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                    [ArticleID] => 299962
                    [Title] => Third player wants piece of 3rd-party liability action
                    [Summary] => While government must address the legality of the Government Service and Insurance System (GSIS) in selling comprehensive third-party liability (CTPL) insurance policies  to private individuals and entities, it is now faced with a new challenge.


It is not only the consortium formed by the Philippine Insurers and Reinsurance Association (PIRA) that claims to be prepared to correct the anomalous practices in the issuance of CTPL for vehicle registration. Now another private group is presenting itself as an alternative.


                    [DatePublished] => 2005-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 299422
                    [Title] => GSIS’ bid to issue comprehensive TPL cover bucked
                    [Summary] => The country’s insurers are opposing the entry of the Government Service and Insurance System (GSIS) into the comprehensive third-party liability (CTPL) coverage business.


Herminia S. Jacinto, president of the Philippine Insurers and Reinsurance Association (PIRA), said the government pension fund is not mandated by its charter to issue CTPL to the private sector.  


"They cannot insure private vehicles, only government vehicles which number only 75,000 or roughly 1.6 percent of all registered vehicles in the country," she said.


                    [DatePublished] => 2005-10-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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PHILIPPINE INSURERS AND REINSURANCE ASSOCIATION

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    [results] => Array
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                    [ArticleID] => 299962
                    [Title] => Third player wants piece of 3rd-party liability action
                    [Summary] => While government must address the legality of the Government Service and Insurance System (GSIS) in selling comprehensive third-party liability (CTPL) insurance policies  to private individuals and entities, it is now faced with a new challenge.


It is not only the consortium formed by the Philippine Insurers and Reinsurance Association (PIRA) that claims to be prepared to correct the anomalous practices in the issuance of CTPL for vehicle registration. Now another private group is presenting itself as an alternative.


                    [DatePublished] => 2005-10-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 299422
                    [Title] => GSIS’ bid to issue comprehensive TPL cover bucked
                    [Summary] => The country’s insurers are opposing the entry of the Government Service and Insurance System (GSIS) into the comprehensive third-party liability (CTPL) coverage business.


Herminia S. Jacinto, president of the Philippine Insurers and Reinsurance Association (PIRA), said the government pension fund is not mandated by its charter to issue CTPL to the private sector.  


"They cannot insure private vehicles, only government vehicles which number only 75,000 or roughly 1.6 percent of all registered vehicles in the country," she said.


                    [DatePublished] => 2005-10-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Third player wants piece of 3rd-party liability action

By Ted P. Torres | October 4, 2005 - 12:00am

While government must address the legality of the Government Service and Insurance System (GSIS) in selling comprehensive third-party liability (CTPL) insurance policies to private individuals and entities, it is...

Banking

GSIS’ bid to issue comprehensive TPL cover bucked

By Ted P. Torres | October 1, 2005 - 12:00am

The country’s insurers are opposing the entry of the Government Service and Insurance System (GSIS) into the comprehensive third-party liability (CTPL) coverage business. Herminia S. Jacinto, president of the...

Business