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                    [ArticleID] => 137057
                    [Title] => Life insurance sector sees slower growth
                    [Summary] => The life insurance industry is expected to grow by a slower eight to 10 percent this year as the economy continues to reel from the global economic slowdown.


Earlier, the industry was expected to grow by a stronger 12 percent to 14 percent. Last year the industry grew by 16 percent as total premiums reached P26.041 billion from P22.423 billion in 1999.


Insurance executives said that the reduction in the Filipinos disposable income has resulted in a drop in premium payments while delays have been experienced for existing policies.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ABEJUELAR

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    [results] => Array
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                    [ArticleID] => 137057
                    [Title] => Life insurance sector sees slower growth
                    [Summary] => The life insurance industry is expected to grow by a slower eight to 10 percent this year as the economy continues to reel from the global economic slowdown.


Earlier, the industry was expected to grow by a stronger 12 percent to 14 percent. Last year the industry grew by 16 percent as total premiums reached P26.041 billion from P22.423 billion in 1999.


Insurance executives said that the reduction in the Filipinos disposable income has resulted in a drop in premium payments while delays have been experienced for existing policies.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

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abtest

Life insurance sector sees slower growth

By Ted P. Torres | October 18, 2001 - 12:00am

The life insurance industry is expected to grow by a slower eight to 10 percent this year as the economy continues to reel from the global economic slowdown. Earlier, the industry was expected to grow by a stronger...

Business