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Date: May 10, 2022, 6:36 a.m.

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Date: 2022-05-10 10:30:07.000000

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Industry average ratios for the insurance company industry in Philippines

Published by Insurance Commission(IC) on May 10, 2022.
Requested from IC by M. Paligar at 06:36 AM on May 10, 2022.
Purpose: Research and development
Date of Coverage: 01/01/2018 - 12/31/2020
Tracking no: #IC-951624834847

M.SORIANO May 10, 2022, 6:36 a.m.

Good day! I would like to request a copy of the industry average ratios for the insurance company industry in Phil. The financial ratios of the industry that I would like to request are: a. Cash ratio b. working capital c. current ratio d. quick ratio e. debt ratio f, equity ratio g. debt to equity ratio h. rate of return on sales i. rate of return on assets j. rate of return on equity k. earnings per share l. dividend yield m. price to earnings n. inventory turnover ratios o. receivables turnover ratio p. other ratios that can be gathered beyond our request Respectfully, [Redacted][Name]

E.IGNACIO May 10, 2022, 10:30 a.m.

May 10, 2022 Dear [Redacted][Name], I refer to my letter of May 10, 2022 06:36:51 AM about your request under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Industry average ratios for the insurance company industry in Philippines. In order for us to work on your request, we need more information from you regarding your query. In particular, it would be helpful to know for what specific purpose you are going to use the information, specifically whether it is personal or for use by agency/business company. If for use by a agency/business entity, to ensure that whatever information, advice, request or inquiry that are being sent to the Commission are authorized by or known to top or senior management of the company, please have the request signed by the President of the company or a responsible company officer with the rank of at least Vice President. Also, may we be inform of which specific insurance industry are you referring to. You may use the reply function on the eFOI portal at https://foi.gov.ph/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTk1MTYyNDgzNDg0Nww, for request with ticket number #IC-951624834847, to respond. During the period of us awaiting your reply, your request will be put on hold. If we do not receive a reply on or before Aug 02, 2022 02:29:14 AM, your request will be closed. We hope to hear from you at the soonest possible time. Thank you. Respectfully, Edmar Ignacio FOI Officer

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