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+ Follow CARL GUSTINI Tag
CARL GUSTINI
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 486167
                    [Title] => Manulife variable peso, dollar bond funds up
                    [Summary] => 

Manulife Philippines has reported that its variable life peso and US dollar bond funds yielded 12-month returns of 13.08 percent and 3.49 percent, respectively.

[DatePublished] => 2009-07-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 473188 [Title] => Manulife launching unique products [Summary] =>

MANILA, Philippines – The country’s life insurance industry is taking a beating from the negative impact caused by the country’s gasping pre-need industry.

[DatePublished] => 2009-06-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 68095 [Title] => Manulife single premiums up 300% [Summary] => [DatePublished] => 2008-06-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 372162 [Title] => Manulife ratings upgraded [Summary] => Standard & Poor’s Ratings Services has raised the financial-strength rating on Manulife Financial’s rated insurance subsidiaries to ‘AAA’ from ‘AA+,’ including that of The Manufacturers Life Insurance Co. (MLI), the parent company of The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines).

This upgrade makes Manulife Financial one of only two publicly traded life-insurance companies in the world with ‘AAA’-rated insurance subsidiaries, the highest level among 21 rating categories at Standard & Poor’s. [DatePublished] => 2006-11-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 367474 [Title] => Manulife Phils combined sales up 15% in Q3 [Summary] => Sales of Manulife Philippines products has grown in the third quarter with combined life and pre-need sales growing by 15 percent compared with the same quarter in the previous year.

Sales of pre-need products grew by 48 percent over the same quarter last year.

Client confidence remains high as premiums and deposits for the quarter grew by 14 percent compared with last year and assets under management (AUMs) grew by 32 percent from a year ago.
[DatePublished] => 2006-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 354138 [Title] => Manulife Financial income up 14% [Summary] => TORONTO – Manulife Financial Corp. has reported shareholders’ net income of $960 million for the second quarter of 2006, an increase of 14 percent from one year ago. Earnings per common share were $0.61, a 17 percent increase compared to the second quarter of 2005. In addition, return on common shareholders’ equity was 16.3 percent, up 200 basis points from the second quarter in 2005.
[DatePublished] => 2006-08-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 337037 [Title] => Manulife acquires another life insurance firm [Summary] => Manufacturers Life Insurance Co. (Philippines) Inc. has acquired Pramerica Life Insurance Co. Inc., the fourth insurance company the Canada-based insurer acquired in a span of four years. Both companies are ranked within the top 10 life insurance companies in the Philippines. Pramerica is the local unit of Prudential Financial, one of the largest life insurance companies in the US.
[DatePublished] => 2006-05-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 311992 [Title] => Pelac total premiums surpass P1-B mark [Summary] => The Philamlife Equitable Life Insurance Assurance Co. (Pelac) has total premiums of P1.026 billion end November or end fiscal year 2005.

Pelac is a joint venture life insurance company between the Equitable PCI Bank and the Philippine American Life and General Insurance Co. (Philamlife).

Philamlife is a subsidiary of the American International Group (AIG), one of the biggest global financial institutions. Equitable PCI Bank is considered the third largest expanded commercial bank in the country.
[DatePublished] => 2005-12-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [8] => Array ( [ArticleID] => 295308 [Title] => Philam Equitable Life Assurance expects to meet targets [Summary] => The Philam Equitable Life Assurance Co. (PELAC) is expecting to hit its targets for this year as a result of the company’s strong performance last year.

In 2004, PELAC accounted for P1 billion in total premiums widely perceived as taking the ninth ranking among the 39 life insurance firms. It was ranked 27th in 2003.

In terms of new business, the joint venture between the Philippine American Life and General Insurance Co. (Philamlife) and Equitable PCI Bank (EPCI Bank), was reportedly ranked fifth overall. In terms of single premium income, it was ranked third. [DatePublished] => 2005-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 237473 [Title] => A shame list [Summary] => Bank notes 1: By the end of the year, Bangko Sentral Governor Rafael Buenaventura intends to publish a shame list of banks with poor records on corporate governance. This way, depositors and borrowers would have a better idea of which banks to do business with.
[DatePublished] => 2004-02-03 00:00:00 [ColumnID] => 135040 [Focus] => 0 [AuthorID] => 1488513 [AuthorName] => Margaret Jao-Grey  [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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