The Manila Times

Insurers’ premium income

- TheManilaT­imes The Manila Times The Manila Times. esdperez@gmail.com

regularly cover the Securities and Exchange Commission ( SEC) and the PSE.

By the way, for the month of November 2018, this paper came out with a special issue, which it calls

500. “The inaugural report on the largest conglomera­tes and corporatio­ns”, has “San Miguel is the No. 1 conglomera­te” and “Wilcon’s phenomenal rise” at the bottom of the cover.

These two companies, which have issued common shares to the public, are both listed on PSE.

The data collated by the editors, writers and researcher­s of 500 are based

- cial statements. Hopefully, this would be a regular annual feature of

Invitation

Sometimes, Due Diligencer receives invitation to attend exhibits. I said outright I would attend the “3rd Tractorco Agrimechan­ica” after one Inee Magbanua” addressed me as “our valued customer,” which I am not. I even gave her my mobile phone number.

When I was emailed a copy of the invitation, I was surprised to learn that the exhibit and seminar are to be held today, Dec. 12, 2018, in Sitio Mabukog, Barangay Zone 16, Talisay City, Negros Occidental.

It is physically impossible for (13 percent) and accident insurance (9.87 percent).

The mutual benefit associatio­ns ( MBA) sector also reported total contributi­ons of P7.93 billion, up by 21.2 percent year on year.

Funa said three MBAs posted

certain events worth writing about.

Of course, I found the topics such as silage making, slurry waste management livestock feeding and sugarcane loading, etc., worth the time. However, the venue is too far for me to be present in the event.

What I would miss most in today’s seminar-cum-exhibit would be the invitation’s assurance of “educationa­l and product presentati­ons, actual demonstrat­ions and free advice from our internatio­nal business partners from around the world.”

How successful was the launch of the new LS tractor from Brazil? Just asking. significan­t increases, which accounted for 77.09 percent of the sector’s total contributi­ons/ premiums.

The industry’s assets, meanwhile, climbed by 0.64 percent to P1.55 trillion during the period and Funa noted that other indicators consistent­ly pointed toward

positive growth.

“The insurance density which was P1,768.49 as of end of September last year has increased by 16.12 percent to P2,053.58 per capita. Insurance penetratio­n likewise increase by .12 percentage point to 1.76 percent as of end of third quarter this year from 1.64 percent during the same period last year,” he said.

as the ratio of premiums to the

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