Pls Suggest Car Insurance Companies

**mark_t** · October 12th, 2009 12:52 PM

Originally Posted by heuer77

Malayan is the LEADING non-life INSURANCE company here in P.I. The adjective speaks for itself. Ask mo na lang si Erap kasi binenta niya ang shares nito sa PLDT hehehehe.

About the premium 23k, i don't know if this is okay or not. You did not specify your coverage and insured unit. Be specific for the information relative to your questions.

Leading based on premium collected.

**batangmahal** · October 12th, 2009 01:16 PM

Standard Insurance... ito raw ang leading insurance company, as far as motor vehicle insurance is concerned.

**heuer77** · October 12th, 2009 01:23 PM

Originally Posted by mark_t

Leading based on premium collected.

i'm sorry? i am talking about GROSS PREMIUMS WRITTEN and not COLLECTED. Batayan po is GROSS and not COLLECTION.

Leading because they topped on ALL SEGMENTS be it PROPERTY, VEHICLE, MARINE, etc etc etc.

Standard? Nope they're not. They're failing actually

**james00112233** · October 12th, 2009 01:38 PM

Originally Posted by heuer77

i'm sorry? i am talking about GROSS PREMIUMS WRITTEN and not COLLECTED. Batayan po is GROSS and not COLLECTION.

Leading because they topped on ALL SEGMENTS be it PROPERTY, VEHICLE, MARINE, etc etc etc.

Standard? Nope they're not. They're failing actually

Does this mean na hindi maganda ang Standard Insurance?

**heuer77** · October 12th, 2009 01:48 PM

Originally Posted by james00112233

Does this mean na hindi maganda ang Standard Insurance?

I didn't say that. Mas marami lang talaga seguro nagpapa-insure sa ibang insurance companies coz of marketing strategy. Some banks has its own non-life (and even life) subsidiary so as not take away the business from them, automatic sa kanila din naka-insure (Banc Assurance).

Marami lang ata nagco-complain sa Standard pagdating sa claims. Okay pa rin naman sila kaso nga lang naungusan na ng iba. Worry not, nasa top 10 pa din naman sila (out of 50++ non-life ins. company)!

**mark_t** · October 12th, 2009 01:52 PM

Originally Posted by heuer77

i'm sorry? i am talking about GROSS PREMIUMS WRITTEN and not COLLECTED. Batayan po is GROSS and not COLLECTION.

Leading because they topped on ALL SEGMENTS be it PROPERTY, VEHICLE, MARINE, etc etc etc.

Standard? Nope they're not. They're failing actually

So you mean leading in gross premium written and not collected.

I find that strange. Anyway thanks for the info.

**heuer77** · October 12th, 2009 02:09 PM

Originally Posted by mark_t

So you mean leading in gross premium written and not collected.

I find that strange. Anyway thanks for the info.

Hello mark_t. Ikaw ang nagsabi in terms of COLLECTED. Strange? Nope, Malayan has been the consistent No. 1 ever since. Last year, probably they've written about 5B - 7B GROSS PREMIUMS, compared to PRUDENTIAL (RANK #2) gross 2-3B.