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A.M. Best downgrades Malayan rating • Jasper Y. Arcalas

Published: October 3, 2023

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.

Source: businessmirror.com.ph

Stock Commentary: House of Investments suspended after bombshell disclo

Published: April 27, 2023

These moves confirm that the Yuchengco Family is trying to make as much hay as possible while the (political) sun is shining

Source: philstar.com

RCBC doubles peso bond, commercial paper program to P200 billion

Published: June 28, 2022

Yuchengco-led Rizal Commercial Banking Corp. has doubled its peso bond and commercial paper program to P200 billion from P100 billion to raise funds to support asset growth and refinance maturing liabilities.