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IC says PGAI leads non-life sector in NPW

IC says PGAI leads non-life sector in NPW
visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.

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Sun Life, Prudential Guarantee lead life and non-life insurers in Philippines

Sun Life, Prudential Guarantee lead life and non-life insurers in Philippines © STAR/File Sun Life, Prudential Guarantee lead life and non-life insurers in Philippines MANILA, Philippines The Insurance Commission (IC) announced Sun Life Canada (Philippines) Inc. and Prudential Guarantee and Assurance Inc. (PGAI) remained the highest-ranked life and non-life insurance company, respectively, in terms of premium income in 2020. Based on insurance companies’ quarterly reports on selected financial statistics submitted to IC at the end of December last year, Sun Life topped life insurance companies with a premium income of P39.27 billion, while PGAI led the non-life sector with net premiums written (NPW) amounting to P4.55 billion in 2020.

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Life Insurer Accused Of Unlawful Premium Collection

ADVERTISEMENT ADVERTISEMENT Life Insurer Accused Of Unlawful Premium Collection Law360 (April 9, 2021, 3:26 PM EDT) Standard Insurance Co. illegally collected premiums from Colorado state and local government employees for unapproved additional life insurance coverage then denied the coverage to beneficiaries, a proposed class claimed in federal court. Lauren Tinker, a Colorado schoolteacher, was denied $150,000 in additional life insurance coverage by Standard on top of a $50,000 policy for her deceased husband despite her paying premiums for two years, according to the suit, which was removed to the U.S. District of Colorado from state court on Thursday. Standard unlawfully collects the premiums from policyholders without informing them and beneficiaries of any absence for approval of additional life.

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Restraining the enforcement of tax collection – The Manila Times

Restraining the enforcement of tax collection – The Manila Times
manilatimes.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilatimes.net Daily Mail and Mail on Sunday newspapers.

Standard insurance coInternal revenueTax codeRepublic actTax appealsதரநிலை காப்பீடு இணைஉள் வருவாய்வரி குறியீடுகுடியரசு நாடகம்வரி முறையீடுகள்