional solutions to save and invest and new strategies to diversify their portfolios.
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PhilCare members can now access Healthway’s full-service offerings
This development comes on the heels of a recent partnership that allows PhilCare members to receive leading-edge, holistic, and affordable cancer treatment via the Healthway Cancer Care Hospital (HCCH).

PhilCare, one of the country’s top HMO providers, has entered into a partnership with Healthway Multi-Specialty Centers (HMC), the clinic arm of Healthway Medical Network (HMN), to provide its members access to their full suite of services, from diagnostics to primary care.
This development comes on the heels of a recent partnership that allows PhilCare members to receive leading-edge, holistic, and affordable cancer treatment via the Healthway Cancer Care Hospital (HCCH).
“We are excited to be joining forces with PhilCare as they are aligned with our entire care continuum model that starts from screening, diagnosis, and treatment, all the way to post-recovery. We’re happy that their members can now access our multi-specialty clinics and hospitals located all over the Philippines,” said Mr. Jaime Ysmael, Healthway Medical Network President and CEO.
“Our Healthway Multi-Specialty Centers are very eager to develop special programs and packages for PhilCare members, as well as to deliver high-quality care to them in the most efficient way possible. I am certain that the partnership will expand to other exciting mutually beneficial initiatives,” Mr. Ysmael continued.
According to PhilCare Executive Vice President for Operations Raymond Tiangco, the partnership is a testament to the alignment of the goals, mission, and vision of PhilCare and Healthway Medical Network, through its Multi-Speciatly Centers, to provide quality care to the Filipinos – and this sets his company apart from the rest of the market.
“Unlike other HMOs that are putting up their own clinics, PhilCare has a different plan,” he added. “We intend to partner with experts. And there is no more premium brand than Healthway when it comes to delivering healthcare services.”
Healthway Multi-Specialty Centers COO Edwin Magsino said that HMC is happy to become the go-to provider of PhilCare members for essential healthcare needs. He is confident that the partnership will satisfy the needs of many people—from their entry to the clinic all the way to their availment of HMC services.
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Watson boosts global expansion, unveils 16,800th store worldwide
This store was opened in Rotterdam, marking a remarkable milestone in AS Watson’s ongoing expansion and its commitment to delivering a seamless and exceptional O+O (Offline plus Online) customer experience.

As Watson, the parent company of Watsons Philippines, announced the grand opening of its 16,800th store worldwide, further consolidating its position as the world’s largest international health and beauty retailer, with a portfolio of 12 brands operating across 29 markets. This store was opened in Rotterdam, marking a remarkable milestone in AS Watson’s ongoing expansion and its commitment to delivering a seamless and exceptional O+O (Offline plus Online) customer experience.
Dr. Malina Ngai, Group CEO of AS Watson, expressed her excitement at the store opening ceremony, “The opening of our 16,800th store represents more than our growth as a company – it symbolises our commitment to serving the communities worldwide. With every store we open, we create jobs, foster customer relationships, and build lasting trust.”
“16,800 is a number with special meaning in Chinese culture. The number 6 symbolises ‘everything goes smoothly’ while 8 represents ‘good fortune’. We embrace the special meaning of this milestone and look forward to a future of lasting success and prosperity, not only for our business growth but also in extending these best wishes for a brighter future for the world during this festive Christmas season,” Malina added.
Commitment to Continuous Growth
Ed van de Weerd, CEO of AS Watson Benelux, remarked, “We’re honoured that AS Watson’s 16,800th store worldwide opens in vibrant Rotterdam, demonstrating AS Watson’s steadfast commitment to growth in the Benelux region and globally. As the No. 1 health and beauty retailer in the Netherlands, Kruidvat serves its customers with nearly 1,000 O+O stores and over 24,000 passionate colleagues and has become an integral part of many Dutch people’s lives.”
The brand-new store will serve over 11,000 customers every week. As one of the largest Kruidvat stores, it spans over 770 square meters and is designed to enhance O+O shopping experience with clear in-store navigation. The store offers an extensive assortment of over 36,000 products, making it the largest selection among all Kruidvat stores.
Watsons Philippines operates in over 1,100 stores nationwide, reflecting its commitment to bringing health, wellness, and beauty closer to every Filipino. Enhancing this experience is the Watsons app, which provides customers access to exclusive deals, personalized recommendations, and convenient services such as Click & Collect and home delivery.
Looking ahead, AS Watson remains committed to innovation and excellence in customer experience, and will continue its growth journey with the purpose of putting a smile on the customers’ faces today and tomorrow.
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