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                    [ArticleID] => 357701
                    [Title] => New York Life eyes 30% surge in bancassurance
                    [Summary] => New York Life Insurance Philippines is eyeing a minimum 30-percent growth in its bancassurance business end 2006.


"Through our partnership with Allied Bank, we are building on complementary strengths to boost growth," George May, New York Life president and chief executive officer, said. 


"Bancassurance, or the selling of life insurance products by banks, is an important marketing channel in our distribution network." 


                    [DatePublished] => 2006-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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            [1] => Array
                (
                    [ArticleID] => 194989
                    [Title] => New York Life acquires MAPFRE life policies
                    [Summary] => New York Life Insurance (Philippines) Inc. continued its expansion binge with the acquisition of the life insurance portfolio of  MAPFRE Asian Insurance Corp., the local subsidiary of European composite insurer MAPFRE of Spain. MAPFRE Asian has decided to concentrate its resources solely to its non-life insurance operation.


According to Luis C. La Ó, MAPFRE Asian chairman and chief executive officer, the decision to transfer to New York Life was made in the interests of the company’s policyholders. 


                    [DatePublished] => 2003-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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            [2] => Array
                (
                    [ArticleID] => 191476
                    [Title] => New York Life increases investments to P900-M
                    [Summary] => After a little over a year since establishing operations in the Philippines, New York Life Insurance Philippines (New York Life) expanded its investment in the country to the tune of P350 million. This brings New York Life Life‚s total investment to around P900 million, a clear departure from the recent investment strategies of other life insurance entrants. 


New York Life also continued to expand its operations in the country by setting up six new branch offices last year and established a bancassurance partnership with Allied Bank. 


                    [DatePublished] => 2003-01-14 00:00:00
                    [ColumnID] => 133272
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                    [SectionUrl] => banking
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            [3] => Array
                (
                    [ArticleID] => 151971
                    [Title] => Two insurers form alliance
                    [Summary] => New York Life Insurance Philippines (NYLIP), the subsidiary of leading American insurer New York Life Insurance Co., and CAP Life Philippines of the CAP group of companies, has embarked on a marketing alliance aimed at capitalizing on the strengths of each company.


                    [DatePublished] => 2002-02-26 00:00:00
                    [ColumnID] => 133272
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GEORGE MAY

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                    [ArticleID] => 357701
                    [Title] => New York Life eyes 30% surge in bancassurance
                    [Summary] => New York Life Insurance Philippines is eyeing a minimum 30-percent growth in its bancassurance business end 2006.


"Through our partnership with Allied Bank, we are building on complementary strengths to boost growth," George May, New York Life president and chief executive officer, said. 


"Bancassurance, or the selling of life insurance products by banks, is an important marketing channel in our distribution network." 


                    [DatePublished] => 2006-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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            [1] => Array
                (
                    [ArticleID] => 194989
                    [Title] => New York Life acquires MAPFRE life policies
                    [Summary] => New York Life Insurance (Philippines) Inc. continued its expansion binge with the acquisition of the life insurance portfolio of  MAPFRE Asian Insurance Corp., the local subsidiary of European composite insurer MAPFRE of Spain. MAPFRE Asian has decided to concentrate its resources solely to its non-life insurance operation.


According to Luis C. La Ó, MAPFRE Asian chairman and chief executive officer, the decision to transfer to New York Life was made in the interests of the company’s policyholders. 


                    [DatePublished] => 2003-02-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
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            [2] => Array
                (
                    [ArticleID] => 191476
                    [Title] => New York Life increases investments to P900-M
                    [Summary] => After a little over a year since establishing operations in the Philippines, New York Life Insurance Philippines (New York Life) expanded its investment in the country to the tune of P350 million. This brings New York Life Life‚s total investment to around P900 million, a clear departure from the recent investment strategies of other life insurance entrants. 


New York Life also continued to expand its operations in the country by setting up six new branch offices last year and established a bancassurance partnership with Allied Bank. 


                    [DatePublished] => 2003-01-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 151971
                    [Title] => Two insurers form alliance
                    [Summary] => New York Life Insurance Philippines (NYLIP), the subsidiary of leading American insurer New York Life Insurance Co., and CAP Life Philippines of the CAP group of companies, has embarked on a marketing alliance aimed at capitalizing on the strengths of each company.


                    [DatePublished] => 2002-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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abtest

New York Life eyes 30% surge in bancassurance

September 12, 2006 - 12:00am

New York Life Insurance Philippines is eyeing a minimum 30-percent growth in its bancassurance business end 2006. "Through our partnership with Allied Bank, we are building on complementary strengths to boost...

Banking

New York Life acquires MAPFRE life policies

February 11, 2003 - 12:00am

New York Life Insurance (Philippines) Inc. continued its expansion binge with the acquisition of the life insurance portfolio of MAPFRE Asian Insurance Corp., the local subsidiary of European composite insurer MAPFRE...

Banking

New York Life increases investments to P900-M

January 14, 2003 - 12:00am

After a little over a year since establishing operations in the Philippines, New York Life Insurance Philippines (New York Life) expanded its investment in the country to the tune of P350 million. This brings New...

Banking

Two insurers form alliance

February 26, 2002 - 12:00am

New York Life Insurance Philippines (NYLIP), the subsidiary of leading American insurer New York Life Insurance Co., and CAP Life Philippines of the CAP group of companies, has embarked on a marketing alliance aimed...

Banking