^
+ Follow NEW YORK LIFE INSURANCE Tag
NEW YORK LIFE INSURANCE
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 54762
                    [Title] => Allied Bank gets ratings upgrade
                    [Summary] => 
            
                    [DatePublished] => 2008-04-08 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 295306
                    [Title] => NYLI launches new product
                    [Summary] => The New York Life Insurance (Philippines) Inc. (NYLI) has launched the NYL Big Apple Advantage, which is a variable life insurance product allowing policyholders to secure an insurance protection of at least five times one’s basic annual regular premium with maximum flexibility, and a wide choice of options to invest in expertly managed funds. 

[DatePublished] => 2005-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 252193 [Title] => New York Life expands, eyes new alliances [Summary] => In its bid to keep up with the competition, New York Life Insurance (Philippines) Inc. is now exploring new alliances with other financial institutions and allied services.

New York Life is reportedly holding talks with five to six brokers to compliment its existing agency force which is numbering over a thousand. In fact, the agency force is projected to reach an even 2,000 in the near future.
[DatePublished] => 2004-06-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 245645 [Title] => New York Life eyes 72% hike in new premiums this year [Summary] => New York Life Insurance (Philippines) Inc. remains bullish on its growth prospect in the Philippines, as it aims for a 72-percent growth in first-year premiums this year.

From P189-million worth of annualized first-year premiums last year, the three-year old life insurance company is looking to gain another P324-million worth of new premiums this year.

From the period 2001 and 2002, New York Life sold P100 million in premiums.
[DatePublished] => 2004-04-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 216936 [Title] => New York Life starts flexible policy [Summary] => New York Life Insurance Philippines Inc. (New York Life) continuous to rip benefits from its flexible insurance policy that can be customized by the policyholders.

Wall Street Gold guarantees competitive returns of money and greater control over their insurance investment, and still remains protected as a life insurance plan.

It allows clients to borrow from their accumulated cash values anytime. It may be customized with optional benefits, or riders, based on the needs of the client as financial security against accidents, sickness, disability, or death.
[DatePublished] => 2003-08-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 196595 [Title] => Allied Bank reports 10% growth in resources [Summary] => Allied Banking Corp. reported a 10-percent increase in its total resources from P114.45 billion in 2001 to P125.89 billion last year. Resources stood at P108.8 billion in 2000.

Likewise, unaudited figures indicate a modest growth in net income, from P1.01 billion in 2001 to P1.085 billion last year. In 2000, the Lucio Tan-run commercial bank earned P801 million.

"We are targeting net earnings at practically the same levels this year," Reynaldo A. Maclang, Allied Bank president, said.
[DatePublished] => 2003-02-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 196212 [Title] => Allied Bank acquires 8% stake in New York Life [Summary] => Allied Banking Corp. has acquired an eight-percent stake in US-based New York Life Insurance (Philippines) Inc. for P75 million.

This is expected to increase to 25 percent when the medium-sized commercial bank infuses an additional P225 million sometime within the year.

The move was designed mainly to allow both entities to practice bancassurance which is the selling of insurance policies within the premises of a bank.
[DatePublished] => 2003-02-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 194989 [Title] => New York Life acquires MAPFRE life policies [Summary] => New York Life Insurance (Philippines) Inc. continued its expansion binge with the acquisition of the life insurance portfolio of MAPFRE Asian Insurance Corp., the local subsidiary of European composite insurer MAPFRE of Spain. MAPFRE Asian has decided to concentrate its resources solely to its non-life insurance operation.

According to Luis C. La Ó, MAPFRE Asian chairman and chief executive officer, the decision to transfer to New York Life was made in the interests of the company’s policyholders.
[DatePublished] => 2003-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) ) )
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