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                    [ArticleID] => 217744
                    [Title] => Universal Re, Malayan Reagree to merge
                    [Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re)  have agreed to merge resulting in the creation of Universal  Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion


A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.


"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.


                    [DatePublished] => 2003-08-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] => Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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FIRST NATIONWIDE ASSURANCE CO

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                    [Title] => Universal Re, Malayan Reagree to merge
                    [Summary] => Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re)  have agreed to merge resulting in the creation of Universal  Malayan Reinsurance Corp. (URC) with a premium base of roughly P1 billion


A reinsurance company offers additional protection for insurers that have huge accounts but are unable to cover the entire policy.


"It is really a joint venture but the surviving entity will be Universal Re," Universal Re chief finance officer Romeo Carabeo said.


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abtest

Universal Re, Malayan Reagree to merge

By Ted P. Torres | August 19, 2003 - 12:00am

Universal Reinsurance Corp. (Universal Re) and Malayan Reinsurance Corp. (Malayan Re) have agreed to merge resulting in the creation of Universal Malayan Reinsurance Corp. (URC) with a premium base of roughly P1...

Business