IAR

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                    [ArticleID] => 259386
                    [Title] => Napocor saves P50-M in insurance premiums
                    [Summary] => 
The National Power Corp. (Napocor) announced yesterday that it has saved some P50 million by bidding out its insurance requirements for 2004-2005 through the inter-agency Joint Bidding Committee.


Napocor senior vice president for corporate services Roland S. Quilala said bulk of the savings were realized from the state-owned power firm’s Industrial All-Risks (IAR) insurance policy, which cost $14.1 million this year.


The Napocor official said this was considerably lower than the $14.7-million premium Napocor paid for its IAR in 2003.


                    [DatePublished] => 2004-07-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Napocor saves P50-M in insurance premiums

By Donnabelle L. Gatdula | July 30, 2004 - 12:00am

The National Power Corp. (Napocor) announced yesterday that it has saved some P50 million by bidding out its insurance requirements for 2004-2005 through the inter-agency Joint Bidding Committee. Napocor senior...

Business