^
+ Follow BERKLEY INTERNATIONAL Tag
BERKLEY INTERNATIONAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 217252
                    [Title] => Sales of pre-need firms up 10% to P15.8-B
                    [Summary] => The country's pre-need companies registered consolidated sales of P15.8 billion, roughly 10 percent higher than the P13.1 billion realized the month before.


Of the total sales, the top 10 players accounted for nearly 86 percent or P13.35 billion, with the P2.47 billion accounted for by the remaining 30 companies.

More significantly, the top three players accounted for a 51 percent market share. The top three pre-need companies in terms of sales are Philam Plans, Prudentialife Plans, and CAP Plans, which have a combined sales figure of roughly P8 billion.
[DatePublished] => 2003-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 185628 [Title] => Berkley Phils sees 30% revenue growth next year [Summary] => Banking on its aggressive expansion and marketing strategy, Berkley Philippines Inc. is projecting a 30-percent growth in revenues next year.

Fernando Correa Urquiza, president of Berkley International LLC, said "this ambitious target may be easier or difficult to achieve" depending on several factors like the growth of the economy and the industry.

The pre-need industry has faced difficult challenges in meeting investment objectives based on the assumptions of expected returns under more favorable economic and market conditions.
[DatePublished] => 2002-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 180102 [Title] => Berkley International targets 15% growth in new business [Summary] => Pre-need plan firm Berkley International Phils. Inc. is targeting a 15-percent growth in its new business this year, banking on its innovative marketing techniques and vast distribution network.

"We are expecting a 15-percent improvement in first year collections this year. We were not badly affected by the controversies that have plagued the industry. Despite the difficult business conditions, we’re glad that we have managed to survive," Berkley chairman Felipe R. Diego said in a press briefing recently.
[DatePublished] => 2002-10-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 141594 [Title] => Pre-need industry bullish despite economic slowdown [Summary] => Top leaders of the pre-need industry are confident that the impressive performance of the industry will continue this year despite the current slump in the economy.

According to Francisco Colayco, board member of the Federation of Pre-Need Plans Companies Inc. (PFPPCI) and president of TPG Corporation (formerly The Professional Group), the substantial growth in sales registered by the industry last year only proves that industry can grow over a period of worst economic scenario.
[DatePublished] => 2001-11-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 130864 [Title] => Family First eyes RP as regional base in SE Asia [Summary] => Family First Inc., a wholly-owned subsidiary of W. Berkley International, plans to make the Philippines as its regional base in Southeast Asia despite the many complaints it received in the past two months in its Philippine operations.

Likewise, it will be establishing similar pre-need operations in Indonesia with an initial capitalization equivalent to P10 million. A total of P150 million will be infused into its proposed Indonesian operations by yearend.
[DatePublished] => 2001-08-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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