Philippine Prudential Life Insurance Company, Inc. recently celebrated its 49^th Founding Anniversary at the Wack-Wack Golf and Country Club in Mandaluyong City.  Company executives, employees, associates from the life insurance industry and other distinguished guests attended the event, which also served as the Annual Awards Night for employees who have played a significant role in Philippine Prudential’s accomplishments, especially those who have been with the Company for many years.

Ten employees, led by Onofre C. De Dios, the Company’s Head of Actuarial and 35-Year Awardee, were recognized for their loyalty, achievements and dedication.  Company President and CEO Gregorio D. Mercado personally congratulated all of the awardees and extolled them to “keep up the good work and continue to be Passionate, Enthusiastic and Committed members of the Philippine Prudential Family.”

Photo above shows (L-R): 10-Year Awardee Edmundo Sarches, Supervisor of the Year Awardee David Silayan, 30-Year Awardee Roberto Contillo, 35-Year Awardee Onofre C. De Dios, Philippine Prudential President and CEO Gregorio D. Mercado, Employee of the Year Awardee Gina Carbon, 15-Year Awardee Luisa Tabag, 15-Year Awardee Ferdinand Trinidad, Head of Accounting & Service Delivery Nenita N. Agustin, 15-Year Awardee Florenze Collado and 15-Year Awardee Romualdo  Batac.

 Philippine Prudential Life Insurance Company, Inc., (Philippine Prudential) the industry leader in innovation and growth in the life insurance industry in the country, recently held its 2012 Sales Leadership Convention in Boracay, with almost 80 Company Executives and Top Sales Performers in attendance.

Philippine Prudential President and CEO Gregorio D. Mercado said, “While this was the third straight year that the convention was held in Boracay, it was the first time that we held the Annual Sales Awards Night there.  We saw it fit to honor our top sales performers in this island paradise, as they relax and bond with their colleagues after all the hard work in generating over Php 1.009 Billion in Total Premium Income in 2011.  More than just giving recognition, it is important that we also give our champions a rewarding experience that they truly deserve.”

The highlight of the four-day event was an intensive teambuilding activity called “Man vs. Wild: Mad About Winning,” organized by the Company’s People Management and Development (PMD) Team. All participants played “Survivor-”type roles as they underwent various physical and mental challenges that strengthened their teamwork, strategic planning skills and levels of persistence.  They were divided into three teams: Wild Boars, Scorpion Kings and Black Widow.  The Wild Boars, led by Philippine Prudential Assistant Vice President Daniel E. Mercado IV, won the competition.

Photo above shows Philippine Prudential President and CEO Gregorio D. Mercado (middle) and Company Executives with the Convention Delegates.

In line with Philippine Prudential Life Insurance Company, Inc.’s (Philippine Prudential) continuous efforts to provide a better and secured future to Filipinos everywhere, its Cebu sales office recently sponsored “Bo Sanchez’s G2G Kerygma Conference 2011 GLORY TO GLORY” at the Waterfront Hotel in Lahug, Cebu City. During the event, Philippine Prudential, through its AVP for Sales and Marketing – VisMin Operations Daniel E. Mercado IV, raffled off a One Million Peso worth of Life Insurance Coverage for one year. MR. JUANITO Q. SANTILLAN, one of the participants of the Kerygma Conference, was the lucky winner of the insurance coverage. He said “I was doubtful at first when I was approached at the mall, but it was my wife who pushed me to try my luck and so I did. Hindi ko akalain na mananalo ako.” Mr. Santillan, is grateful to Philippine Prudential for the free coverage especially since his profession as a seaman exposes him to a lot of hazards, so his winning will be helpful for him and his family’s protection.

Photo above shows Philippine Prudential’s AVP for Sales and Marketing – VisMin Operations Daniel Mercado IV congratulating Mr. Juanito Santillan for winning the Php1,000,000 worth of Life Insurance Coverage for one year.

We thank you for your continued patronage and trust, as we continue to provide the best possible products and service to Filipinos everywhere!

Meanwhile, we continue to remind everyone, especially our Valued Policyholders, that Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential) has no filial or business relationship whatsoever with Prudentialife Plans, Inc., a pre-need company which carries pension, education and memorial plans and which has recently been issued a “stay order” by the Insurance Commission.

Rest assured that Philippine Prudential Life Insurance Company, Inc., which is now celebrating its 49th year of sterling, trustworthy and continuous service, remains stable, financially strong and capable of meeting all of its obligations, as a duly-licensed life insurance company by the Insurance Commission.

We thank you for your continued patronage and trust, as we continue to provide the best possible products and service to Filipinos everywhere.

FOR PHILIPPINE PRUDENTIAL LIFE INSURANCE COMPANY, INC.

RODOLFO C. ESTRERA

Head — Corporate Communication Office

Philippine Prudential, founded in 1963, continues to be an industry leader in innovation and growth in the life insurance industry in the country. It is a reputable 100% Filipino-owned financial services company committed to providing the best financial advice and diversified and affordable products — such as endowment plans, whole life plans, group and permanent plans, healthcare coverage, educational and pension policies and Credit Life Insurance — to its valued clients through its multiple and accessible distribution channels, through a nationwide sales office network manned by over 1,200 sales agents and employees.

Now celebrating 49 years of sterling, trustworthy and continuous service, Philippine Prudential continues to grow and serve the best interests of its more than 1.5 Million Policyholders and their families, with over Php 57 Billion Business-In-Force. As of December 31, 2010, it has Total Assets of over Php 681 Million, which represents a 16.2% growth over the previous year or a tremendous 272% over a span of five years. Total Equity is at over Php 228.9 Million, from merely Php 139 Million in 2005, or a five-year growth of 63.60%. Net Income is recorded at Php 23.86 Million or a 210% growth over five years. Its Total Premium Income is recorded at over Php 890 Million, a 31% growth over previous year or a 454% growth since 2005. Total amount of Claims paid is over Php 88.47 Million for the year while the Legal Policy Reserves, the funds invested to be used for future claims, is recorded at over Php 351 Million, or an increase of Php 69 Million from previous year. Total Investments are at over Php 351.47 Million.

Philippine Prudential has been awarded the prestigious Superbrands status, making it the only life insurance company to be given this distinction for two consecutive years: for the 2009-2010 awarding period and, again, for the 2011-2012 awarding period. In addition, the Company recently received a special recognition from the Insurance Commission for its valuable contributions and efforts in the field of Microinsurance during its “Gabi ng Parangal at Pasasalamat sa mga Tagapagtaguyod ng Microinsurance.”

According to Philippine Prudential President and CEO, Mr. Gregorio D. Mercado, “Philippine Prudential Life Insurance Company, Inc. is financially sound, as it remains to be a stable and strongly capitalized company, duly-licensed by our government regulator, the Insurance Commission. Our valued Policyholders can be assured that their interests are protected with the Company’s financial strength and business expertise. We remain focused on the daily execution of our business and continue to provide our clients with the highest levels of service, as we continue to expand and write new business, while remaining committed to meeting our Policyholders’ needs.”

Photo above shows “Kuya” Efren Peñaflorida together with Dyanamic Teen Company members. Also in photo are Philippine Prudential’s Ms. Sheryl Temple (extreme right), People Management and Development (PMD) Manager and PMD’s Training Officers Mr. David Silayan and Ms. Michelle Duff.

Philippine Prudential Life Insurance Company, Inc. (Philippine Prudential), the industry leader in innovation and growth, remains committed to its  Corporate Social Responsibility (CSR) thrusts through its continued partnership with 2009 CNN Hero Of The Year “Kuya” Efren Peñaflorida and his Cavite-based Dynamic Teen Company (DTC) youth organization.  As part of the Company’s continued active support, Philippine Prudential renewed the youth organization’s members’ insurance coverage worth Php1,900,000.00 during the Dynamic Teen Company’s 14^th founding anniversary at Island Cove in Cavite.  Apart from the insurance coverage, the Company also provided the kids with a hundred pairs of rubber shoes that will be helpful in realizing the organization’s mission of making a difference in people’s lives through its numerous worthwhile activities. Philippine Prudential shares in the vision of DTC in unleashing the heroes within themselves.