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AIA Philippines
The AIA Philippines Life and General Insurance Company Inc. (commonly known by its trade name AIA Philippines and formerly known as the Philippine American Life and General Insurance Company or Philam Life) is an insurance company based in the Philippines. According to the Insurance Commission, it is the largest life insurance company based on asset and net worth. History AIA Philippines was founded in 1947 as Philam Life by Cornelius Vander Starr, the founder of AIG, and his partner Earl Carroll. Despite it being a new insurance company in the Philippines, it became the largest insurance company in the Philippines by 1949. It has since received various awards such as the Asian Management Award for General Management, Asian Management Award for Financial Management, and the Reader's Digest Platinum Trusted Brand Award. In addition, it also received the Presidential Citation from the Philippine government in 1994. Another milestone for the company was made in 1961 when the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cornelius Vander Starr
Cornelius Vander Starr (October 15, 1892 – December 20, 1968), sometimes known as Neil Starr, was an American businessman and founder of C.V. Starr & Co. (later known as Starr Companies) in Shanghai, China, which became AIG. AIG grew from an initial market value of $300 million to $180 billion, becoming the largest insurance company in the world. Early life Starr was born to parents of Dutch ancestry. His father was a railroad engineer. Starr attended University of California, Berkeley from 1910 to 1911 before dropping out and returning to his hometown of Fort Bragg, California. There he began his first business venture, selling ice cream, at the age of nineteen. He joined the U.S. Army in 1918 but was never deployed overseas because World War I had ended. Unable to resist a strong urge to travel and understand the world, he joined the Pacific Mail Steamship Company as a clerk in Yokohama, Japan. Later that year, he traveled to Shanghai where he worked for several insurance b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ALICO , a river in Sicily
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Alico may refer to: * Alico Arena, an athletics facility at Florida Gulf Coast University donated by * Alico (company) * ALICO Building, in Waco, Texas * American Life Insurance Company, now part of MetLife * Platani (river) The Platani ( scn, Plàtani), known in ancient Greek as the (''Lykos'', "wolf") or (''Halykos'', "Salty"), is a river in southern Sicily, Italy. It is the fifth longest in the island after Imera Meridionale, Simeto, Belice and Dittaino, with a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Bonifacio Global City
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1947
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into Personal finance, personal, Corporate finance, corporate, and public finance. In a financial system, assets are bought, sold, or traded as Financial instrument, financial instruments, such as Currency, currencies, Loan, loans, Bond (finance), bonds, Share (finance), shares, Stock, stocks, Option (finance), options, Futures contract, futures, etc. Assets can also be Bank, banked, Investment, invested, and Insurance, insured to maximize value and minimize loss. In practice, Financial risk, risks are always present in any financial action and entities. A broad range of subfields within finance ex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Makati
Makati ( ), officially the City of Makati ( fil, Lungsod ng Makati), is a 1st class highly urbanized city in the National Capital Region of the Philippines. Makati is the financial center of the Philippines; it has the highest concentration of multinational and local corporations in the country. Major banks, corporations, department stores as well as foreign embassies are based in Makati. The biggest trading floor of the Philippine Stock Exchange used to be situated along the city's Ayala Avenue, before the stock exchange moved their headquarters to the Bonifacio Global City in Taguig. Makati is also known for being a major cultural and entertainment hub in Metro Manila. According to the 2020 census, it has a population of 629,616 people making it as the 17th most populous city in the country and ranked as the 41st most densely populated city in the world with 19,336 inhabitants per square kilometer. Although its population is just above half a million, the daytime populat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philamlife Tower
The Philamlife Tower is an office skyscraper located in Makati, Philippines. It is owned and developed by Philam Properties Corporation, the real estate arm of the Philippine American Life and General Insurance Company (Philamlife, now AIA Philippines). Standing at 200 metres (656 feet), it is currently the 7th-tallest building in Makati, and is the 14th-tallest building in the country and Metro Manila as well. The building has 48 floors above ground, and 5 basement levels for parking. It is also the current headquarters of AIA Philippines since 2023, which will be renamed to AIA Tower. Location The building is located inside the Makati Central Business District along Paseo de Roxas in Makati, just a few meters away from its intersection with Ayala Avenue. The building is directly across the Ayala Triangle. It is a walk away from most of Makati's other major office buildings including the current tallest office building in the country, the PBCom Tower, and entertainment centers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philam Life Theater
The Philam Life Theater, also styled Philamlife Theater, was a performing arts center, performing arts venue at 1440 United Nations Avenue in the Ermita district of Manila, the Philippines. It opened in 1961 as the Philam Life Auditorium and was designed by Filipino architect Carlos Arguelles as part of the corporate headquarters for the Philam Life insurance company (now AIA Philippines). The International Style (architecture), International Style concert hall in the eastern annex of the Philam Life Building is known for its superior room acoustics, acoustics and elegant interior. It served as Manila's cultural center for almost a decade and has played host to world-renowned musicians, choirs and symphony orchestras over its 52-year history, including Renata Tebaldi, Franco Corelli, Marian Anderson, Pinchas Zukerman and Cecile Licad. The theater also served as the home of the Manila Symphony Orchestra, the Manila Philharmonic Orchestra and the Philippine Educational Theater Associat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Galo Ocampo
Galo B. Ocampo (October 16, 1913 – September 12, 1985) was a Philippine artist. He was also the first Filipino to study heraldry and was a member of the International Institute of Genealogy and Heraldry in Madrid. Ocampo was born in Santa Rita, Pampanga. In 1929, he studied Fine Arts at the University of the Philippines in Manila. A modernist painter, he painted works such as the "Moro Dancer" and the "Igorot Dance". Among his paintings, the "Brown Madonna" garnered attention in 1938 because of its depiction of Jesus and Mary as non-Caucasian, brown Filipinos; It was also said to be "flat and two-dimensional". He, along with Victorio C. Edades and Carlos V. Francisco, painted the mural "Rising Philippines" in the lobby of the Capitol Theater in Manila. He served as the director of the National Museum from 1962 to 1968 and also served as a Secretary of the now-defunct Philippine Heraldry Committee which helped to design various seals of the different cities, municipalities, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carlos Arguelles
Carlos D. Arguelles (September 15, 1917 – August 19, 2008) was a Filipino architect who was known for being a leading proponent of the International Style of architecture in the Philippines in the 1960s. He was an Eagle Scout and a Distinguished Eagle Scout Awardee of the Boy Scouts of America. Background Born in Manila, he was the fifth son of Tomas Arguelles, a known pre-war Filipino architect, and Carmen Corcuera. Carlos followed in his father's footsteps and graduated in 1940 from the architecture program in the University of Santo Tomas. He continued his studies at the Massachusetts Institute of Technology where he earned his bachelor's degree in architecture in 1941. The outbreak of World War II interrupted his masteral studies as he enlisted in the army, eventually assigned to be alongside Manuel Quezon and the Philippine Commonwealth government-in-exile in Washington, D.C. and as an intelligence officer under General Chuck Parsons in Australia. He returned to MIT after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of The Philippine Islands
Bank of the Philippine Islands ( fil, Bangko ng Kapuluang Pilipinas, es, Banco de las Islas Filipinas, commonly known as BPI; ) is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines). BPI was founded during the Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II. It provided credit to the National Treasury and printed and issued the Philippine peso fuerte, a precursor to today's Philippine peso. History Colonial period BPI was established on August 1, 1851, as the "El Banco Español Filipino de Isabel II" (), named after the Queen of Spain, Isabella II, the daughter of King Ferdinand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
