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InLife projects surge in new premiums

InLife projects surge in new premiums
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Market slowdown to hit Insular Life s bottomline • Jasper Y Arcalas

THE Insular Life Assurance Co. Ltd. (Insular Life) said its bottomline would be below the P5.2 billion it posted last year due to “growth” investments amid market slowdown. Insular Life officials explained that it would be challenging to “replicate” the net income posted by the insurance firm last year due to present market conditions. Nonetheless,

Insular Life plunks funds into Asean Green Bonds

THE Insular Life Assurance Co. Ltd. (Insular Life) announced last Wednesday it has invested in the Asean Green Bonds issued by the Citicore Energy REIT Corp. (CREIT). The country’s oldest insurer disclosed that the fixed-rate bonds of CREIT has a coupon rate of 7.0543 percent which it noted was a “a…

Oona Insurance to sell new products after SEC approval

OONA Insular Insurance Corp. (Oona Insurance) announced it will introduce new products such as new age lines, cyber risk and health insurance, as well as solutions that are emerging on the back of increasing adoption of internet, e-commerce and digital payments. The firm said it would also continue to sell…

ACEN executes deals with InLife, ETM for energy transition

ACEN Corp. has executed option agreements with The Insular Life Assurance Co. Ltd. and ETM Philippines Holdings Inc. as part of the company’s overall energy transition mechanism to enable more renewables.

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