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                    [ArticleID] => 278924
                    [Title] => Purisima endorses proposed capital hike on all insurers
                    [Summary] => A proposal to increase the paid-up capital of life and non-life insurance received the endorsement of the Department of Finance (DOF) and major industry players. 


And some of the major players in the life sector expressed their support to raise the competitive standard of the industry. 


In an interview, Finance Secretary Cesar V. Purisima said that the bigger the capitalization of an insurer, the better for the insurer, the Philippine insurance industry, and the better protection for the insuring public. 


                    [DatePublished] => 2005-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
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FINANCE SECRETARY CESAR PURISIMA AND INSURNACE COMMISSIONER BENJAMIN SANTOS

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                    [ArticleID] => 278924
                    [Title] => Purisima endorses proposed capital hike on all insurers
                    [Summary] => A proposal to increase the paid-up capital of life and non-life insurance received the endorsement of the Department of Finance (DOF) and major industry players. 


And some of the major players in the life sector expressed their support to raise the competitive standard of the industry. 


In an interview, Finance Secretary Cesar V. Purisima said that the bigger the capitalization of an insurer, the better for the insurer, the Philippine insurance industry, and the better protection for the insuring public. 


                    [DatePublished] => 2005-05-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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abtest

Purisima endorses proposed capital hike on all insurers

May 24, 2005 - 12:00am

A proposal to increase the paid-up capital of life and non-life insurance received the endorsement of the Department of Finance (DOF) and major industry players. And some of the major players in the life sector...

Banking