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                    [ArticleID] => 222514
                    [Title] => Napocor readies bidding for $6.5-B reinsurance coverage
                    [Summary] => The National Power Corp. (Napocor) is preparing for the bidding of its $6.5-billion Industrial All-Risk (IAR) reinsurance policy, Department of Energy (DOE) sources said.


"The Napocor and the Government Service Insurance System (GSIS) are already preparing the reinsurance bidding for the main IAR for 2004 and 2005," the sources said.


                    [DatePublished] => 2003-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
                (
                    [ArticleID] => 135878
                    [Title] => Napocor spurs Senate  probe of GSIS policy
                    [Summary] => A veritable Pandora’s box could be opened when past and present Government Service Insurance System (GSIS) officials are summoned and investigated by the Senate on GSIS’ alleged overpricing of an Industrial All-Risk Policy on assets of state-owned National Power Corp. (Napocor).


GSIS will also be asked to explain the delay in the settlement of Napocor claims amounting to $41 million over the last five years.


                    [DatePublished] => 2001-10-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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                    [ArticleID] => 128802
                    [Title] => Napocor sets bid for insurance coverage of assets
                    [Summary] => The National Power Corp. (Napocor) and the Government Service Insurance System (GSIS) are considering the possibility of bidding out within this month the multi-million dollar insurance policy of the state-run power firm’s $10-billion insurable fixed assets.


Napocor president Jesus N. Alcordo said the move is part of the power company’s preparations for its forthcoming privatization. Alcordo said the tentative plan is for the bidding to take place by end August and will be conducted using Napocor’s electronic bidding (e-bidding) system.


                    [DatePublished] => 2001-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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INDUSTRIAL ALL-RISK

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                    [ArticleID] => 222514
                    [Title] => Napocor readies bidding for $6.5-B reinsurance coverage
                    [Summary] => The National Power Corp. (Napocor) is preparing for the bidding of its $6.5-billion Industrial All-Risk (IAR) reinsurance policy, Department of Energy (DOE) sources said.


"The Napocor and the Government Service Insurance System (GSIS) are already preparing the reinsurance bidding for the main IAR for 2004 and 2005," the sources said.


                    [DatePublished] => 2003-09-30 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                (
                    [ArticleID] => 135878
                    [Title] => Napocor spurs Senate  probe of GSIS policy
                    [Summary] => A veritable Pandora’s box could be opened when past and present Government Service Insurance System (GSIS) officials are summoned and investigated by the Senate on GSIS’ alleged overpricing of an Industrial All-Risk Policy on assets of state-owned National Power Corp. (Napocor).


GSIS will also be asked to explain the delay in the settlement of Napocor claims amounting to $41 million over the last five years.


                    [DatePublished] => 2001-10-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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                (
                    [ArticleID] => 128802
                    [Title] => Napocor sets bid for insurance coverage of assets
                    [Summary] => The National Power Corp. (Napocor) and the Government Service Insurance System (GSIS) are considering the possibility of bidding out within this month the multi-million dollar insurance policy of the state-run power firm’s $10-billion insurable fixed assets.


Napocor president Jesus N. Alcordo said the move is part of the power company’s preparations for its forthcoming privatization. Alcordo said the tentative plan is for the bidding to take place by end August and will be conducted using Napocor’s electronic bidding (e-bidding) system.


                    [DatePublished] => 2001-08-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Napocor readies bidding for $6.5-B reinsurance coverage

By Donnabelle L. Gatdula | September 30, 2003 - 12:00am

The National Power Corp. (Napocor) is preparing for the bidding of its $6.5-billion Industrial All-Risk (IAR) reinsurance policy, Department of Energy (DOE) sources said. "The Napocor and the Government Service...

Business

Napocor spurs Senate probe of GSIS policy

October 7, 2001 - 12:00am

A veritable Pandora’s box could be opened when past and present Government Service Insurance System (GSIS) officials are summoned and investigated by the Senate on GSIS’ alleged overpricing of an Industrial...

Business

Napocor sets bid for insurance coverage of assets

By Donnabelle L. Gatdula | August 4, 2001 - 12:00am

The National Power Corp. (Napocor) and the Government Service Insurance System (GSIS) are considering the possibility of bidding out within this month the multi-million dollar insurance policy of the state-run power...

Business