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Malayan Insurance Covid-19 protection products bag 2 global honors

Malayan Insurance Covid-19 protection products bag 2 global honors
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

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Malayan Insurance is Top Philippine non-life insurer

In the latest release of insurance industry unaudited figures, Insurance Commissioner Dennis Funa said that Malayan Insurance Co., Inc. was in first place for the Philippine non-life insurance industry, based on Gross Premiums Written, for the Year 2020. ....

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Malayan Insurance is top PH non-life insurer – Manila Bulletin

Published April 29, 2021, 5:00 AM
Based on gross premium
In the latest release of insurance industry unaudited figures, Insurance Commissioner Dennis Funa said that Malayan Insurance Co., Inc. was in first place for the Philippine non-life insurance industry, based on Gross Premiums Written, for Year 2020.
Malayan Insurance’s number one ranking was based on the compilation of quarterly reports on selected financial statistics of the insurance industry, submitted by companies to the Insurance Commission.
Based on a compilation of unaudited reports submitted for year 2020, Malayan Insurance’s gross premiums written amounted to P14.21 billion, the highest in the industry, despite the effects of the COVID-19 pandemic on the economy. Malayan’s net premiums written were at P4.08 billion, putting it among the top non-life insurers in the country. ....

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Fairfax Financial Holdings Limited: Financial Results for the Year Ended December 31, 2020

(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the International Accounting Standards Board except as otherwise noted, and are unaudited.) TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) announces fiscal year 2020 net earnings of $218.4 million ($6.29 net earnings per diluted share after payment of preferred share dividends) compared to fiscal year 2019 net earnings of $2,004.1 million ($69.79 net earnings per diluted share after payment of preferred share dividends). Book value per basic share at December 31, 2020 was $478.33 compared to $486.10 at December 31, 2019 (an increase of 0.6% adjusted for the $10 per common share dividend paid in the first quarter of 2020). "In 2020 all of our insurance ....

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Malayan offers protection focused on COVID-19 risks

Published January 30, 2021, 5:00 AM
The Malayan Insurance Co., Inc. has rolled out a new protection option to help manage the ill effects of the coronavirus disease 2019 (COVID-19).
In a statement, Yuchengco-owned non-life insurer said it has started offering an accident and hospitalization cover, called “Vital Cover product.”
Malayan Insurance said this new insurance option provides loss of life cash assistance, a daily hospital income benefit for a maximum hospital confinement of up to 14 days, when the policyholder is stricken with COVID-19, Dengue or Chikungunya.
Premiums start as low as P130 for a coverage worth P12,500. The higher variant, Plan C extends assistance worth P300,000 for a premium starting at P1,470 depending on the age of the customer. There are also other plan packages to choose from. ....

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