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                    [ArticleID] => 317094
                    [Title] => Third party joins CTPL fray
                    [Summary] => The fight between the Government Service Insurance System (GSIS) and the Philippine Insurers and Reinsurers Association (PIRA) to get the P2.5-billion annual Compulsory Third Party Liability business is far from over, the insurance industry Spy-Ring reported. Both parties claim that they can solve the problem of insurance fraud that has been depriving government millions in unpaid taxes by crooked insurance companies. Finance Secretary Gary Teves, however, has turned down the GSIS proposal saying the CTPL business should stay in the private sector.
                    [DatePublished] => 2006-01-17 00:00:00
                    [ColumnID] => 135725
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                    [AuthorID] => 1730160
                    [AuthorName] => S.A. Maguire
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CONGRESSMAN JAIME C

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                    [Summary] => The fight between the Government Service Insurance System (GSIS) and the Philippine Insurers and Reinsurers Association (PIRA) to get the P2.5-billion annual Compulsory Third Party Liability business is far from over, the insurance industry Spy-Ring reported. Both parties claim that they can solve the problem of insurance fraud that has been depriving government millions in unpaid taxes by crooked insurance companies. Finance Secretary Gary Teves, however, has turned down the GSIS proposal saying the CTPL business should stay in the private sector.
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abtest

Third party joins CTPL fray

By S.A. Maguire | January 17, 2006 - 12:00am

The fight between the Government Service Insurance System (GSIS) and the Philippine Insurers and Reinsurers Association (PIRA) to get the P2.5-billion annual Compulsory Third Party Liability business is far from...

Business