^
+ Follow Prudentialife Tag
Prudentialife
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1128091
                    [Title] => Parallels: Pork barrel, insurance, pre-need scams
                    [Summary] => 

This column’s August 17 piece (“Insurance Commission remiss in regulating pre-need firms”) has elicited more reader reactions.

[DatePublished] => 2013-08-24 00:00:00 [ColumnID] => 133567 [Focus] => 0 [AuthorID] => 1804785 [AuthorName] => Satur C. Ocampo [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) [1] => Array ( [ArticleID] => 783080 [Title] => DOF, IC want Prudentialife Plans rehab program by June [Summary] =>

The Department of Finance (DOF) and the Insurance Commission (IC) said that Prudentialife Plans Inc.’s proposed rehabilitation program must be settled by the first half of 2012.

[DatePublished] => 2012-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 775776 [Title] => Trust [Summary] => What has been feared by so many has happened. [DatePublished] => 2012-02-10 00:00:00 [ColumnID] => 135937 [Focus] => 0 [AuthorID] => 1444024 [AuthorName] => Korina Sanchez [SectionName] => Freeman Opinion [SectionUrl] => opinion [URL] => ) [3] => Array ( [ArticleID] => 775302 [Title] => Prudentialife operations normal despite IC order [Summary] =>

Prudentialife Plans Inc. (PPI) said yesterday it will continue to operate despite a stay order issued by the Insurance Commission effective Feb. 6, 2012.

[DatePublished] => 2012-02-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 465284 [Title] => Prudentialife says it will service all existing plans [Summary] =>

MANILA, Philippines – Prudentialife Plans Inc. has assured all its planholders that the company would continue to service all existing plans.

[DatePublished] => 2009-05-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 366130 [Title] => Prudentialife offers comprehensive products [Summary] => Ensuring the Filipino’s quality of life, as well as security in death is the mission that has guided Prudentialife through the ups and downs that beset the industry. It is no longer inappropriate, thanks to the public’s newfound sense of practicality, to prepare for death. And as society’s maturity grows along with the expenses accorded with living, planning for it is becoming the acknowledged responsible thing to do.
[DatePublished] => 2006-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [6] => Array ( [ArticleID] => 276001 [Title] => The benefits of being prudent [Summary] => Following my piece on the 5Cs of choosing a pre-need company, I received numerous requests for me to rate Prudentialife Plans based on these criteria.

Let me assure Prudentialife planholders that your investments are safe. There had been rumors and text messages being disseminated to discredit the company and lump it in the same grouping as CAP and Pacific Plans but Prudentialife president says with all sincerity that these rumors are totally unfounded and that all obligations will be met.
[DatePublished] => 2005-05-01 00:00:00 [ColumnID] => 134315 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 275705 [Title] => Prudentialife Plans sees big net profit [Summary] => Prudentialife Plans expects to generate a net income of between P300 to P500 million for the fiscal year ending March 31, 2005 compared to P302 million last fiscal year, even as its trust fund as of end-March this year reached P12.5 billion, the biggest in the pre-need industry.

This as Prudentialife president Jose Alberto Alba told The STAR that the company has no problem meeting its financial obligations to its planholders, including those holding the traditional or open-ended educational plans. "We have sufficient assets," he stressed.
[DatePublished] => 2005-04-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 256549 [Title] => Prudentialife fund hits P11B [Summary] => The trust fund of Prudentialife Plans Inc. (Prudentialife) reached P11 billion as of March 2004, or an increase of 15 percent from P9.5 billion in the same time last year. It contributed a total of P2.1 billion to the fund end March.

Prudentialife trust fund remains liquid with 65-percent invested in government securities (GS), another 18 percent in equities and a mere seven percent in real estate.
[DatePublished] => 2004-07-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [9] => Array ( [ArticleID] => 198901 [Title] => Pre-need plan sales down 22% in January [Summary] => Sales of pre-need plan companies contracted by 21.82 percent in January this year, indicating that the pub-lic continues to wait on deve-lopments overseas before making any investments.

Based on data collated by the Securities and Exchange Commission’s Non-Traditio-nal Securities Department, the value of the plans sold in January decreased to P2.91 billion from P3.72 billion, with pension plans posting the biggest drop in sales.

The number of pre-need plans sold likewise went down to 44,913 from 59,006 last year.
[DatePublished] => 2003-03-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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