Microinsurance best for migrant workers
By
Ted P. Torres
| November 6, 2012 - 12:00am
Migrants often serve as the equivalent of an informal insurance policy when adversity strikes their families back home but they themselves tend to be vulnerable and have limited access to social protection in host...
Banking
Insurance sector earns P3.49 B in Q1
By
Ted P. Torres
| July 6, 2012 - 12:00am
The country’s insurance industry reported a combined income of P3.49 billion in the first quarter, up 44 percent compared to the P2.42 billion earnings in the same period in 2011, data from Insurance Commission...
Business
Anxious times for insurance industry
By
Ted P. Torres
| June 5, 2012 - 12:00am
“The June bug, also known as June beetle, is the name for several large beetles seen in the United States during May and June.
Banking
Steel firm wants 3 CA justices to inhibit selves
By
Edu Punay
| March 30, 2012 - 12:00am
Three justices of the Court of Appeals (CA) have been asked to inhibit from the case involving a $42-million insurance claim by a steel firm.
Business
30% of insurers remain undercapitalized - IC
By
Ted P. Torres
| March 23, 2012 - 12:00am
While the insurance industry remains in discussions regarding the proposed P1-billion minimum paid-up capital requirement, about 30 percent of life and non-life insurance companies still have yet to comply with the...
Business
10 life insurance firms in talks for possible 'mega merger'
By
Ted P. Torres
| October 6, 2011 - 12:00am
Facing the prospect of failing to meet new minimum capital requirements, 10 of the country’s life insurers are reportedly in talks for a mega-merger that is expected to shake up the industry, sources told The...
Business
8 life insurance firms mull 'super broker'
By
Ted P. Torres
| August 16, 2011 - 12:00am
Eight life insurance companies are putting their heads together in search of a permanent solution to the nagging capitalization issue. The target: To meet the proposed minimum paid-up capital level of P750 million...
Banking
Insurers need IT for growth
May 10, 2011 - 12:00am
Technology not only bridges the insurance company to its clients, but it also helps create products and new distribution channels.
Banking
Insurers undercutting rates: Prescribed rates designed to protect public
By
Ted P. Torres
| March 22, 2011 - 12:00am
Despite all the warnings of earthquake, tsunami and other worsening natural catastrophes staring down on mankind, several insurance companies prefers fast gains over long term protection for the insuring public...
Banking
Insurance firms told to adopt multiple channel strategies
By
Ehda Dagooc
| January 21, 2011 - 12:00am
The IBM Institute of Business Value is encouraging insurance companies to embrace multiple channel strategies to reach out to changing insurance shopping and buying patterns of consumers.
Freeman Cebu Business
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