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+ Follow PHILAM EQUITABLE LIFE ASSURANCE CO Tag
PHILAM EQUITABLE LIFE ASSURANCE CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 691081
                    [Title] => Generali Pilipinas prepares for major leap forward
                    [Summary] => 

Life insurer Generali Pilipinas is building up momentum to prepare for a major leap forward.

[DatePublished] => 2011-05-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 334189 [Title] => Philamlife profit surges 44% to P3.76B [Summary] => The Philippine American Life and General Insurance Co. (Philamlife) reported a net income of P3.76 billion in 2005, up by 44 percent from P2.6 billion in 2004," its president and chief executive officer Jose L. Cuisia said the other day.

Gross premiums stood at P13.8 billion last year, up by nearly two percent from the P13.5 billion in 2004. Total revenues grew by 5.2 percent from P28 billion to P29.5 billion last year while assets stood at P132.5 billion, up from the P109.7 billion the year before.
[DatePublished] => 2006-04-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 295308 [Title] => Philam Equitable Life Assurance expects to meet targets [Summary] => The Philam Equitable Life Assurance Co. (PELAC) is expecting to hit its targets for this year as a result of the company’s strong performance last year.

In 2004, PELAC accounted for P1 billion in total premiums widely perceived as taking the ninth ranking among the 39 life insurance firms. It was ranked 27th in 2003.

In terms of new business, the joint venture between the Philippine American Life and General Insurance Co. (Philamlife) and Equitable PCI Bank (EPCI Bank), was reportedly ranked fifth overall. In terms of single premium income, it was ranked third. [DatePublished] => 2005-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 245422 [Title] => Philamlife manages new premium record [Summary] => Despite a low sales output from its new life insurance products, Philippine American Life and General Insurance Co. (Philamlife) still managed to become the first life insurance company in the country to break the P10-billion gross premium barrier.

Philamlife admitted total premiums of P10.2-billion last year buoyed mainly by the P7.6-billion in renewal premiums. Premiums grew by 13.6 percent while new businesses grew by almost 18 percent to P2.55 billion.
[DatePublished] => 2004-04-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 237098 [Title] => EPCIBank seen to exceed income target [Summary] => Equitable PCI Bank expects its net income to grow by about 20 percent this year on the back of the continued improvement in the bank’s consumer lending programs.

"We expect consumer lending to continue to key our growth this year," Equitable PCI president and CEO Rene Buenaventura said, adding that other key drivers would include treasury gains, fee-based incomes and low-cost deposits.
[DatePublished] => 2004-01-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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