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MANILA, Philippines — The Government Service Insurance System (GSIS) saw its first-quarter 2026 earnings surge 170 percent, driven by strong investment gains that offset higher claims and benefit payouts.

In a statement on Thursday, GSIS said its net income climbed to P43.6 billion as of end-March, from P16.1 billion in the same period last year.

The figure already accounts for more than a third of the agency’s full-year net income target of P130.91 billion.

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