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+ Follow GOVERNMENT SECURITY AND INSURANCE SYSTEM Tag
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[results] => Array
(
[0] => Array
(
[ArticleID] => 1263164
[Title] => Mahihirap na senior citizens may monthly pension sa DSWD
[Summary] => Maaari nang makakuha ng buwanang pension sa Department of Social Welfare and Development (DSWD) ang mga mahihirap na senior citizen.
[DatePublished] => 2013-12-02 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1334962
[AuthorName] => Gemma Amargo-Garcia
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[1] => Array
(
[ArticleID] => 959411
[Title] => Philam Life launches 2 new products
[Summary] => Philippine American Life and General Insurance Co. (Philam Life) has launched two new unit-linked products (ULP) in its life insurance line in a bid to boost its premium income this year.
[DatePublished] => 2013-06-29 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 855498
[Title] => House OKs compulsory insurance for poll workers
[Summary] => The House of Representatives has approved on second reading a bill mandating compulsory insurance for election officials and workers during national and local elections.
[DatePublished] => 2012-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805432
[AuthorName] => Paolo Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 793397
[Title] => PAMI mutual funds breach P20-B mark
[Summary] => The Philam Asset Management Inc. (Pami) has reported assets under management (AUM) worth P20.177 billion as of March 15 this year, roughly nine percent higher than the P18.6 billion in 2011.
[DatePublished] => 2012-04-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[4] => Array
(
[ArticleID] => 511102
[Title] => Tax relief reinvigorates life insurers
[Summary] => The removal of the five percent premium tax and the 0.25-percent documentary stamp tax (DST) on life insurance policies could mean the continued survival of the country’s life insurance industry.
[DatePublished] => 2009-10-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 352991
[Title] => IC targets achievable, but . . .
[Summary] =>
The plan of the Insurance Commission (IC) that 20 percent of the country’s population will have one form of insurance protection is achievable by 2010, according to industry players.
But there are certain factors or conditions that must be addressed before that can be achieved.
According to the National Economic and Development Authority (NEDA), the insurance and pre-need industry accounts for less than 20 percent of gross domestic product (GDP).
[DatePublished] => 2006-08-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[6] => Array
(
[ArticleID] => 256545
[Title] => RBAP eyes tie-up with Citibank, Deutsche Bank
[Summary] => The Rural Bankers Association of the Philippines (RBAP) is holding exploratory talks with major international banking institutions in a bid to raise funds for growth and development of the industry, including microfinance and housing fund sources.
Likewise, the rural banking system aspires to grow by nearly 77-percent growth its loan portfolio from P56 billion last year to P99 billion this year. Total assets are also set to grow by over a 100 percent from P90 billion in 2003 to P183 billion by end 2004.
[DatePublished] => 2004-07-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[7] => Array
(
[ArticleID] => 217744
[Title] => Universal Re, Malayan Reagree to merge
[Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re) have agreed to merge resulting in the creation of Universal Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion
A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.
"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.
[DatePublished] => 2003-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 193069
[Title] => DOF orders selection of 2 winners in Napocor insurance policy bidding
[Summary] => The Department of Finance (DOF) has issued an order saying that there should be two winning brokers in the public bidding for the $6.5-billion main industrial all-risk policy reinsurance contract off the National Power Corp. (Napocor).
Sources said Finance Secretary Isidro Camacho instructed the bidding committee to select two brokers from the bidders of the contract "to create a competitive environment... allowing for competitive conditions of the reinsurance policy."
[DatePublished] => 2003-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 137057
[Title] => Life insurance sector sees slower growth
[Summary] => The life insurance industry is expected to grow by a slower eight to 10 percent this year as the economy continues to reel from the global economic slowdown.
Earlier, the industry was expected to grow by a stronger 12 percent to 14 percent. Last year the industry grew by 16 percent as total premiums reached P26.041 billion from P22.423 billion in 1999.
Insurance executives said that the reduction in the Filipinos disposable income has resulted in a drop in premium payments while delays have been experienced for existing policies.
[DatePublished] => 2001-10-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
GOVERNMENT SECURITY AND INSURANCE SYSTEM
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 1263164
[Title] => Mahihirap na senior citizens may monthly pension sa DSWD
[Summary] => Maaari nang makakuha ng buwanang pension sa Department of Social Welfare and Development (DSWD) ang mga mahihirap na senior citizen.
[DatePublished] => 2013-12-02 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1334962
[AuthorName] => Gemma Amargo-Garcia
[SectionName] => Bansa
[SectionUrl] => bansa
[URL] =>
)
[1] => Array
(
[ArticleID] => 959411
[Title] => Philam Life launches 2 new products
[Summary] => Philippine American Life and General Insurance Co. (Philam Life) has launched two new unit-linked products (ULP) in its life insurance line in a bid to boost its premium income this year.
[DatePublished] => 2013-06-29 00:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 855498
[Title] => House OKs compulsory insurance for poll workers
[Summary] => The House of Representatives has approved on second reading a bill mandating compulsory insurance for election officials and workers during national and local elections.
[DatePublished] => 2012-10-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805432
[AuthorName] => Paolo Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[3] => Array
(
[ArticleID] => 793397
[Title] => PAMI mutual funds breach P20-B mark
[Summary] => The Philam Asset Management Inc. (Pami) has reported assets under management (AUM) worth P20.177 billion as of March 15 this year, roughly nine percent higher than the P18.6 billion in 2011.
[DatePublished] => 2012-04-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[4] => Array
(
[ArticleID] => 511102
[Title] => Tax relief reinvigorates life insurers
[Summary] => The removal of the five percent premium tax and the 0.25-percent documentary stamp tax (DST) on life insurance policies could mean the continued survival of the country’s life insurance industry.
[DatePublished] => 2009-10-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 352991
[Title] => IC targets achievable, but . . .
[Summary] =>
The plan of the Insurance Commission (IC) that 20 percent of the country’s population will have one form of insurance protection is achievable by 2010, according to industry players.
But there are certain factors or conditions that must be addressed before that can be achieved.
According to the National Economic and Development Authority (NEDA), the insurance and pre-need industry accounts for less than 20 percent of gross domestic product (GDP).
[DatePublished] => 2006-08-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[6] => Array
(
[ArticleID] => 256545
[Title] => RBAP eyes tie-up with Citibank, Deutsche Bank
[Summary] => The Rural Bankers Association of the Philippines (RBAP) is holding exploratory talks with major international banking institutions in a bid to raise funds for growth and development of the industry, including microfinance and housing fund sources.
Likewise, the rural banking system aspires to grow by nearly 77-percent growth its loan portfolio from P56 billion last year to P99 billion this year. Total assets are also set to grow by over a 100 percent from P90 billion in 2003 to P183 billion by end 2004.
[DatePublished] => 2004-07-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[7] => Array
(
[ArticleID] => 217744
[Title] => Universal Re, Malayan Reagree to merge
[Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re) have agreed to merge resulting in the creation of Universal Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion
A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.
"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.
[DatePublished] => 2003-08-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 193069
[Title] => DOF orders selection of 2 winners in Napocor insurance policy bidding
[Summary] => The Department of Finance (DOF) has issued an order saying that there should be two winning brokers in the public bidding for the $6.5-billion main industrial all-risk policy reinsurance contract off the National Power Corp. (Napocor).
Sources said Finance Secretary Isidro Camacho instructed the bidding committee to select two brokers from the bidders of the contract "to create a competitive environment... allowing for competitive conditions of the reinsurance policy."
[DatePublished] => 2003-01-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 137057
[Title] => Life insurance sector sees slower growth
[Summary] => The life insurance industry is expected to grow by a slower eight to 10 percent this year as the economy continues to reel from the global economic slowdown.
Earlier, the industry was expected to grow by a stronger 12 percent to 14 percent. Last year the industry grew by 16 percent as total premiums reached P26.041 billion from P22.423 billion in 1999.
Insurance executives said that the reduction in the Filipinos disposable income has resulted in a drop in premium payments while delays have been experienced for existing policies.
[DatePublished] => 2001-10-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
By Gemma Amargo-Garcia | December 2, 2013 - 12:00am
By Ted P. Torres | June 29, 2013 - 12:00am
By Paolo Romero | October 3, 2012 - 12:00am
By Ted P. Torres | April 3, 2012 - 12:00am
By Ted P. Torres | October 6, 2009 - 12:00am
August 15, 2006 - 12:00am
July 6, 2004 - 12:00am
By Ted P. Torres | August 19, 2003 - 12:00am
By Ted P. Torres | January 27, 2003 - 12:00am
By Ted P. Torres | October 18, 2001 - 12:00am
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