+ Follow ALL ASIA LIFE ASSURANCE CORP Tag
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(
[ArticleID] => 219475
[Title] => ATR-Kim Eng launches ALFA
[Summary] => ATR-Kim Eng Financial Corp., the country’s largest non-bank investment firm, launched last Aug. 25 its newly-acquired insurance arm — AsianLife Financial Assurance Corp. — vowing to be one of the country’s top 10 insurance companies in two years.
Formerly known as All Asia Life Assurance Corp., the company was acquired and renamed AsianLife Financial Assurance Corp. by ATR-Kim Eng Financial Corp. in March last year.
[DatePublished] => 2003-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 173125
[Title] => ATRKE poised to acquire All Asia Life Assurance
[Summary] => ATRKE Capital, a joint venture between the ATR Holdings Group and Singaporean listed investment holding company Kim Eng, is close to signing an agreement with the All Asia Trust & Capital Group for the acquisition of the latter’s insurance unit, All Asia Life Assurance Corp.
An official of the Securities and Exchange Commission said ATRKE Capital is in the process of finalizing an agreement for its acquisition of a majority interest in All Asia Life. The SEC official said both parties are trying to iron out some minor details before an agreement can be signed.
[DatePublished] => 2002-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 166884
[Title] => Manulife acquires orphaned policies of defunct Metlife
[Summary] => Canadian insurer Manufacturers Life Insurance Corp. Philippines Inc. (Manulife Philippines) has acquired the life insurance policies of Metlife Insurance Corp. of the Philippines (Metlife Philippines).
The US-based Metlife Phils. packed its bags in February this year after failing to meet its targets in 2001. The company obtained its operating license in September 2000.
Acquired by Manulife Phils. are a little over 100 life insurance policies under an assumption reinsurance agreement with Metlife Phils. The Insurance Commission (IC) approved the agreement recently.
[DatePublished] => 2002-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 166991
[Title] => Manulife acquires orphaned policies of defunct Metlife
[Summary] => Canadian insurer Manufacturers Life Insurance Corp. Philippines Inc. (Manulife Philippines) has acquired the life insurance policies of Metlife Insurance Corp. of the Philippines (Metlife Philippines).
The US-based Metlife Phils. packed its bags in February this year after failing to meet its targets in 2001. The company obtained its operating license in September 2000.
Acquired by Manulife Phils. are a little over 100 life insurance policies under an assumption reinsurance agreement with Metlife Phils. The Insurance Commission (IC) approved the agreement recently.
[DatePublished] => 2002-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 166386
[Title] => IC gives All Asia Life more time to raise its capital
[Summary] => The Insurance Commission (IC) has extended to September the deadline for All Asia Life Assurance Corp. to fill its capital deficiency.
"It is the final extension. If they fail again, we have to enforce the law," said IC Commissioner Eduardo T. Malinis.
The original deadline was set for end June this year. But the insurer sought an extension saying it was waiting for the court to issue what they expect to be a favorable decision involving certain properties, which would be used to fill up its capital deficiency of P123.4 million.
[DatePublished] => 2002-06-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 164361
[Title] => Philtread to restructure into a financial services firm
[Summary] => Philtread Holdings Corp. will restructure into a diversified financial services company following the programmed hike in ownership and control of the ATR-Kim Eng group in the former tire manufacturing company.
Philtread president Renato Leveriza said the company’s board of directors has approved the increase in the authorized capital stock from P300 million to P1.3 billion, to be funded by a preemptive rights offering of 500 million common shares and 100 million in detachable warrants.
[DatePublished] => 2002-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 138205
[Title] => All Asia Life gets more time
[Summary] => All Asia Life Assurance Corp. (All Asia Life) got another lease on life as the Insurance Commission (IC) extended to mid-November its decision on the issuance of a license for the insurance firm.
All Asia Life was reportedly able to submit last week documents covering the remaining P123.4-million capital deficiency. Among these documents are proof of ownership of the property in question, an appraiser’s report, proof of non-encumbrances in tax responsibilities, and others.
[DatePublished] => 2001-10-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 134378
[Title] => All Asia Capital seeks advisor for rehab plan
[Summary] => All Asia and Trust Corp. (AACTC) is looking for a financial advisor for its rehabilitation plan.
An AACTC source said they plan to tap a locally-based financial and consultancy firm such as SGV & Co.
[DatePublished] => 2001-09-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 133611
[Title] => All Asia Capital seeks debt relief
[Summary] => All Asia Capital and Trust Corp. (AACTC) has applied for debt relief while the future of its subsidiary – All Asia Life Assurance Corp. (All Asia Life) – hangs in the balance.
AACTC has asked the Makati Regional Trial Court to order a suspension of its payments on its debt amounting to $17 million representing a primary debt from the International Finance Corp. (IFC), the investment arm of the World Bank.
[DatePublished] => 2001-09-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 96201
[Title] => All Asia stockholders rap IFC over rehab
[Summary] => Stockholders of the All AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.
In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.
However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.
Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.
[DatePublished] => 2001-02-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
ALL ASIA LIFE ASSURANCE CORP
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 219475
[Title] => ATR-Kim Eng launches ALFA
[Summary] => ATR-Kim Eng Financial Corp., the country’s largest non-bank investment firm, launched last Aug. 25 its newly-acquired insurance arm — AsianLife Financial Assurance Corp. — vowing to be one of the country’s top 10 insurance companies in two years.
Formerly known as All Asia Life Assurance Corp., the company was acquired and renamed AsianLife Financial Assurance Corp. by ATR-Kim Eng Financial Corp. in March last year.
[DatePublished] => 2003-09-02 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 173125
[Title] => ATRKE poised to acquire All Asia Life Assurance
[Summary] => ATRKE Capital, a joint venture between the ATR Holdings Group and Singaporean listed investment holding company Kim Eng, is close to signing an agreement with the All Asia Trust & Capital Group for the acquisition of the latter’s insurance unit, All Asia Life Assurance Corp.
An official of the Securities and Exchange Commission said ATRKE Capital is in the process of finalizing an agreement for its acquisition of a majority interest in All Asia Life. The SEC official said both parties are trying to iron out some minor details before an agreement can be signed.
[DatePublished] => 2002-08-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 166884
[Title] => Manulife acquires orphaned policies of defunct Metlife
[Summary] => Canadian insurer Manufacturers Life Insurance Corp. Philippines Inc. (Manulife Philippines) has acquired the life insurance policies of Metlife Insurance Corp. of the Philippines (Metlife Philippines).
The US-based Metlife Phils. packed its bags in February this year after failing to meet its targets in 2001. The company obtained its operating license in September 2000.
Acquired by Manulife Phils. are a little over 100 life insurance policies under an assumption reinsurance agreement with Metlife Phils. The Insurance Commission (IC) approved the agreement recently.
[DatePublished] => 2002-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 166991
[Title] => Manulife acquires orphaned policies of defunct Metlife
[Summary] => Canadian insurer Manufacturers Life Insurance Corp. Philippines Inc. (Manulife Philippines) has acquired the life insurance policies of Metlife Insurance Corp. of the Philippines (Metlife Philippines).
The US-based Metlife Phils. packed its bags in February this year after failing to meet its targets in 2001. The company obtained its operating license in September 2000.
Acquired by Manulife Phils. are a little over 100 life insurance policies under an assumption reinsurance agreement with Metlife Phils. The Insurance Commission (IC) approved the agreement recently.
[DatePublished] => 2002-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 166386
[Title] => IC gives All Asia Life more time to raise its capital
[Summary] => The Insurance Commission (IC) has extended to September the deadline for All Asia Life Assurance Corp. to fill its capital deficiency.
"It is the final extension. If they fail again, we have to enforce the law," said IC Commissioner Eduardo T. Malinis.
The original deadline was set for end June this year. But the insurer sought an extension saying it was waiting for the court to issue what they expect to be a favorable decision involving certain properties, which would be used to fill up its capital deficiency of P123.4 million.
[DatePublished] => 2002-06-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 164361
[Title] => Philtread to restructure into a financial services firm
[Summary] => Philtread Holdings Corp. will restructure into a diversified financial services company following the programmed hike in ownership and control of the ATR-Kim Eng group in the former tire manufacturing company.
Philtread president Renato Leveriza said the company’s board of directors has approved the increase in the authorized capital stock from P300 million to P1.3 billion, to be funded by a preemptive rights offering of 500 million common shares and 100 million in detachable warrants.
[DatePublished] => 2002-06-12 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096615
[AuthorName] => Christina Mendez
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 138205
[Title] => All Asia Life gets more time
[Summary] => All Asia Life Assurance Corp. (All Asia Life) got another lease on life as the Insurance Commission (IC) extended to mid-November its decision on the issuance of a license for the insurance firm.
All Asia Life was reportedly able to submit last week documents covering the remaining P123.4-million capital deficiency. Among these documents are proof of ownership of the property in question, an appraiser’s report, proof of non-encumbrances in tax responsibilities, and others.
[DatePublished] => 2001-10-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 134378
[Title] => All Asia Capital seeks advisor for rehab plan
[Summary] => All Asia and Trust Corp. (AACTC) is looking for a financial advisor for its rehabilitation plan.
An AACTC source said they plan to tap a locally-based financial and consultancy firm such as SGV & Co.
[DatePublished] => 2001-09-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 133611
[Title] => All Asia Capital seeks debt relief
[Summary] => All Asia Capital and Trust Corp. (AACTC) has applied for debt relief while the future of its subsidiary – All Asia Life Assurance Corp. (All Asia Life) – hangs in the balance.
AACTC has asked the Makati Regional Trial Court to order a suspension of its payments on its debt amounting to $17 million representing a primary debt from the International Finance Corp. (IFC), the investment arm of the World Bank.
[DatePublished] => 2001-09-14 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 96201
[Title] => All Asia stockholders rap IFC over rehab
[Summary] => Stockholders of the All AsiaCapital Group have accused the International Finance Corp. (IFC) of standing in the way of the group’s rehabilitation.
In a press briefing yesterday, All AsiaCapital vice chairman Eusebio H. Tanco said the only way to save the group is to infuse additional capital.
However, the IFC rejected the plan as this will dilute its seven-percent equity in the group.
Tanco explained that by infusing capital, the different companies belonging to the group can become economically viable either for further operation or for sale.
[DatePublished] => 2001-02-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
September 2, 2003 - 12:00am
