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                    [ArticleID] => 260606
                    [Title] => Pre-need sector suffers 9.5% drop in sales
                    [Summary] => Mirroring low consumer confidence in light of the uncertain global economy, the country’s pre-need industry suffered a 9.5 percent decline in sales for the first six months of the year,   the Securities and Exchange Commission (SEC) reported over the weekend.


The number of plans sold for the first semester decreased to 246,766 from 272,923 in the same period last year, with education and life plans reporting a 14 percent and 26 percent decline, respectively in their sales.     


                    [DatePublished] => 2004-08-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 253165
                    [Title] => Pre-need sales drop 11.6% in 4 mos
                    [Summary] => The country’s pre-need industry reported an 11.6 percent decline in sales during the first four months of the year as investors continued to wait for business conditions to stabilize and for the outcome of the national elections.


The number of pre-need plans sold during the period from January to April 2004 fell to 159,669 from 180,621 in the same period last year.


The value of these plans, however, rose 7.3 percent to P11.36 billion from only P10.59 billion the previous level.  


                    [DatePublished] => 2004-06-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 207774
                    [Title] => Philam Plans sets ambitious targets
                    [Summary] => Philam Plans Inc., the pre-need company of financial giant Philippine American Life and General Insurance Co., is looking to be the first pre-need company to breach the P10-billion mark in terms of pre-need price (PNP) levels by end 2003 or early 2004.


As of end 2002, its PNP stood at P8.1 billion selling a total of 75,980 plans (more than half a million plan holders) since the start of operations in 1989.


If it is any strong indicator, Philam Plans‚ initial first quarter sales grew by a whooping 26 percent.


                    [DatePublished] => 2003-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 202896
                    [Title] => Prudential Plans grabs lead
                    [Summary] => Prudential Plans Inc. has taken the overall leadership in the country’s pre-need industry, accounting for a market share of almost 20 percent in the first two months this year.


Based on preliminary data from the Securities and Exchange Commission (SEC), Prudential Plans breached the P1-billion mark with consolidated sales of P1.23 billion for January and February 2003.


As of end 2002, Philam Plans Inc. was the overall leader with P8.1 billion in pre-need price (PNP).


                    [DatePublished] => 2003-04-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

COMPREHENSIVE ANNUITY PLANS

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    [results] => Array
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            [0] => Array
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                    [ArticleID] => 260606
                    [Title] => Pre-need sector suffers 9.5% drop in sales
                    [Summary] => Mirroring low consumer confidence in light of the uncertain global economy, the country’s pre-need industry suffered a 9.5 percent decline in sales for the first six months of the year,   the Securities and Exchange Commission (SEC) reported over the weekend.


The number of plans sold for the first semester decreased to 246,766 from 272,923 in the same period last year, with education and life plans reporting a 14 percent and 26 percent decline, respectively in their sales.     


                    [DatePublished] => 2004-08-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 253165
                    [Title] => Pre-need sales drop 11.6% in 4 mos
                    [Summary] => The country’s pre-need industry reported an 11.6 percent decline in sales during the first four months of the year as investors continued to wait for business conditions to stabilize and for the outcome of the national elections.


The number of pre-need plans sold during the period from January to April 2004 fell to 159,669 from 180,621 in the same period last year.


The value of these plans, however, rose 7.3 percent to P11.36 billion from only P10.59 billion the previous level.  


                    [DatePublished] => 2004-06-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 207774
                    [Title] => Philam Plans sets ambitious targets
                    [Summary] => Philam Plans Inc., the pre-need company of financial giant Philippine American Life and General Insurance Co., is looking to be the first pre-need company to breach the P10-billion mark in terms of pre-need price (PNP) levels by end 2003 or early 2004.


As of end 2002, its PNP stood at P8.1 billion selling a total of 75,980 plans (more than half a million plan holders) since the start of operations in 1989.


If it is any strong indicator, Philam Plans‚ initial first quarter sales grew by a whooping 26 percent.


                    [DatePublished] => 2003-05-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 202896
                    [Title] => Prudential Plans grabs lead
                    [Summary] => Prudential Plans Inc. has taken the overall leadership in the country’s pre-need industry, accounting for a market share of almost 20 percent in the first two months this year.


Based on preliminary data from the Securities and Exchange Commission (SEC), Prudential Plans breached the P1-billion mark with consolidated sales of P1.23 billion for January and February 2003.


As of end 2002, Philam Plans Inc. was the overall leader with P8.1 billion in pre-need price (PNP).


                    [DatePublished] => 2003-04-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Pre-need sector suffers 9.5% drop in sales

By Zinnia B. Dela Peña | August 9, 2004 - 12:00am

Mirroring low consumer confidence in light of the uncertain global economy, the country’s pre-need industry suffered a 9.5 percent decline in sales for the first six months of the year, the Securities and...

Business

Pre-need sales drop 11.6% in 4 mos

By Zinnia B. Dela Peña | June 9, 2004 - 12:00am

The country’s pre-need industry reported an 11.6 percent decline in sales during the first four months of the year as investors continued to wait for business conditions to stabilize and for the outcome of the...

Business

Philam Plans sets ambitious targets

May 27, 2003 - 12:00am

Philam Plans Inc., the pre-need company of financial giant Philippine American Life and General Insurance Co., is looking to be the first pre-need company to breach the P10-billion mark in terms of pre-need price...

Banking

Prudential Plans grabs lead

By Ted P. Torres | April 16, 2003 - 12:00am

Prudential Plans Inc. has taken the overall leadership in the country’s pre-need industry, accounting for a market share of almost 20 percent in the first two months this year. Based on preliminary data from...

Business