Requested from IC by M. Bacasmo at 05:21 PM on
Jun 15, 2023.
Purpose: Research
Date of Coverage: 01/01/2022 - 12/31/2022
Tracking no: #IC-165947260313
Bacasmo 05:21 PM, Jun 15, 2023
Hello! I would like to request the following documents submitted by AIA Philippines Life and General Insurance Company Inc.
1) Their latest audited financial statements with notes
Ignacio 11:23 AM, Jun 16, 2023
June 16, 2023
Dear Mr. Bacasmo,
I refer to my letter of Jun 15, 2023 05:21:29 PM about your request under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Audited financial statements.
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.. You may use the reply function on the eFOI portal at https://foi.gov.ph/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTE2NTk0NzI2MDMxMww, for request with ticket number #IC-165947260313, 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 Sep 08, 2023 03:23:37 AM, your request will be closed.
We hope to hear from you at the soonest possible time.
Thank you.
Respectfully,
Edmar Ignacio
FOI Officer
Bacasmo 11:44 AM, Jun 16, 2023
Good day Mr. Edmar,
In conjunction with another request (standard chart of accounts) by me to the Insurance Commission, this as well is for the same research project. Part of the project is the application of accounting for insurance companies and we are tasked to obtain information regarding the chosen insurance company we are assigned.
In our case, we were assigned Composite Insurance Companies and we have chosen AIA Philippines Life and General Insurance Company Inc.. We have been unsuccessful in looking for their latest audited financial statements through their website. Since insurance companies are required to submit their audited financial statements to the SEC and IC, and available for public users, we have redirected to request such documents to the Insurance Commission.
We sincerely appreciate your attention to this request and look forward to your positive response.
Thank you po
Ignacio 11:10 AM, Jun 20, 2023
June 20, 2023
Dear Mr. Bacasmo,
Thank you for your request dated Jun 15, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Audited financial statements.
We received your request on Jun 16, 2023 and will respond on or before Jul 07, 2023 05:21:29 PM, in accordance with the Executive Order's implementing rules and regulations.
Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHAsSB0NvbnRlbnQiD0lDLTE2NTk0NzI2MDMxMww, for request with ticket number #IC-165947260313.
Thank you.
Respectfully,
Edmar Ignacio
FOI Officer
Vinzon 01:33 PM, Jul 03, 2023
July 3, 2023
Dear Mr. Bacasmo,
Greetings!
Thank you for your request dated Jun 15, 2023 05:21:29 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.
Your Request
You asked for Audited financial statements.
Response to Request
In relation to your request, please be informed that the requested information is ready for release. Kindly prepare an amount of Php750.00 for the reproduction cost. Attached is a copy of the Order of Payment for your reference.
In visiting the Insurance Commission, kindly book an appointment using our IC Appointment Reservation System (ICare) which can be accessed through the link: https://web.insurance.gov.ph/icare/login. Representative/personnel assigned to pick up the requested document must be duly authorized in writing and must bring a photocopy of valid ID for records purposes.
Should you have further questions on this matter, please contact us at the IC Records Section at telephone number (02)85238461 loc. 123 or email at icrecords-foi@insurance.gov.ph.
Your right to request a review
If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by email at icrecords-foi@insurance.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.
If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).
The quality of services you deserve matter to us. To help the Insurance Commission monitor the progress in improving its services, we appreciate accomplishing the Customer Satisfaction Surveys (CSS) through the following link: https://bit.ly/ICCustomerSatisfactionSurvey
Thank you.
Respectfully,
Atty. Albert Lawrence Vinzon
FOI Decision Maker
Attachments:
RES-2023-07-00002.pdf
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