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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 259386 [Title] => Napocor saves P50-M in insurance premiums [Summary] => The National Power Corp. (Napocor) announced yesterday that it has saved some P50 million by bidding out its insurance requirements for 2004-2005 through the inter-agency Joint Bidding Committee.
Napocor senior vice president for corporate services Roland S. Quilala said bulk of the savings were realized from the state-owned power firm’s Industrial All-Risks (IAR) insurance policy, which cost $14.1 million this year.
The Napocor official said this was considerably lower than the $14.7-million premium Napocor paid for its IAR in 2003.
[DatePublished] => 2004-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 140645 [Title] => Public invited to Napocor insurance bidding [Summary] => The joint bidding committee handling the auction of the National Power Corp.’s Industrial All-Risks (IAR) policy is inviting the business sector and the general public to observe the second electronic bidding today.
To uphold transparency and integrity of the bidding process, the committee has opened its doors to observers to the insurance bidding.
[DatePublished] => 2001-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
INDUSTRIAL ALL-RISKS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 259386 [Title] => Napocor saves P50-M in insurance premiums [Summary] => The National Power Corp. (Napocor) announced yesterday that it has saved some P50 million by bidding out its insurance requirements for 2004-2005 through the inter-agency Joint Bidding Committee.
Napocor senior vice president for corporate services Roland S. Quilala said bulk of the savings were realized from the state-owned power firm’s Industrial All-Risks (IAR) insurance policy, which cost $14.1 million this year.
The Napocor official said this was considerably lower than the $14.7-million premium Napocor paid for its IAR in 2003.
[DatePublished] => 2004-07-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 140645 [Title] => Public invited to Napocor insurance bidding [Summary] => The joint bidding committee handling the auction of the National Power Corp.’s Industrial All-Risks (IAR) policy is inviting the business sector and the general public to observe the second electronic bidding today.
To uphold transparency and integrity of the bidding process, the committee has opened its doors to observers to the insurance bidding.
[DatePublished] => 2001-11-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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By Donnabelle L. Gatdula | July 30, 2004 - 12:00am
November 19, 2001 - 12:00am
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