+ Follow BERKLEY INTERNATIONAL PLANS INC Tag
BERKLEY INTERNATIONAL PLANS INC
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[results] => Array
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[0] => Array
(
[ArticleID] => 392921
[Title] => PhilRatings closely monitors Berkley Plans
[Summary] =>
The Philippine Rating Services Corp. (PhilRatings) said that it was closely monitoring recent develoments regarding Berkley International Plans Inc. (Berkley Plans), after it was recently acquired in a management buy-out for P1.25 billion by Danvil Holdings (Danvil).
Danvil is the holding company of Daniel Villanueva, former executive vice president and chief financial officer of Berkley International Philippines Inc. (BIP).
[DatePublished] => 2007-04-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 380384
[Title] => Pre-need firms down to 29 in 2006
[Summary] =>
The number of companies licensed by the Securities and Exchange Commission to sell pre-need plans dropped to 29 from 30 last year.
SEC spokesperson Gerard Lukban said the companies that were issued dealer licenses include Ayala Plans Inc., Berkley International Plans Inc., Loyola Plans Consolidated Inc., Manulife Financial Plans Inc., Pacific Plans Inc., Permanent Plans Inc., Philam Plans, Prudentialife Plans, and Sunlife Financial Plans.
[DatePublished] => 2007-01-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 285869
[Title] => Pre-need industry sales down 26.6%
[Summary] => Mirroring poor investor confidence as a result of the controversies now hounding the pre-need industry, total sales of pre-need firms fell 26.6 percent in the first five months of the year.
Based on data culled by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, total sales of pre-need firms fell to P10.64 billion from January to May this year from P14.49 billion a year ago.
[DatePublished] => 2005-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 276841
[Title] => Pre-need industry records 18.5% drop in Q1 sales
[Summary] => Still reeling from controversies facing several pre-need firms, the industry recorded an 18.5-percent decline in its total sales for the first quarter of the year.
Based on data culled by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, total sales of pre-need firms dipped to P6.94 billion compared with P8.51 billion a year earlier.
The number of plans sold dropped by 8.5 percent to 107,043 from 116,983 with education plans and pension plans recording a 36- percent and 35-percent decline in their sales, respectively.
[DatePublished] => 2005-05-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 271772
[Title] => Pre-need industry sales plunge 18.2% to P2.3B in January
[Summary] => The pre-need industry had a bad start this year with sales falling by 18.2 percent in January as the public decided to adopt a wait-and-see stance before they make their investments decisions.
Based on the report prepared by the Securities and Exchange Commission’s (SEC) Non-Traditional Securities Department, sales of the pre-need sector declined to P2.3 billion in January this year from P2.81 billion a year ago.
The number of plans sold dropped 7.84 percent to 35,513 from 38,534.
[DatePublished] => 2005-03-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 267751
[Title] => Berkley Plans retains PRS A+ credit rating
[Summary] => The Philippine Ratings Services Corp. (PhilRatings) has maintained its PRS A+ rating for pre-need firm Berkley International Plans Inc.
Berkley continues to be the only pre-need firm with a credit rating. It first applied for a corporate credit rating in 2001.
The rating is defined as having an "above average capacity to meet financial commitments relative to that of other Philippine corporations."
[DatePublished] => 2005-01-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 202896
[Title] => Prudential Plans grabs lead
[Summary] => Prudential Plans Inc. has taken the overall leadership in the country’s pre-need industry, accounting for a market share of almost 20 percent in the first two months this year.
Based on preliminary data from the Securities and Exchange Commission (SEC), Prudential Plans breached the P1-billion mark with consolidated sales of P1.23 billion for January and February 2003.
As of end 2002, Philam Plans Inc. was the overall leader with P8.1 billion in pre-need price (PNP).
[DatePublished] => 2003-04-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => 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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