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                    [ArticleID] => 387724
                    [Title] => National Reinsurance sets P2.95-B initial public offer
                    [Summary] => 



The National Reinsurance Corp. of the Philippines  filed on Friday its registration statement with the Securities and Exchange Commission for its planned initial public offering (IPO) estimated to raise as much as P2.95 billion.


The offering involves a maximum of 638 million new common shares to be sold at a price ranging from P3.36 to P4.62 each share. The offer shares represent approximately 30.7 percent of National Reinsurance’s issued and outstanding capital stock of 2.08 billion common shares after the offer.  


                    [DatePublished] => 2007-03-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 244595
                    [Title] => Uni Re, Malayan merger forms P1-B firm
                    [Summary] => A strong local reinsurance industry capable of competing in Southeast Asia and attaining retention levels that should minimize outflow of precious foreign reserves is now clearly on the horizon.


This encouraging prospect follows the merger of two of the country’s biggest names in the Philippine reinsurance business: Malayan Reinsurance Corp. (Malayan Re) of the Yuchengcos and Universal Reinsurance Corp. (Uni Re) of the Ayalas. Both groups have equal interests in the new company.


                    [DatePublished] => 2004-03-30 00:00:00
                    [ColumnID] => 133272
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UNIVERSAL MALAYAN REINSURANCE CORP

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                    [ArticleID] => 387724
                    [Title] => National Reinsurance sets P2.95-B initial public offer
                    [Summary] => 



The National Reinsurance Corp. of the Philippines  filed on Friday its registration statement with the Securities and Exchange Commission for its planned initial public offering (IPO) estimated to raise as much as P2.95 billion.


The offering involves a maximum of 638 million new common shares to be sold at a price ranging from P3.36 to P4.62 each share. The offer shares represent approximately 30.7 percent of National Reinsurance’s issued and outstanding capital stock of 2.08 billion common shares after the offer.  


                    [DatePublished] => 2007-03-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 244595
                    [Title] => Uni Re, Malayan merger forms P1-B firm
                    [Summary] => A strong local reinsurance industry capable of competing in Southeast Asia and attaining retention levels that should minimize outflow of precious foreign reserves is now clearly on the horizon.


This encouraging prospect follows the merger of two of the country’s biggest names in the Philippine reinsurance business: Malayan Reinsurance Corp. (Malayan Re) of the Yuchengcos and Universal Reinsurance Corp. (Uni Re) of the Ayalas. Both groups have equal interests in the new company.


                    [DatePublished] => 2004-03-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
                )

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abtest

National Reinsurance sets P2.95-B initial public offer

By Zinnia B. Dela Peña | March 4, 2007 - 12:00am

The National Reinsurance Corp. of the Philippines filed on Friday its registration statement with the Securities and Exchange Commission for its planned initial public offering (IPO) estimated to raise as...

Business

Uni Re, Malayan merger forms P1-B firm

March 30, 2004 - 12:00am

A strong local reinsurance industry capable of competing in Southeast Asia and attaining retention levels that should minimize outflow of precious foreign reserves is now clearly on the horizon. This encouraging...

Banking