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                    [ArticleID] => 131577
                    [Title] => CICI may lose license due to capital deficiency
                    [Summary] => The CICI General Insurance Corp., a Filipino-owned non-life insurance company, stands to lose its license if its fails to fill a capital deficiency of P59.426 million by the end of the month.


CICI General Insurance is a subsidiary of Westmont Investment Corp. (Wincorp), which was established by former Finance Secretary Edgardo B. Espiritu. The non-life insurance company had a net worth of P90 million in 1999.


                    [DatePublished] => 2001-08-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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EDWIN B

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                    [ArticleID] => 131577
                    [Title] => CICI may lose license due to capital deficiency
                    [Summary] => The CICI General Insurance Corp., a Filipino-owned non-life insurance company, stands to lose its license if its fails to fill a capital deficiency of P59.426 million by the end of the month.


CICI General Insurance is a subsidiary of Westmont Investment Corp. (Wincorp), which was established by former Finance Secretary Edgardo B. Espiritu. The non-life insurance company had a net worth of P90 million in 1999.


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                    [AuthorName] =>  Ted P. Torres
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abtest

CICI may lose license due to capital deficiency

By Ted P. Torres | August 27, 2001 - 12:00am

The CICI General Insurance Corp., a Filipino-owned non-life insurance company, stands to lose its license if its fails to fill a capital deficiency of P59.426 million by the end of the month. CICI General Insurance...

Business