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                    [ArticleID] => 130736
                    [Title] => Insurance sector invests P6B in 1st seven months
                    [Summary] => The insurance industry invested P6 billion in various programs of the government in the first seven months of the year.


Of the total amount, P3.6 billion were in peso-denominated investments while $47 million (or roughly P2.4 billion) were in dollar-denominated investments.


The Insurance Commission (IC) said these investments represent five to 10 percent of the total investments of the entire insurance industry, which includes the life, non-life and professional reinsurers.


                    [DatePublished] => 2001-08-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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PESO ENHANCED DOLLAR OBLIGATION

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                    [ArticleID] => 130736
                    [Title] => Insurance sector invests P6B in 1st seven months
                    [Summary] => The insurance industry invested P6 billion in various programs of the government in the first seven months of the year.


Of the total amount, P3.6 billion were in peso-denominated investments while $47 million (or roughly P2.4 billion) were in dollar-denominated investments.


The Insurance Commission (IC) said these investments represent five to 10 percent of the total investments of the entire insurance industry, which includes the life, non-life and professional reinsurers.


                    [DatePublished] => 2001-08-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Insurance sector invests P6B in 1st seven months

By Ted P. Torres | August 20, 2001 - 12:00am

The insurance industry invested P6 billion in various programs of the government in the first seven months of the year. Of the total amount, P3.6 billion were in peso-denominated investments while $47 million (or...

Business