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October 02, 2023

Malayan Insurance maintains B++ rating

The insurance firm’s financial strength received a “Good” rating backed by adequate business performance.

Malayan Insurance Co. Inc. has upheld its AM Best financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb+” (Good) for the year. The form also maintained its “stable” outlook amid the pandemic’s impact on the local economy. The report said the said affirmation reflect the firm’s strong balance sheet, adequate operating performance, and sound enterprise risk management.


PNB recognized during SSS’s 66th anniversary celebration

The Social Security System (SSS) has bestowed two prestigious awards upon Philippine National Bank (PNB), designating them as the “Best Collection Partner” for the Overseas Bank category and the “Best Disbursement Partner” for the Universal Bank category during the “Balikat ng Bayan” Awards (BBA) 2023 ceremony held at the SSS Main Office in Quezon City on September 8.

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