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Cathay Life Insurance hikes stake in RCBC

MANILA, Philippines — Cathay Life Insurance Co. Ltd. of Taiwan spent P416 million to beef up its stake in Rizal Commercial Banking Corp......»»

Category: financeSource: philstar philstarSep 13th, 2017

Samsung Life buys stake in Samsung Securities as step towards holding entity

South Korea’s Samsung Life Insurance Co. has decided to buy all shares of Samsung Securities Co. owned by its financial affiliate Samsung Fire &'038; Marine Insurance Co., a move seen to accelerate the process of the life insurer becoming the finan.....»»

Category: newsSource:  mb.com.phRelated NewsAug 20th, 2016

Pru Life UK, Robinsons Bank form first bancassurance venture

The local unit of Pru Life of UK and the Gokongwei-led Robinsons Bank have formed their first bancassurance venture, seeing much potential in the country’s insurance space......»»

Category: newsSource:  interaksyonRelated NewsJan 9th, 2018

FWD launches 24/7 hotline

MANILA, Philippines — Insurance firm FWD Life Insurance Corp......»»

Category: financeSource:  philstarRelated NewsDec 3rd, 2017

Anglo hikes Atlas stake to 28.64%

Anglo hikes Atlas stake to 28.64%.....»»

Category: financeSource:  thestandardRelated NewsDec 2nd, 2017

Philam Life looking to add health component to more insurance products

PHILIPPINE American Life and General Insurance Co., Inc. (Philam Life) wants to attach a health component to its products amid strong demand as part of its aim to narrow the insurance gap in the country. In a media luncheon on Tuesday, Philam Life Chief Executive Officer Ariel G. Cantos said the company intends to address the… link: Philam Life looking to add health component to more insurance products.....»»

Category: newsSource:  manilainformerRelated NewsNov 30th, 2017

Philam Life looking to add health component to more insurance products

PHILIPPINE American Life and General Insurance Co., Inc. (Philam Life) wants to attach a health component to its products amid strong demand as part of its aim to narrow the insurance gap in the country. In a media luncheon on Tuesday, Philam Life Chief Executive Officer Ariel G. Cantos said the company intends to address the […] The post Philam Life looking to add health component to more insurance products appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 29th, 2017

RCBC Telemoney’s insurance program for seafarers

FOR ALMOST 10 years now, Second Officer Paul William Maniego’s payroll account has been under RCBC.  Aside from the low remittance charges, he never expected to get anything out of it.  It was only this 2017 during one of RCBC’s refresher talks with his shipping company, Sea Team, that he found out about RCBC TeleMoney’s […] The post RCBC Telemoney’s insurance program for seafarers appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsNov 10th, 2017

MVP unit hikes stake in Indonesian toll road firm

The toll road arm of Manuel V. Pangilinan-led Metro Pacific Investments Corp. has accumulated a near-controlling stake in PT Nusantara Infrastructure Tbk, giving it a wide footprint in Indonesia's toll road sector. According to Metro Pacific, its toll road subsidiary Metro Pacific Tollways Corp. (MPTC) now controls 47.08 percent of PT Nusantara, whose expressway assets span some 34.47 kilometers that connect key areas such as an airport, seaport and business districts. Its toll roads, water, energy, port operations and telecommunications provide services to more than 103 million customers, 550,000 households, 103 million vehicles, more than 210 vessels, and connecting millions of peop...Keep on reading: MVP unit hikes stake in Indonesian toll road firm.....»»

Category: newsSource:  inquirerRelated NewsNov 7th, 2017

Insurer to file formal complaint vs Marsh UK

Prudential Guarantee and Assurance Inc. (PGA) will soon issue file a formal complaint against a foreign insurance and risk management firm that it has accused of operating illegally in the country, regulators said. Insurance Commissioner Dennis Funa said the non-life insurer had told the agency that it would comply with the requirement to formalize its [...] The post Insurer to file formal complaint vs Marsh UK appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 28th, 2017

Duterte puts life at stake to dispute allegations he has ill-gotten wealth

Duterte puts life at stake to dispute allegations he has ill-gotten wealth.....»»

Category: newsSource:  manilainformerRelated NewsOct 2nd, 2017

Sun Life Grepa widens death coverage

MANILA, Philippines — Sun Life Grepa Financial Inc., one of the top life insurance companies in the country, is increasing coverage for its accidental death.....»»

Category: financeSource:  philstarRelated NewsSep 28th, 2017

AIA posts sharp rise in MDRT members

HONG KONG – AIA Group, the largest independent publicly listed pan-Asian life insurance group, has announced the unprecedented achievement of becoming the on.....»»

Category: financeSource:  philstarRelated NewsSep 18th, 2017

Non-life insurers cleared to invest in real estate

MANILA, Philippines —  Non-life insurance companies are now allowed to invest their assets in real estate properties, the Insurance Commission (IC) said yest.....»»

Category: financeSource:  philstarRelated NewsSep 14th, 2017

Revisiting the industrial life insurance concept

Revisiting the industrial life insurance concept.....»»

Category: newsSource:  thestandardRelated NewsSep 11th, 2017

Foreign fund accumulates 10.7% stake in BPI

MANILA, Philippines — UK-based Standard Life Aberdeen Group has acquired a significant stake in Ayala-led Bank of the Philippine Islands (BPI) over the past.....»»

Category: financeSource:  philstarRelated NewsSep 8th, 2017

Sun Life pays out P1.6 B in claims, maturities for H1

MANILA, Philippines -  Sun Life of Canada (Philippines) Inc., the number one and longest standing life insurance company in the country, demonstrates its com.....»»

Category: financeSource:  philstarRelated NewsAug 27th, 2017

Malayan Insurance tops Philippines non-life ranking for 47th straight year

MANILA, Philippines - Malayan Insurance Co., Inc. has secured its position as a leader in the non-life insurance industry in the Philippines......»»

Category: financeSource:  philstarRelated NewsAug 23rd, 2017

Insular Life rolls out local currency fund

MANILA, Philippines -  Insular Life, the first and largest Filipino-owned insurance company, has launched a new product that allows the local investors to di.....»»

Category: financeSource:  philstarRelated NewsAug 6th, 2017

Allianz PNB Life Insurance partners with HSBC for distribution

Allianz PNB Life Insurance partners with HSBC for distribution.....»»

Category: newsSource:  rapplerRelated NewsJul 5th, 2017

BSP clears Manulife move to engage in trust business

MANILA, Philippines - Manulife Asset Management and Trust Corp., the asset management arm of Manufacturers Life Insurance Co......»»

Category: financeSource:  philstarRelated NewsJun 27th, 2017