+ Follow PELAC Tag
PELAC
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[ArticleID] => 797670
[Title] => Philam Life sees 20% premium growth
[Summary] => The Philam Life Group is projecting 20- percent growth in premium income this year, from P19.4 billion last year, its top executive said.
[DatePublished] => 2012-04-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 691081
[Title] => Generali Pilipinas prepares for major leap forward
[Summary] => Life insurer Generali Pilipinas is building up momentum to prepare for a major leap forward.
[DatePublished] => 2011-05-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[2] => Array
(
[ArticleID] => 670368
[Title] => BDO sells Pelac stake
[Summary] => The Philippine American Life and General Insurance Co. (Philam Life) has bought five percent stake in Philam Equitable Life Assurance Corp. (Pelac) from Banco de Oro Unibank Inc. (BDO) last month.
[DatePublished] => 2011-03-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[3] => Array
(
[ArticleID] => 451918
[Title] => Philippine American Life and General Insurance still number 1 despite decline in premium sales
[Summary] => MANILA, Philippines - The Philippine American Life and General Insurance Co. (Philamlife) has retained its leadership in the country’s life insurance industry with total premiums of P13.639 billion last year.
[DatePublished] => 2009-03-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 416766
[Title] => Philamlife remains profitable
[Summary] => The Philippine American Life and General Insurance Co. (Philamlife), the country’s leading life insurer, said yesterday it remains very profitable and continues to generate significant new business despite a difficult business environment.
[DatePublished] => 2008-11-21 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[5] => Array
(
[ArticleID] => 395996
[Title] => Pelac gets boost from BDO-EPCIB bank merger
[Summary] =>
If the first quarter results were to be the gauge, the Philamlife Equitable Life Insurance Assurance Co. (Pelac) is enroute to registering huge double digit growth in terms of first year premiums in 2007.
Pelac is a joint venture between the Philippine American Life and General Insurance Co. (Philamlife) and Equitable PCI Bank (EPCIB) specializing in bancassurance. Philamlife is the recognized leader in the country’s life insurance industry, while EPCIB is considered the third largest commercial bank in the Philippines with over 400 branches nationwide.
[DatePublished] => 2007-04-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[6] => Array
(
[ArticleID] => 380521
[Title] => China Bank, Manulife form bancassurance jt venture
[Summary] =>
China Banking Corp. (China Bank) and Manufacturers Life Insurance Co. (Manulife) are forming a joint venture company for bancassurance, or the corporate vehicle to sell Manulife’s insurance policies through the branches and client base of China Bank.
Initial reports indicate that Manulife will control majority of the joint venture, with China Bank taking a minority stake.
[DatePublished] => 2007-01-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 334189
[Title] => Philamlife profit surges 44% to P3.76B
[Summary] => The Philippine American Life and General Insurance Co. (Philamlife) reported a net income of P3.76 billion in 2005, up by 44 percent from P2.6 billion in 2004," its president and chief executive officer Jose L. Cuisia said the other day.
Gross premiums stood at P13.8 billion last year, up by nearly two percent from the P13.5 billion in 2004. Total revenues grew by 5.2 percent from P28 billion to P29.5 billion last year while assets stood at P132.5 billion, up from the P109.7 billion the year before.
[DatePublished] => 2006-04-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 311992
[Title] => Pelac total premiums surpass P1-B mark
[Summary] => The Philamlife Equitable Life Insurance Assurance Co. (Pelac) has total premiums of P1.026 billion end November or end fiscal year 2005.
Pelac is a joint venture life insurance company between the Equitable PCI Bank and the Philippine American Life and General Insurance Co. (Philamlife).
Philamlife is a subsidiary of the American International Group (AIG), one of the biggest global financial institutions. Equitable PCI Bank is considered the third largest expanded commercial bank in the country.
[DatePublished] => 2005-12-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[9] => Array
(
[ArticleID] => 295308
[Title] => Philam Equitable Life Assurance expects to meet targets
[Summary] => The Philam Equitable Life Assurance Co. (PELAC) is expecting to hit its targets for this year as a result of the company’s strong performance last year.
In 2004, PELAC accounted for P1 billion in total premiums widely perceived as taking the ninth ranking among the 39 life insurance firms. It was ranked 27th in 2003.
In terms of new business, the joint venture between the Philippine American Life and General Insurance Co. (Philamlife) and Equitable PCI Bank (EPCI Bank), was reportedly ranked fifth overall. In terms of single premium income, it was ranked third.
[DatePublished] => 2005-09-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
)
)
abtest
November 21, 2008 - 12:00am
September 6, 2005 - 12:00am
