Prosperity and Beyond: Philam Life ushers in the Chinese New Year with renewed commitment to empowerment

Over the past few decades, Chinese New Year has become one of the most celebrated occasions for Filipinos, particularly in Binondo, Manila where Chinatown is located. Established in 1594, it is widely believed to be the world’s oldest Chinatown.

This annual event is a celebration of the richness of the Filipino-Chinese heritage and culture that persists today and continues to be relevant as the nation pushes forward towards progress. This commitment to tradition and value formation handed down from generation to generation has been one of the many virtues that Philam Life has shared with the rest of the Filipino-Chinese community.

 Rex A. Mendoza, Philam 

“Philam Life recognizes the importance of the Chinese New Year celebration to the FilipinoChinese community,” says Rex A. Mendoza, Philam Life President and CEO. “Our affiliation with AIA Company Limited plays a huge part in our continued commitment to empower Chinoys. Our sensitivity to the unique needs of the Filipino-Chinese market is reflected in our focused initiatives for this key customer segment. In the Year of the Water Snake which symbolizes wisdom and abundance, we want our customers to make wise decisions and help them achieve financial security and prosperity.”

Philam Life is a member of AIA Company Limited—the largest independent publicly listed pan-Asian life insurance group—that traces its roots to Shanghai, China over 90 years ago.

On February 8, 2013, Philam Life marks the Chinese New Year celebration with a grandiose ceremonial unveiling of the office signage of the new Philam Life Customer Service Center in Binondo which will provide full servicing to all Philam Life clients and agents. Mr. Mendoza said, “Our new Binondo office will carry the new corporate look with modern facilities including a lounge for VIP clients and MDRT agents. We want to inspire and empower our customers by bringing branch servicing to a new level in a modern office setting. In the year of the Water Snake, we wish them abundance and success in achieving their dreams.”

The event will be highlighted by financial and business forecasts by Feng Shui expert Richard Yu, which will be followed by the ceremonial unveiling of the new Binondo office and an eye-dotting ceremony of the Philam Life dragon by Mr. Rex Mendoza. This will be complemented by the traditional dragon parade in Binondo come February 9, 2013.

Photo at the Ramada Hotel 

Visit www.philamlife.com to know more about Philam Life, its products, and its quest to build an educated nation of empowered Filipinos.

About Philam Life

The Philippine American Life and General Insurance Company (Philam Life) is the largest life insurance company in the Philippines and the market leader for over 60 years. Philam Life offers an extensive line of products in the industry that provides solutions to various financial needs including life protection, health insurance, savings, education, retirement, investment, group and credit life insurance. Philam Life has the most extensive network of offices and sales agencies nationwide.

Philam Life is part of the AIA Company Limited, the largest independent publicly listed pan-Asian life insurance group.

About AIA

AIA Company Limited and its subsidiaries (collectively “AIA” or “the Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has operations in 16 markets in Asia Pacific – wholly owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 92 per cent subsidiary in Sri Lanka and a 26 per cent joint-venture in India.

The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$119,494 million as of 31 May 2012.

AIA meets the savings and protection needs of individuals by offering a range of products and services including retirement savings plans, life insurance and accident and health insurance. AIA also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents and employees across Asia Pacific, AIA serves the holders of more than 24 million individual policies and over 10 million participating members of group insurance schemes.

AIA Company Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).