^
+ Follow BERKLEY INTERNATIONAL PLANS Tag
BERKLEY INTERNATIONAL PLANS
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 32869
                    [Title] => Danvil Plans builds up trust fund to P4B as of end-Oct
                    [Summary] => 
            
                    [DatePublished] => 2007-12-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 291648
                    [Title] => Sales of pre-need companies plunge 34% in H1
                    [Summary] => Total sales of pre-need firms plunged 34 percent in the first six months of the year, highlighting tough business conditions facing the industry.


Data collated by the Securities and Exchange Commission (SEC) showed that the pre-need industry recorded sales of P12.1 billion in the first six months of the year compared with P18.38 billion in the same period last year.

The number of plans sold for the period under review fell 24.8 percent to 185,729 from 246,975 with education plans and pension plans recording a 54 percent and 40 percent drop in their sales, respectively. [DatePublished] => 2005-08-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => 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] => ) [3] => Array ( [ArticleID] => 194962 [Title] => Sales of pre-need plans decline by 10% in 2002 [Summary] => Sales of pre-need plans dropped by 10.08 percent last year to 607,155 from 675,187 in 2001, a report prepared by the Securities and Exchange Commission’s Non-Traditional Securities and Instruments Department showed.

An SEC official attributed the decline in the number of plans sold to the current difficult business environment and the controversies that plagued the industry, among which are the trust fund deficiencies of several pre-need plan firms.
[DatePublished] => 2003-02-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 98694 [Title] => Pre-need firms twit SEC [Summary] => Pre-need companies, slighted by the Securities and Exchange Commission's (SEC) lack of interest in their proposals, now want to be left alone.

This decision of the Philippine Federation of Pre-need Plan Companies Inc., was the result, they said, of SEC's lack of courtesy by ignoring their numerous position papers in response to the commission's circulars affecting the multibillion peso industry.
[DatePublished] => 2000-10-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1203478 [AuthorName] => by Rommel Ynion [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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