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AIA Philam Life provides comprehensive health protection for every Filipino family

March 3, 2021

If there was one thing we learned from 2020, it’s making sure that health is a top priority. The rising number of cases and deaths caused by the pandemic served as a wakeup call for Filipinos to safeguard their family's wellbeing.   In a recent online event held for the media, AIA Philam Life tapped its protection ambassadors Gary Valenciano, his son Paolo Valenciano and wife Sam Valenciano, to share their personal stories of protection and the importance of passing on the legacy of protection to the younger generation.   Protection is at the core of AIA Philam Life’s mission—to race against risk and protect every Filipino family and empower them to live healthier, longer and better lives. In fulfillment of this mission, AIA Philam Life launched innovative products within the last two years, referred to as the Protection Trinity, designed to help address the basic protection needs of Filipinos: life, critical illness, and medical.   AIA Critical Protect 100 was launched in 2019, providing coverage from 100 critical illnesses, from age 0 to 100. Within the same year, AIA All-In-One was introduced—an affordable non-participating whole life insurance plan which provides financial protection from death, accident, disability, and critical illness, offering comprehensive and guaranteed protection benefit against risks (including natural calamities and riding public transportation) that may be experienced now or in the future.   Last year, the trinity was completed with the launch of AIA Med-Assist, designed to help manage the financial burden of Filipino families due to unexpected medical expenses. AIA Med-Assist bridges the expense gap between HMO and life insurance coverage to ensure savings remain untouched despite hospital confinement for more than 12 hours.   To further strengthen its Protection Trinity portfolio, AIA Philam Life recently launched the newest addition, AIA Health Cover, a peso-denominated variable life insurance plan which provides all-around health and critical illness protection. Tennyson Paras, AIA Philam Life Head of Products, explains, “In developing AIA Health Cover that offers comprehensive health and protection benefits, we give Filipinos a product that can cover them in case they are diagnosed with any of the 91 critical illnesses or get benefits like a daily allowance if they are hospitalized for at least 24 hours.”   Leo Tan, AIA Philam Life Chief Marketing Officer, shares the rationale for the development of the Protection Trinity portfolio, “With the huge protection gap in the country coupled with the low insurance penetration rate, there’s a lot of work to be done in the fulfillment of our mission of racing against risk, and developing the Protection Trinity products was one of the best ways we can achieve that. This is the basic financial need that Filipinos have not been paying attention to these past few years, and with the pandemic bringing into focus the importance of protection, we want to make sure we are offering them the best and complete suite of products to meet that need. By making sure that we have the right products, we go a long way in helping our customers live Healthier, Longer and Better Lives.”   Know more about AIA Health Cover and AIA Philam Life’s protection products by visiting the AIA Philam Life website at philamlife.com, Facebook page at https://www.facebook.com/AIAPhilamLife/, email philamlife@aia.com or call (02)8528-2000.

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Globe announces full year 2020 results

February 17, 2021

AS a testament to Globe’s commitment to provide internet access to all Filipinos, the Company invested a total of ₱60.3 billion in capex in 2020, surpassing last year’s record level spending by 18%. Also, 2020 capex represented 41% of gross service revenues and 82% of EBITDA. Majority of the capex or about 86% went to data-related requirements to meet the growing data demands of Filipinos nationwide. Full year 2021 cash capex is expected to reach a new record of ₱70.0 billion to execute the Company’s network roll-out strategy that includes aggressive cell site builds, upgrade of all its sites to Fourth Generation/Long-Term Evolution technology (4G/LTE), and fast-tracking the fiberization of Filipino homes nationwide. This record-breaking capital expenditure supports Globe’s continuous modernization of its network to make 5G as well as fiber technology available to customers in more areas in the country. Globe’s massive network investments likewise prove its strong support of the United Nations Sustainable Development Goals, particularly UN SDG No. 9 which highlights the roles of infrastructure and innovation as crucial drivers of economic growth and development. Despite the continuing impact of the Coronavirus disease (COVID-19) pandemic, Globe was able to build close to 1,300 new cell sites or cell towers, up from 1,100 the previous year. Also, the aggressive modernization of its existing network infrastructure resulted to a total of 11,529 site upgrades to 4G/LTE this year, higher than the 10,135 in 2019. Moreover, Globe deployed 5G sites in Metro Manila, as well as certain cities in Visayas and Mindanao making 5G available in 1,045 areas in the country. These network improvements enhanced the customer experience and the Filipino digital lifestyle, and addressed the challenges of the new normal. The new site builds and network upgrades all over the country were validated by an increase in mobile consistency scores across all regions as indicated in the recent report from an independent analytics firm, Ookla®. Its quarterly data shows that Globe's overall Consistency Score in the fourth quarter of 2020 improved to 60.82% from previous quarter’s 56.83%. Globe’s regional mobile Consistency Score™ also improved from the previous quarter in 16 out of 17 regions. In addition, Globe registered increases as high as 10 PPTs (percentage points), with Consistency Scores ranging from 39% and 65% in the last quarter of 2020. Globe financial and operating results for 2020 reported consolidated service revenues of ₱146.4 billion, a moderate decline of 2% from the record level of ₱149.0 billion reported a year ago.

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GET AMPED UP WITH AMPALAYA PLUS AND DANCE ON TIKTOK FOR A CAUSE 

December 2, 2020

Move to the rhythm of the latest online dance craze that gets your heart pumping and fuller in goodwill while keeping your blood sugar at a healthy level.  Nattural Quality Corporation (NQC), the makers of Filipino herbal dietary supplement Ampalaya Plus, invites students and social media influencers to dance on TikTok for a chance to donate educational tablets to students in need through the “AMP UP Dance Challenge” (ampup.ampalayaplus.com).  In partnership with Christian radio station Radio Veritas, the campaign promotes holistic well-being while providing students with educational tools during this challenging time of alternative learning. Ampalaya Plus will be giving away learning tablets to ten entries with top social media engagement, while schools that encourage their students to take on the challenge will also be rewarded with gadgets for online teaching. To make it even more exciting, social media influencers with more than 1,000 followers are welcome to join on behalf of their chosen beneficiaries. How to join? A participant must upload a dance video of themselves together with family members on Tiktok, performing the official AMP UP dance steps. Complete the entry with the caption and hashtag #AmpalayaPlusDanceUp and the name of their school. The group representative must also send a copy of the entry via direct message to the Ampalaya Plus Facebook page to qualify. The campaign is championed by celebrities RJ Agustin, Kristoff Garcia, and Sisi Rondina, three young people who aim to highlight the importance of  a healthy diet and regular exercise among young adults, especially against diabetes. “The AMP UP Dance Challenge hopes to raise awareness among the youth about their vulnerability to diseases, particularly diabetes, through an engaging and collaborative activity for them and the older members of the household,” said Benson Sian, founder, and CEO of Nattural Quality Corporation. “Their video entries to this online challenge will also serve as a lasting record of their bonding moments during this time of the pandemic.” According to the IDF Diabetes Atlas, diabetes accounted for 4.2 million deaths last year and was responsible for 10% of the global total health expenditure on healthcare at $760 billion. Despite the staggering figures, 1 in 11 adults aged 20-79 have diabetes, while 1 in 2 adults who have it remain undiagnosed. Tagged as “Nature’s Wonder Superfood for Diabetes,” Ampalaya Plus can help manage high blood sugar levels naturally. The natural dietary food supplement contains three of nature’s most potent wonder herbs, namely, bitter gourd (ampalaya), lagerstroemia speciosa (banaba), and turmeric (luyang dilaw).  Ampalaya is among the 10 medicinal plants promoted by the Philippine Department of Health that help maintain blood sugar levels. Meanwhile, studies show that banaba contains corosolic acid, which has numerous anti-diabetic and anti-inflammatory properties. Lastly, turmeric, or the “Golden Spice,” has been traditionally used in ancient medicine for its numerous health benefits.  For more details on Ampalaya Plus and NQC, visit gonatural.com.ph. To know more about the AMP UP Dance Challenge, from the video tutorial of the dance moves and official jingle to the full mechanics of the contest, go to ampup.ampayalaplus.com.  

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Out with the Old, In with the New: Doña Elena Olive Oil Introduces its Latest Look

November 30, 2020

The nourishment that we’re craving right now is all about healthy, affordable, and easy to create home-cooked meals. And why not? In this period of the new normal, most people will agree that cooking is a way we can bring some order and a sense of pleasure in our lives right now.  Whether you’ve been looking for ways on how to cook deliciously affordable meals or wanting to feel empowered in the kitchen, Doña Elena, the country’s no. 1 olive oil inspires you with some thoughtful ideas that won’t only sustain, but will also bring comfort during this time of corona.    A new look that you’ll love: Introducing the new Doña Elena Olive Oil bottle that’s recognizable for patrons and accommodating for first-time users  Celebrated for its perfected combination of premium-quality olives directly sourced and harvested from the farms of Andalucia in Spain, Doña Elena Olive Oil has been dominating the market for a full decade now. We break down what makes Doña Elena Olive Oil the ideal choice in preparing home-cooked, restaurant-quality meals that will inspire you to cook healthily at home! Packed with the good stuff What separates Doña Elena Olive Oil from the rest of the field is its ability to take an already-healthy dietary staple up a notch and make it even fuller in flavor. Extracted from the fruit of olive trees, olive oil defines the Mediterranean diet. Countries like Spain and Greece that have it as part of their native cuisine touts some of the world’s healthiest populations, thanks in large part to the health benefits of olive oil.   Doña Elena Olive Oil is a blend of high-quality hojiblanca and picual olives Doña Elena’s offerings, in particular, are rich in good fats and oxidants through the combination of two types of olives, hojiblanca and picual. Each bottle contains 80% monounsaturated oleic acids, which is proven to regulate insulin and support weight management according to research. The heart-friendly fat is also known for supporting the health of the heart and enhancing brain function. These two organs could be hit by COVID-19, studies say.  Doña Elena Olive Oil comes loaded with high levels of antioxidants like polyphenols and is packed with vitamins E, K, and A that helps lower bad cholesterols. Everything for anything As diverse as the health advantages of olive oils are in its applications, Doña Elena Olive Oil comes in three variants to make any type of dish shine with flavorful and aromatic taste. There’s Extra Virgin for dips and salad dressing; Pure Olive Oil for pasta and everyday cooking; and Pomace for roasting and frying. What’s more, Doña Elena Olive Oil is the only brand that offers the most comprehensive sizes. Whether you’re a seasoned chef or a kitchen rookie, Doña Elena’s Pure, Extra Virgin, and Pomace are conveniently available in 250 ml, 500 ml, 1 Liter, and 5 Liter PET bottle sizes so you have all the options for every purpose and need. As tasty as it looks To make sure that the packaging of Doña Elena Olive Oil does justice to its quality, a renowned French designer was tasked in 2017 to create a new bottle befitting a well-loved premium quality product. The result is a strengthened brand identity that is at the same time recognizable to patrons and accommodating to first-time users.   Doña Elena Olive Oil’s carefully curated bottle design is a stand-out for its elegant and functional design The new packaging includes two significant, fine engravings on the bottle that are exclusively Doña Elena: the Doña Elena insignia near the top, and the olive fruit near the base. Another detail that customers enjoy is the usage recommendation per variant that is printed on the label, making it easier to choose the right olive oil for your cooking needs.  For whatever occasion, Doña Elena Olive Oil comes through as the perfect culinary companion in preparing delicious meals that are good for the health and light on the wallet. Doña Elena Olive Oil is available in all groceries and supermarkets nationwide. Buy online beginning November 20 at www.AceMarket.ph.   --- Fly Ace Corporation is one of the leading food and beverage consumer goods companies in the country today. Propelling limitless multiple-category growth by bringing the best of the world closer to Filipino consumers, Fly Ace Corporation’s portfolio of food and beverage products includes house brands and exclusively distributed brands. To learn more about Fly Ace, visit www.flyacecorp.com. Doña Elena Olive Oil is exclusively distributed by Fly Ace Corporation in the Philippines. It is the consistent no. 1 Olive Oil brand according to A.C. Nielsen. Available in three (3) variants, Extra Virgin, Pure, and Pomace which comes in 250 ml, 500 ml, 1 Liter glass bottles, and 5 Liter PET bottle sizes. For more tips, recipes, and promos visit @donaelenacuisineraclub on Facebook and Instagram.          

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AIA Philam Life continues Save Lives Mission, launches new funds

November 28, 2020

AIA Philam Life continues to fulfill its purpose-driven mission to race against risk and protect every Filipino family and empower them to live healthier, longer, and better lives.    The Philam Group (AIA Philam Life and BPI-Philam combined) rallies behind its Save Lives commitment achieving 67 per cent of its target of lives saved, and 61 per cent in terms of basic sum assured coverage. Despite challenges of the current pandemic, Philam Group was able to stay the course by quickly strengthening its digital capabilities, initially with the Facebook chatbot, the enhanced digital selling (EDS), and now Coffee Closing is fully operational, allowing digital selling to be completed within 20 minutes.    AIA Philam Life CEO Kelvin Ang said, “While it has been a challenging year, the pandemic has given us a stronger purpose to fulfill our mission. We remain committed to fulfilling our Save Lives targets and will work towards its completion by the end of the year. It helps immensely that we are well-positioned to fully embrace the shift to digital in response to the physical restrictions. With our digitally enabled agency force, we are ready to continue addressing the protection needs of Filipinos, now at a faster rate. As we continue to adapt to the situation, this also means technology, digital and analytics will be at the center, becoming our enablers in the fulfillment of our mission.”    AIA Philam Life remains financially strong and stable despite the local economic challenges. “Our financial strength, through our assets and net worth, remained robust throughout 2020 with no significant impact from the pandemic. Our new business results (measured as annualized new premiums) continue to improve in the third quarter, reflected in the strong double-digit growth vs the previous one,” said Gary Ogilvie, AIA Philam Life Chief Financial Officer (CFO). “Furthermore, we are pleased with our product mix and shift to protection and related improvement in our new business margins. We remain confident of the opportunities ahead, with the low insurance penetration rate, and our strategy coupled with an increased awareness of health risks and the value of protection following the pandemic.”   The year showed continued customer patronage for AIA Philam Life’s protection products, with its protection trinity offering making it to the top four bestsellers of the company: AIA Critical Protect 100, AIA All-in-One, and AIA Med-Assist. “Our focus on protection products has allowed AIA Philam Life to achieve a more balanced portfolio, with high protection products accounting for almost half of the mix,” said Leonardo Tan Jr, AIA Philam Life Chief Marketing Officer. “Customers who now have ample coverage for medical emergencies, critical illness and untimely passing, would want to look for solutions for their long-term savings needs, which is why we are now launching new funds that will address this new demand.”   Taking Your Investment Global    With an already strong protection portfolio, AIA Philam Life introduces the global fund range that will be made available through its suite of variable insurance products aimed at addressing the long-term savings needs of customers, with support from AIA Investment Management Pte. Ltd. (AIA IM).    AIA IM is an AIA-affiliated company that was incorporated in 2016 as the hub for regional investment management, solely managing the assets of the AIA entities within the AIA Group and providing investment solutions for customers.    “A first to market approach in the Philippines, the Elite Fund Portfolios Range provide unit linked customers access to global investment strategies managed by best in class fund managers. The Elite Funds combine the different strategies to match client risk profiles and focus on delivering long term investment returns. AIA’s experienced team of investment professionals monitor the funds and strategies in the same way we manage our own money. We invest alongside our customers using the same best in class fund managers and apply consistent standards of professional oversight, providing our customers with the reassurance and consistency they expect from AIA.” said Mark Konyn, AIA Group Chief Investment Officer.   With the support from AIA IM, AIA Philam Life launches the Elite Funds, offering options to customers depending on their risk appetite: Adventurous Fund, Balanced Fund, and Conservative Fund. These funds are sub-managed by leading global investment managers Baillie Gifford, Wellington Management, and Blackrock.     “Through our partnership with AIA IM, we are able to give our clients access to a global portfolio of professionally managed funds that can help them grow their money in the long run,” said Arleen Guevara, AIA Philam Life Chief Investment Officer. “By giving them more investment options, we are empowering them to achieve their long-term savings objective, thus bringing to life our brand purpose of helping Filipinos live Healthier, Longer and Better Lives.”   Find out how you can invest in these funds by visiting the AIA Philam Life website at philamlife.com, Facebook page at https://www.facebook.com/AIAPhilamLife/, emailing philamlife@aia.com or calling (02)8528-2000.

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INSULAR LIFE 110th ANNIVERSARY 

November 25, 2020

110 Years For the Filipino: Lessons of hope, courage, and overcoming the pandemic  Eleven decades and one would think, you’ve seen them all. But each of these periods is unique unto themselves; they are different from each other with their own distinctive highlights.   What is certain is that Insular Life (InLife), has been for the Filipino all these 110 years.  And these past eleven decades presented interesting experiences of their own: the first half is of growth and expansion, its second a series of great years and some costly lessons. There were periods of unprecedented growth as well as intervals of tempered expectations.  Today InLife attains another high point, becoming one of very few Filipino companies surpassing 110 years of success and continued service and operation since 1910. But as the company celebrates this milestone, the world is gripped yet again, by a most crippling crisis – a deadly battle against the unseen.  Medical frontliners receive PPEs from Bryan’s group at the height of the pandemic. The COVID-19 pandemic may be the worst crisis of this generation, because all at once it became a global health, humanitarian and economic crisis. This is exacerbated by the fact that there are no manuals for solutions, no past lessons from which to learn. For InLife, we view these uncertainties as opportunities to serve and to fulfill a promise to be with the Filipino at all times, even in the worst of times.  From her car, Patty Vazquez drove the streets of Sta. Rosa, Laguna to distribute goods to the elderly to help them cope with the lockdown. Lifting up others  Such is the case for InLife employees Bryan De Matta and Patty Vasquez. During the early weeks of the pandemic, Bryan and his two other high school friends, noticed that in their hometown in Binan, Laguna, doctors treating COVID patients were also getting infected.  “One reason bakit nahahawa ang mga doctors is because of direct contact with patients during a process called intubation,” he said.  Bryan explained that doctors put a tube into the windpipe of severe Covid patients to help them breathe. But this direct contact procedure increased the risk of getting infected.  “We launched a project called ‘Pledge a Box’ over social media to solicit  donations so we can buy aerosol boxes for hospitals,” he said.  These aerosol boxes are made of transparent acrylic material and placed over the head of the patient. The box created a separation between the doctor and the patient.  From March to April, Bryan’s group distributed 45 aerosol boxes to 16 hospitals in Metro Manila, Bulacan, Cavite, and Ilocos.  For 25-yearold employee and entrepreneur Patty Vasquez, it was seeing the elderly struggle during the pandemic that made her decide to do something to help.  “I started my branded shoe business (www.PAVPH.com) in 2019,” shared Patty. “I do it online so that I can still be fully employed at Insular Life,” she confessed.  “Yung business ko kapag kumikita ng malaki tumutulong kami sa iba. Lalo na ngayong pandemic, kailangan tumulong sa kapwa,” she said.  Patty explained that shoes and heels are not essential goods. “What our people need are food, water, and medicine,” she said.  “During the lockdown nag sale ako online and I called it ‘Shop For a Cause’. I promoted it on my FB and on my IG. All the proceeds of my April sales were donated to the most vulnerable families in Sta. Rosa (Laguna) and to frontliners like policemen and Barangay workers. Kasi sila yung mga nasa labas,” she said.  With proceeds from ‘Shop for a Cause’ and her personal money from her mid-year bonus, Patty was able to buy stocks of noodles, canned goods, biscuits, rice, water, and medicines for 200 senior citizens and frontline workers.   Pledge to Protect After the success of ‘Pledge a Box’, Bryan and his group launched another project called ‘Pledge to Protect’.  “Medical workers were pleading for personal protective equipment (PPEs). That became our next project.” Bryan shared.  Through sustained social media drive, solicitations, and family contributions, Bryan’s group collected P175,000 which they used to buy 450 PPEs, disposable shoes, and caps for hospitals in Laguna.  Asked why millennials like them embarked on a selfless act for others, both Bryan and Patty credit the example they witnessed at work.   “We are part of the bigger community. We must be aware. Not only sa ganitong situation dahil ang mga Filipino ay laging handang tumulong,” Bryan said. Patty added: “Na-inspire ako lalo noong nag volunteer ako sa Insular Foundation. It is about giving back. Iyong humanitarian heart ni InLife is aligned with my goals as a person.” Both Bryan and Patty are volunteer-employees of Insular Foundation.  Ida Jacob helps her agents cope with the new normal. Ida’s story  While Bryan and Patty took care of senior citizens and frontline workers during the pandemic, another InLifer took on the care of the people under her.  Ida Jacob, who started her insurance career as an InLife employee in 1988, turned out to become one of InLife’s most successful agency leaders.  Graduating Summa Cum Laude at the Colegio de Sta. Isabel (now Universidad de Sta. Isabel) in Naga City, Ida first ventured into the world of the academe. But her father, at that time already a seasoned and successful insurance agent, urged her to try InLife. After years of prodding from her father, she relented. “I was hired as a trainer. Later I was transferred to sales. After about four years, I was promoted as district manager and later on as agency leader,” Ida recalled with fondness.  Ida said she that from that time on, she has devoted her time, energy and talent to honing the skills of financial advisors, especially more so, during this period of the pandemic. “I want all my agents to be able to adopt, all my leaders, all my advisors dapat lahat sila makasabay. I need to sustain their morale, their motivation, monthly, weekly, kung pwede, kahit daily,” she said.  Ida admitted that caring for her agents is a role she takes to heart. “I don’t control the minds of my agents, but hopefully by my actions and example, I can inspire them.” It is what she hopes to achieve for her Company, InLife. “It’s Filipino! InLife is invested in our own country because we do not repatriate income to a mother company abroad. If they should get insured, it should first be by a Filipino,” she said. For more inspiring stories on resiliency, hope, and overcoming the pandemic, please visit: https://www.insularlife.com.ph/news/insular-life-highlights-filipinos-resilience-and-hope-473

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