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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 ...
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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 ...
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ALICO
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 ...
, a river in Sicily {{disambig, geo ...
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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 ...
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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 ...
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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 ...
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