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                    [ArticleID] => 709854
                    [Title] => Life insurers forecast 23-24% growth in premiums this year
                    [Summary] => 
The country’s life insurance industry is forecasting total premiums to grow 23 to 24 percent, with first year premiums seen to expand 60 percent in 2011.
                    [DatePublished] => 2011-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 651049
                    [Title] => Congress urged to fasttrack Insurance Code amendments
                    [Summary] => 
The country’s insurers are pushing for the speedy passage of proposed changes in the 1974 Insurance Code of the Philippines.
                    [DatePublished] => 2011-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                (
                    [ArticleID] => 610756
                    [Title] => Insurance sector upbeat on prospects
                    [Summary] => 
Insular Life Assurance Corp. said the growing optimism in the Philippine economy is boosting the sales forecast of the country’s life insurers.
                    [DatePublished] => 2010-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 581885
                    [Title] => Insular Life targets 20% growth in total premiums
                    [Summary] => 
The Insular Life Assurance Corp. (Insular Life), the third largest life insurance company in terms of total premiums, is poised to expand its business by 20 percent in 2010.
                    [DatePublished] => 2010-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => http://img163.imageshack.us/img163/8314/banking1thumb.jpg
                )

            [4] => Array
                (
                    [ArticleID] => 380259
                    [Title] => Insular Life net, investment incomes up double digits
                    [Summary] => 



The Insular Life Assurance Corp. (Insular Life) has reported a net income of P1.23 billion in 2006, or 22 percent higher than the P1 billion recorded in 2005.


It also stated an asset base of P50 billion from P43 billion, which is the third highest in the life insurance industry.


Also impressive last year was the gross investment income, growing by a whopping 28 percent from P2.9 billion in 2005 to a record P3.7 billion.


Premium incomes likewise grew from P6.2 billion in 2005 to P6.3 billion with first-year premiums accounting for P2.1 billion.


                    [DatePublished] => 2007-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 351549
                    [Title] => Insular Life investment, premium income up
                    [Summary] => 



Insular Life Assurance Corp. has posted a 43-percent increase in gross investment income in the first six months of 2006 to reach P2.43 billion, due mainly to interest income from a strong portfolio of equity investments, capital gains and rental income. 


It aggressively participated in big-ticket fund-raising activities by some of the top corporations in the country. 


The life insurer was part of the pool of lenders that participated in the P4.5-billion loan to the International Container Terminal Services Inc. (ICTSI).


                    [DatePublished] => 2006-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 254165
                    [Title] => Insular Life expects premium income to hit P7.4B this yr
                    [Summary] => Insular Life Assurance Co., the third largest life insurance firm in the country, is targeting a premium income of P7.4 billion and a net income of roughly P960 million this year.


The target figures indicate that Insular Life would post an average growth rate of 15 percent for both premium and net income this year. Premium income for 2003 was recorded at P6.4 billion while net income stood at P836 million.


The company’s first-year premiums (FYP) last year was at an impressive P2 billion, buoyed mainly by single premiums and dollar-denominated products. 


                    [DatePublished] => 2004-06-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

MAYO JOSE B

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                    [ArticleID] => 709854
                    [Title] => Life insurers forecast 23-24% growth in premiums this year
                    [Summary] => 
The country’s life insurance industry is forecasting total premiums to grow 23 to 24 percent, with first year premiums seen to expand 60 percent in 2011.
                    [DatePublished] => 2011-07-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 651049
                    [Title] => Congress urged to fasttrack Insurance Code amendments
                    [Summary] => 
The country’s insurers are pushing for the speedy passage of proposed changes in the 1974 Insurance Code of the Philippines.
                    [DatePublished] => 2011-01-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 610756
                    [Title] => Insurance sector upbeat on prospects
                    [Summary] => 
Insular Life Assurance Corp. said the growing optimism in the Philippine economy is boosting the sales forecast of the country’s life insurers.
                    [DatePublished] => 2010-09-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 581885
                    [Title] => Insular Life targets 20% growth in total premiums
                    [Summary] => 
The Insular Life Assurance Corp. (Insular Life), the third largest life insurance company in terms of total premiums, is poised to expand its business by 20 percent in 2010.
                    [DatePublished] => 2010-06-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => http://img163.imageshack.us/img163/8314/banking1thumb.jpg
                )

            [4] => Array
                (
                    [ArticleID] => 380259
                    [Title] => Insular Life net, investment incomes up double digits
                    [Summary] => 



The Insular Life Assurance Corp. (Insular Life) has reported a net income of P1.23 billion in 2006, or 22 percent higher than the P1 billion recorded in 2005.


It also stated an asset base of P50 billion from P43 billion, which is the third highest in the life insurance industry.


Also impressive last year was the gross investment income, growing by a whopping 28 percent from P2.9 billion in 2005 to a record P3.7 billion.


Premium incomes likewise grew from P6.2 billion in 2005 to P6.3 billion with first-year premiums accounting for P2.1 billion.


                    [DatePublished] => 2007-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 351549
                    [Title] => Insular Life investment, premium income up
                    [Summary] => 



Insular Life Assurance Corp. has posted a 43-percent increase in gross investment income in the first six months of 2006 to reach P2.43 billion, due mainly to interest income from a strong portfolio of equity investments, capital gains and rental income. 


It aggressively participated in big-ticket fund-raising activities by some of the top corporations in the country. 


The life insurer was part of the pool of lenders that participated in the P4.5-billion loan to the International Container Terminal Services Inc. (ICTSI).


                    [DatePublished] => 2006-08-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 254165
                    [Title] => Insular Life expects premium income to hit P7.4B this yr
                    [Summary] => Insular Life Assurance Co., the third largest life insurance firm in the country, is targeting a premium income of P7.4 billion and a net income of roughly P960 million this year.


The target figures indicate that Insular Life would post an average growth rate of 15 percent for both premium and net income this year. Premium income for 2003 was recorded at P6.4 billion while net income stood at P836 million.


The company’s first-year premiums (FYP) last year was at an impressive P2 billion, buoyed mainly by single premiums and dollar-denominated products. 


                    [DatePublished] => 2004-06-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Life insurers forecast 23-24% growth in premiums this year

By Ted P. Torres | July 27, 2011 - 12:00am

The country’s life insurance industry is forecasting total premiums to grow 23 to 24 percent, with first year premiums seen to expand 60 percent in 2011.

Business

Congress urged to fasttrack Insurance Code amendments

By Ted P. Torres | January 26, 2011 - 12:00am

The country’s insurers are pushing for the speedy passage of proposed changes in the 1974 Insurance Code of the Philippines.

Business

Insurance sector upbeat on prospects

By Ted P. Torres | September 12, 2010 - 12:00am

Insular Life Assurance Corp. said the growing optimism in the Philippine economy is boosting the sales forecast of the country’s life insurers.

Business

Insular Life targets 20% growth in total premiums

By Ted P. Torres | June 8, 2010 - 12:00am

The Insular Life Assurance Corp. (Insular Life), the third largest life insurance company in terms of total premiums, is poised...

Banking

Insular Life net, investment incomes up double digits

By Ted P. Torres | January 16, 2007 - 12:00am

The Insular Life Assurance Corp. (Insular Life) has reported a net income of P1.23 billion in 2006, or 22 percent higher than the P1 billion recorded in 2005. It also stated an asset base of P50 billion...

Banking

Insular Life investment, premium income up

By Ted P. Torres | August 8, 2006 - 12:00am

Insular Life Assurance Corp. has posted a 43-percent increase in gross investment income in the first six months of 2006 to reach P2.43 billion, due mainly to interest income from a strong portfolio of equity...

Banking

Insular Life expects premium income to hit P7.4B this yr

By Ted P. Torres | June 16, 2004 - 12:00am

Insular Life Assurance Co., the third largest life insurance firm in the country, is targeting a premium income of P7.4 billion and a net income of roughly P960 million this year. The target figures indicate that...

Business