THE MALAYAN GROUP

The Malayan Insurance Co., Inc. is considered the core company of the Malayan Group , having been established first. Originally capitalized at P147,000 and domiciled in Manila, Malayan has become a multi-million peso corporation . It has two regional offices: (1 ) the Luzon Regional Office, with branches in Angeles, Baguio, Cabanatuan, Dagupan, Laoag, Legaspi, San Pablo, and Tuguegarao, and service offices in Calamba, Cavite, Isabela, La Union, Lipa, Palawan, and Subic; and (2) the Visayas & Mindanao Regional Office , with branches in Bacolod, Cebu, Iloilo , Tacloban, Cagayan de Oro, Davao, and General Santos, and service offices in Zamboanga, Tagum, and Tagbilaran. In Metro Manila, the company has branches in Makati, Quezon City, Ayala-Alabang,Marikina and Service Offices in Honda Quezon Avenue, Honda Kalookan, and Isuzu Manila.

Non-life insurance protection is at the heart of Malayan's diversified operations. The insurance risks it covers include fire, marine, motorcar, miscellaneous casualty and personal accident, and surety.

Malayan takes pride in being able to settle just and valid claims promptly. It gives the highest priority to the interest of its customers, through the establishment of the Customer Service Center (CSC) at the company's head office. The CSC is a one-stop-shop that responds promptly to customer needs, ranging from initial inquiries to assistance in the processing of claims.

Malayan has also set up the Express Claims Service (XCS), the only one of its kind in the country, which enables processing of claims of up to P15,000 on motorcar insurance within 24 hours or less, using a computerized on-line customer database system. In continuously strengthening its leadership in the industry, Malayan abides by the core values that have been the bedrock of its business: quality service maintained consistently above standards, professionalism, the loyalty and results orientedness of its employees , and sincerity in fulfilling its commitment to serve and protect the Filipino people.

In response to the government's program encouraging foreign investments in the country, three renowned insurance companies from the Philippines, Japan, and the United States entered into an agreement in March 1964 forming Pan-Malayan Insurance Corp. These companies were the Malayan Insurance Co., Inc.; Tokio Marine & Fire Insurance Co., Ltd.; and CNA Worldwide (formerly Continental Insurance Co.). As of August 4, 1997, Pan-Malayan assumed the new corporate name of Tokio Marine Malayan Insurance Co., Inc..

Today, Tokio Marine Malayan is primarily engaged in business with Japanese trading firms in the country, with the full support and assistance of Tokio Marine, which is the largest insurance company in Japan.

First Nationwide Assurance Corp . ( FNAC ) was founded in June 11, 1965 by a group of reputed entrepreneurs in the appliance business with an initial paid-up capital of PHP 250,000.00 or and authorized capital of PHP 2.5 million. Unfazed by the highly competitive insurance industry, FNAC entered the marketplace of giant insurance companies and became a member of the Malayan Group in 1966. The company captured individual and corporate clients from the Chinese communities of Metro Manila and its suburbs.

On December 27, 1993, FNAC has increased its subscribed and paid-up capital of PHP 50 million and by the year end of 1999 its Total Assets grew to PHP 485,546,104.00 with Net Premiums Written to PHP 203,055,248.00 and Net Premiums Retained at PHP 86,448,962.00.

Despite being the youngest insurance company in the group and a wholly owned subsidiary of MICO, FNAC has already gained the recognition of the public as a respectable and competent organization.

Formerly called the Malayan-Zurich Insurance Company, Inc., the Bankers Assurance Corporation adopted its new name in the third quarter of 2006. BAC is a cooperative partner of Zurich Financial Services. As a cooperative partner of the global insurance group, Malayan Insurance may be able to service the non-life insurance requirements of Zurich Financial Services corporate clients in the Philippines, Zurich Financial Services international accounts, may be able to gain access to the facilities and infrastructure of the Philippines' largest non-life insurance group. With this cooperative partnership, the Malayan Group may further solidify its market leadership and gain prestige from servicing multinational companies.

Zurich Financial Services Group is an insurance-based financial services provider with core business in General and Life Insurances. Founded in 1872, the group is headquartered in Zurich Switzerland and has a global network of subsidiaries and offices in more than 120 countries across North America, Europe, Asia Pacific, Latin America and other markets.