Array
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 195873
                    [Title] => Foreign insurers move out of RP life insurance industry
                    [Summary] => The country’s life insurance industry barely registered positive growth in 2002 battered somewhat by the worsening economic conditions, which among others reduced the number of players especially the foreign corps.


From an initial report released by the Department of Finance (DOF), total premium income of the life insurance sector grew by a measly 3.26 percent or from P30.029 billion in 2001 to P31 billion last year.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 180894
                    [Title] => More M&As seen as insurance sector consolidates
                    [Summary] => Manufactures Life Insurance Co. Philippines Inc. (Manulife Phils.) acquisition of the Philippine operations of CMG Life Insurance Co. (CMG Life) did not come as a surprise to the country’s insurance industry. 


The Manulife-CMG Life deal is merely a continuation of the consolidation of the country’s insurance industry in the face of a weakening Philippine economy, low interest rates, various levels of recession in the Japan, European and the US economies, and competition from other financial markets. 


                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 175463
                    [Title] => Premium income of life insurers up 11.5%
                    [Summary] => Total premium income of the country’s life insurance industry grew 11.53 percent, or from P26.933 billion in 2000 to P30.039 billion last year based on unofficial estimates. The life industry forecasted premium growth between 15 to 16 percent.


In 1999, premium income of the life insurance industry was registered at P22.403 billion. In 1998, premiums reached P19.358 billion.


Thus in the past four years, the life industry’s premium income grew by an annual average rate of 15.82 percent.


                    [DatePublished] => 2002-09-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

)

AETNA LIFE

Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 195873
                    [Title] => Foreign insurers move out of RP life insurance industry
                    [Summary] => The country’s life insurance industry barely registered positive growth in 2002 battered somewhat by the worsening economic conditions, which among others reduced the number of players especially the foreign corps.


From an initial report released by the Department of Finance (DOF), total premium income of the life insurance sector grew by a measly 3.26 percent or from P30.029 billion in 2001 to P31 billion last year.


                    [DatePublished] => 2003-02-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 180894
                    [Title] => More M&As seen as insurance sector consolidates
                    [Summary] => Manufactures Life Insurance Co. Philippines Inc. (Manulife Phils.) acquisition of the Philippine operations of CMG Life Insurance Co. (CMG Life) did not come as a surprise to the country’s insurance industry. 


The Manulife-CMG Life deal is merely a continuation of the consolidation of the country’s insurance industry in the face of a weakening Philippine economy, low interest rates, various levels of recession in the Japan, European and the US economies, and competition from other financial markets. 


                    [DatePublished] => 2002-10-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 175463
                    [Title] => Premium income of life insurers up 11.5%
                    [Summary] => Total premium income of the country’s life insurance industry grew 11.53 percent, or from P26.933 billion in 2000 to P30.039 billion last year based on unofficial estimates. The life industry forecasted premium growth between 15 to 16 percent.


In 1999, premium income of the life insurance industry was registered at P22.403 billion. In 1998, premiums reached P19.358 billion.


Thus in the past four years, the life industry’s premium income grew by an annual average rate of 15.82 percent.


                    [DatePublished] => 2002-09-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

        )

)

abtest

Foreign insurers move out of RP life insurance industry

By Ted P. Torres | February 18, 2003 - 12:00am

The country’s life insurance industry barely registered positive growth in 2002 battered somewhat by the worsening economic conditions, which among others reduced the number of players especially the foreign...

Banking

More M&As seen as insurance sector consolidates

By Ted P. Torres | October 22, 2002 - 12:00am

Manufactures Life Insurance Co. Philippines Inc. (Manulife Phils.) acquisition of the Philippine operations of CMG Life Insurance Co. (CMG Life) did not come as a surprise to the country’s insurance industry....

Banking

Premium income of life insurers up 11.5%

By Ted P. Torres | September 10, 2002 - 12:00am

Total premium income of the country’s life insurance industry grew 11.53 percent, or from P26.933 billion in 2000 to P30.039 billion last year based on unofficial estimates. The life industry forecasted premium...

Banking