^
+ Follow MICHAEL RELLOSA Tag
MICHAEL RELLOSA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1521172
                    [Title] => Non-life insurers hauling LTO to court over ‘insurance cartel’
                    [Summary] => 

Non-life insurance companies are taking legal action against the Land Transportation Office (LTO) for issuing a circular deemed to form an “insurance cartel.”

[DatePublished] => 2015-11-12 09:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 1497489 [Title] => Insurers push for mandatory earthquake insurance [Summary] =>

The Philippine Insurers and Reinsurers Association (PIRA), the umbrella group of non-life insurers, reiterated the need for a mandatory earthquake insurance for residential buildings and small to medium businesses.

[DatePublished] => 2015-09-08 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1805309 [AuthorName] => Alexis Romero [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 1246174 [Title] => 20% of buildings insured for quakes [Summary] =>

Only 12 percent of buildings in the country have fire insurance while 20 percent are insured for earthquakes, the Philippine Insurers and Reinsurers Association (PIRA) said.

[DatePublished] => 2013-10-17 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 623862 [Title] => Insurers focus on microinsurance [Summary] =>

Microinsurance will be one of the key topics of the Insurance Consciousness Week (ICW) from Oct. 26 to 30, to be co-promoted by the Philippine Insurers and Reinsurers Association (PIRA) and the Philippine Insurers Club (PIC).

[DatePublished] => 2010-10-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 615255 [Title] => Car insurance with AOG rider up 35% [Summary] =>

One year after the devastation caused by Typhoon Ondoy (international code name Ketsana), non-life insurance companies has reported a 35-percent increase in auto insurance with Acts of God (AOG) provision.

[DatePublished] => 2010-09-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 592390 [Title] => Insurance Commission issues stern ruling on premium rates [Summary] =>

The Insurance Commission (IC) has issued an order instructing all non-life insurance companies to observe the minimum prescribed rates in insuring their houses and other properties against natural calamities.

[DatePublished] => 2010-07-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [6] => Array ( [ArticleID] => 565553 [Title] => Insurers review disaster policies [Summary] =>

The recent spate of earthquakes that rocked Haiti, Chile, Mexico and California has prompted the country’s top 25 non-life insurance firms to call for a review of policies and tariffs related to natural disasters.

[DatePublished] => 2010-04-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [7] => Array ( [ArticleID] => 512552 [Title] => Insurers face P11 billion claims [Summary] =>

The Philippine Insurers and Reinsurers Association (PIRA) revealed yesterday that initial claims for losses related to tropical storm “Ondoy” have reached P11 billion.

[DatePublished] => 2009-10-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 477352 [Title] => Non-life insurers report rise in car theft incidence [Summary] =>

MANILA, Philippines - A total of 117 cases of stolen insured vehicles were recorded in the first five months of 2009, according to the Philippine Insurers and Reinsurers Association (PIRA).

[DatePublished] => 2009-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 313886 [Title] => Insurers hail IC proposal on sale of car insurance policy [Summary] => The Philippine Insurers and Reinsurers Association (PIRA) has welcomed the proposal of the Insurance Commission (IC) to implement a clearing house system for the sale of motor vehicle insurance policies.

The proposal is intended to curb the rampant sale of fake compulsory third party liability insurance policies (CTPL).

The system is expected to be implemented early next year.

"We are in full support of this," PIRA board of trustee Michael Rellosa said. The PIRA accounts for 95 percent of insurance companies in the country.
[DatePublished] => 2005-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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