29 Maret 2013

Failed Non-Life Insurance Companies, Philippines, 2012


Here are life insurance companies and non-life insurance companies in the Philippines placed under conservatorship, liquidation or receivership by the Insurance Commission as of November 2012:



A
AFISCO Insurance Corp.
Algen Insurance Corp.

C
Capital Insurance & Surety Co.
Cathay Insurance Co.
CCC Insurance Corp.
Central Surety & Insurance Co.
CICI General Insurance Corp.
Covenant Assurance Co.

D
Development Insurance & Surety Corp.

F
Fidelity Insurance Co.
Filipino Merchants' Insurance Co.
Fire Services Mutual Benefit Association
First Quezon City Insurance Co.

G
General Insurance & Surety Corp.

I
Imperial Insurance Inc.
Insurance of the Philippine Islands Co.

L
Luzon Insurance & Surety Co.

M
Mantrust General Insurance Corp.
Mega Pacific Insurance Corp.

N
National Life Insurance Co. of the Phils.
Nicphil Insurance Inc.

P
Philippine Association for Vocational Education (PAVE) MAS Fund
Philippine General Insurance Corp.
Philippine Public School Teachers Association (PPSTA)

R
Rico General Insurance Corp.

S
South Sea Surety & Insurance Co.

T
TICO Insurance Co.
Times Surety & Insurance Co.
Travellers Life Assurance of the Phils. Inc.

V
Value General Financial Insurance Co.

W
Wellington Insurance Co.

Z
Zenith Insurance Corp.

All in all, 32 insurance companies failed as of November 2012. For further information, contact the Insurance Commission, United Nations Avenue in Ermita, Manila.

Insurance Commission

Phone/Fax (+632) 5238461 to 70
E-Mail: pubassist@insurance.gov.ph
Address: 1071 United Nations Ave.
Ermita, Manila



List of Non-Life Insurance Companies Licensed for 2012-2013
Ranking of Life Insurance Companies, Net Worth Dec 2011

28 Februari 2013

Buying Car Insurance Online

You can buying car insurance online from some auto insurance companies that you know or based on presentation from a car insurance marketing officer. You can sit in the comfort of your home and get quotes from several insurance companies for the best rates for your auto insurance.

Make sure you are familiar with state limits and requirements when buying car insurance online. Know what you want.