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+ Follow CITADEL INSURANCE CORP Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 182724 [Title] => IC orders liquidation of 7 insurers; 3 more lined up [Summary] => Seven non-life insurance companies has been ordered for liquidation while three more have been placed under receivership by the Insurance Commission (IC) for capital inadequacy and margin of solvency deficiency.
All nine firms were issued a cease and desist order (CDO) barring them from continuing business such as issuance of bonds, sale of non-life insurance products like fire insurance, motor or vehicle insurance.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
CITADEL INSURANCE CORP
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 182724 [Title] => IC orders liquidation of 7 insurers; 3 more lined up [Summary] => Seven non-life insurance companies has been ordered for liquidation while three more have been placed under receivership by the Insurance Commission (IC) for capital inadequacy and margin of solvency deficiency.
All nine firms were issued a cease and desist order (CDO) barring them from continuing business such as issuance of bonds, sale of non-life insurance products like fire insurance, motor or vehicle insurance.
[DatePublished] => 2002-11-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
abtest
By Ted P. Torres | November 5, 2002 - 12:00am
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President Ferdinand Marcos Jr. on Monday signed a new law that streamlines tax incentives for businesses in the Philippines, including the taxation of companies in special economic zones.
2 days ago
During the conference, Finance Secretary Ralph Recto emphasized the importance of a business environment that supports consistent progress.
4 days ago
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