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Top News In Malayan Insurance Co Today - Breaking & Trending Today

HI to foray into financial services sector

Yuchengco-led House of Investments (HI) said it will diversify into the financial services and property sectors. The diversification includes the P15.7 billion share swap agreement and acquisition of a 184-hectare property in Tarlac through a newly incorporated and wholly owned subsidiary, Tarlac Terra Ventures Inc. However, the company is moving… ....

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Return to Eden | The Manila Times

When I became a broker, I discovered that my job wasn t done until I had satisfied both the insured and the insurer, but that aside from influencing either or both parties, I had no real decision-making power. I could only call it a day after I got both insured and insurer to agree. Very tough, but very rewarding when you get it right. ....

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Malayan Insurance retains credit rating

Malayan Insurance retains credit rating
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A.M. Best downgrades Malayan rating • Jasper Y. Arcalas

CREDIT rating agency A.M. Best Rating Services Inc. downgraded the long-term issuer credit ratings (ICR) of Malayan Insurance Co. Inc. to “bbb” from “bbb+” as it sees the insurance firm’s capital adequacy to “remain under negative pressure.” In a recent statement, A.M. Best said the downgrade reflects the insurance firm’s “weakened” balance sheet strength fundamentals. ....

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