^
+ Follow MITSUI SUMITOMO INSURANCE CO Tag
MITSUI SUMITOMO INSURANCE CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1309953
                    [Title] => Non-life insurers face weak growth prospects
                    [Summary] => 

The Philippine non-life insurance sector will likely register weak growth this year, after experiencing losses in gross written premiums (GWP) in 2013.

[DatePublished] => 2014-04-08 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 1288825 [Title] => Fitch lauds tighter insurance regulations [Summary] =>

International credit agency Fitch Ratings said that the tightened regulation by the Insurance Commission (IC) on capital and risk weighting is positive for the country’s insurance industry.

[DatePublished] => 2014-02-11 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 363460 [Title] => BPI non-life insurer acquires Aviva business in Philippines [Summary] => BPI/MS Insurance Corp. has signed an asset purchase agreement with Aviva General Insurance Pte. Ltd. (Aviva) of Singapore for the transfer of Aviva’s insurance business in the Philippines.

BPI/MS Insurance Corp. is the third largest non-life insurance company in the Philippines and is a member of the Ayala group. Aviva is a fully-owned subsidiary of Mitsui Sumitomo Insurance Co. Ltd.
[DatePublished] => 2006-10-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 165198 [Title] => BPI, Malayan merger results in 1 of RP’s biggest insurance firms [Summary] => The merger between the Bank of the Philippine Islands (BPI) and Mitsui Sumitomo Insurance Co. of Japan has created one of the biggest non-life insurance companies in the country, with consolidated gross premiums of roughly P1.793 billion in 2001, up from P1.613 billion recorded in the same period last year.

Sectoral leader Malayan Insurance Co. Inc. is the only non-life insurer that registered gross premiums of over P2 billion in 2000. Malayan grew 7.61 percent last year, from P1.865 billion in 1999.
[DatePublished] => 2002-06-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 147151 [Title] => BPI/MS joins non-life insurance industry [Summary] => BPI/MS Insurance Corp., which combines the resources of FGU Insurance Corporation and FEB Mitsui Marine Insurance Company is poised to become a big player in the local non-life insurance industry.

Industry observers note that BPI/MS Insurance has the clout to attain this objective, with the backing of its parent companies, Bank of the Philippine Islands (BPI) and Mitsui Sumitomo Insurance Co.

BPI has the largest network of branches in the country.
[DatePublished] => 2002-01-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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