PHILAMLIFE: STILL THE MOST TRUSTED BRAND

PHILAMLIFE: STILL THE MOST TRUSTED BRAND
Stability & Strength Confirmed by Third Party Testimonials


Department of Finance Secretary Gary Teves (TV Patrol World, Oct 6)
“Philamlife as market leader can very well pay claims and underwrite new policies given its capital strength. The sale of Philamlife would have a net positive impact on the domestic insurance industry.”


Department of Finance Secretary Gary Teves (BusinessWorld, Oct 7)
“Philamlife as a market leader can very well pay claims and underwrite new policies given its capital strength and fiscal prudence in line with reforms that we have instituted in the local insurance industry.”


Department of Finance Secretary Gary Teves, (DZRH, Sept 24)
“Kaya itong mga bangkong ito pati na rin yung subsidiary ng AIG yung Philamlife, merong sariling capital yan sabi nga ni Joey Cuisia presidente dito at hindi sila nagdedepend sa supporta ng parent company.” (These banks [pertaining to the banks that may be affected by the US crisis] including the subsidiary of AIG which is Philamlife has their own capital said Joey Cuisia, president of Philamlilfe and they are not dependent on the support of the parent company)


Insurance Commissioner Eduardo Malinis (PDI, Oct 7)
“We are on top of this. We will see to it that the rights of policyholders will be properly enforced”


Insurance Commission Deputy Commissioner Vida Chiong (PDI, Sept 26)
The mother company can’t just get the assets of Philamlife and the company cannot be sold to anybody that is not approved by the local regulator. The Insurance Commission will make sure that every policy that is in force will be serviced.”


Insurance Commission Deputy Commissioner Vida Chiong (PDI, Sept 30)
“So policyholders really have nothing to worry about.”


United States Ambassador to the Philippines Kristie Kenney (Mla Times, Sept 19)
“According to the ambassador, she was ‘glad that Philippine companies remained strong enough to withstand this crisis’ apparently referring to one of them, Philamlife.”


Senator Ed Angara, Chair of Senate Committee on Banks, Financial Institutions and Currencies (People’s Journal, Oct 7)
“We should assure all Philam Life policy and plan holders that their investments are safe and are not affected by the pending change of ownership.”


Senator Mar Roxas (Abante, Oct 7)
“Hiwalay ang libro ng Philamlife kesa sa AIG. Ang Philamlife ay regulated ng Philippine Insurance Commissioner at di basta basta silang pinapayagan mag-invest kung saan-saan lang. Matatag ang kumpanyang ito.” (The books of Philamlife are separate to that of AIG. Philamlife is regulated by the Philippine Insurance Commissioner and they are not quickly allowed to invest on anything. This company is solid.)