^
+ Follow INSURERS Tag
INSURERS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1540650
                    [Title] => IC expects more consolidation in insurance industry
                    [Summary] => 

The Insurance Commission (IC) is expecting the insurance industry to consolidate further with five non-life insurers planning to consolidate this year.

[DatePublished] => 2016-01-08 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1537070 [Title] => Climate change threat to insurers’ capital base [Summary] =>

Climate change will increase risks on insurers’ capital adequacy, investments and ultimately, earnings.

[DatePublished] => 2015-12-28 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 1535090 [Title] => Asia Pacific insurers improve regulatory environment – S&P [Summary] =>

A report by Standard & Poor’s Ratings Services (S&P) strongly indicate that regulators of Asia Pacific’s insurance industry are moving in the right direction.

[DatePublished] => 2015-12-22 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 1491742 [Title] => AEC offers insurers greater market access [Summary] =>

The new trade bloc in the Association of Southeast Asian Nations (Asean) will ultimately provide insurers with opportunities for increased market access, Standard & Poor’s Ratings Services (S&P) said in a report.

[DatePublished] => 2015-08-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 1484092 [Title] => Insurance premiums balloon 42% to P81.7 B [Summary] =>

Total premium income of the country’s insurance industry has grown 42.01 percent, or from P81.7 billion in the first semester of 2014 to P116.1 billion this year.

[DatePublished] => 2015-08-03 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 1351534 [Title] => Insurance customers will be big winners in AEC [Summary] =>

Much has been said about the benefits, as well as some drawbacks, of creating an integrated ASEAN Economic Community (AEC)  set to come into force in December 2015  on ASEAN economies, trades and industries.

[DatePublished] => 2014-07-29 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1311408 [AuthorName] => Evelina F Petruschka, Secretary General, ASEAN Insurance Council [SectionName] => Letters to the Editor [SectionUrl] => letters-to-the-editor [URL] => ) [6] => Array ( [ArticleID] => 1307275 [Title] => Insurers blast proposed hike in fees, charges [Summary] =>

The country’s insurance industry is strongly opposing the proposed consolidation of fees and charges of the Insurance Commission (IC), which increases the present levels by as much as 200 percent, as well as introducing new ones.

[DatePublished] => 2014-04-01 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 1271724 [Title] => YEARENDER: Despite catastrophes, insurance industry turns in good year [Summary] =>

Key insurance players in the country are highly optimistic the industry will experience strong growth in 2014, riding on strong economic fundamentals, consistent healthy growth rates in both net income and premium income, and favorable regulations.

[DatePublished] => 2013-12-25 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => http://img404.imageshack.us/img404/9319/hga4.jpg ) [8] => Array ( [ArticleID] => 1190621 [Title] => S&P gives stable outlook for AsPac insurers [Summary] =>

Standard & Poor’s Ratings Services (S&P) has a stable outlook on the life, non-life, and reinsurance sectors of the Asia Pacific region.

[DatePublished] => 2013-09-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 873611 [Title] => IC to insurance providers: Raise capital to P250 million [Summary] =>

The Insurance Commission (IC) has reminded all insurance companies to raise their minimum paid-up capital to P250 million by the end of the year or face a possible suspension of their operating license.

[DatePublished] => 2012-11-26 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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