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  • Philippine Crop Insurance Corporation Production Targets FY 2012 COB. 2012 Rate Amount A. Regular Lines Palay

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    Robert Ramirez
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    The document outlines production targets for the Philippine Crop Insurance Corporation for fiscal year 2012. It provides estimated numbers of farmers and hectares covered, amounts of insurance coverage, estimated insurance premiums and losses, and targets for various crop and livestock insurance lines. Key figures include: - Total regular crop lines to cover over 306,500 hectares for over 209,000 farmers, with estimated premiums of over PHP 687 million. - Livestock insurance to cover over PHP 682 million in amounts, with estimated premiums of over PHP 27 million. - Term insurance to cover over PHP 2 trillion in amounts, with estimated premiums of over PHP 20 million.

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    Target 2012

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    The document outlines production targets for the Philippine Crop Insurance Corporation for fiscal year 2012. It provides estimated numbers of farmers and hectares covered, amounts of insurance coverage, estimated insurance premiums and losses, and targets for various crop and livestock insurance lines. Key figures include: - Total regular crop lines to cover over 306,500 hectares for over 209,000 farmers, with estimated premiums of over PHP 687 million. - Livestock insurance to cover over PHP 682 million in amounts, with estimated premiums of over PHP 27 million. - Term insurance to cover over PHP 2 trillion in amounts, with estimated premiums of over PHP 20 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    15 views2 pages

    Philippine Crop Insurance Corporation Production Targets FY 2012 COB. 2012 Rate Amount A. Regular Lines Palay

    Uploaded by

    Robert Ramirez
    The document outlines production targets for the Philippine Crop Insurance Corporation for fiscal year 2012. It provides estimated numbers of farmers and hectares covered, amounts of insurance coverage, estimated insurance premiums and losses, and targets for various crop and livestock insurance lines. Key figures include: - Total regular crop lines to cover over 306,500 hectares for over 209,000 farmers, with estimated premiums of over PHP 687 million. - Livestock insurance to cover over PHP 682 million in amounts, with estimated premiums of over PHP 27 million. - Term insurance to cover over PHP 2 trillion in amounts, with estimated premiums of over PHP 20 million.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    PHILIPPINE CROP INSURANCE CORPORATION

    PRODUCTION TARGETS
    FY 2012

    Rate

    COB. 2012
    Amount

    A. REGULAR LINES
    PALAY
    Market Size (No. of Farmers)
    Coverage (Has.)
    Amount of Cover
    Estimated Insurance Premiums
    Farmers & LIs
    Government
    Total Insurance Prems.
    Estimated Losses-Direct Business
    Reinsurance Ceded Treaty
    CORN
    Market Size (No. of Farmers)
    Coverage (Has.)
    Amount of Cover
    Estimated Insurance Premiums
    Farmers & LIs
    Government
    Total Insurance Prems.
    Estimated Losses-Direct Business
    Reinsurance Ceded Treaty
    TOTAL REGULAR LINES
    Market Size (No. of Farmers)
    Coverage (Has.)
    Amount of Cover
    Estimated Insurance Premiums
    Farmers & LIs
    Government
    Total Insurance Prems.
    Estimated Losses-Direct Business
    Reinsurance Premium Ceded
    Returns & Cancellations
    Commission/Service Expense
    Premium Discount - (F/LI)
    Premium Discount - (GPS)

    189,887
    285,995
    5,248,579,000.00
    6.00%

    6.90%
    0.71%

    314,914,740.00
    300,000,140.35
    614,914,880.35
    362,151,951.00
    37,264,910.90
    1.30
    19,464
    20,505
    357,140,000.00

    11.00%

    5.09%
    0.00%

    39,285,400.00
    33,771,009.68
    73,056,409.68
    18,178,426.00
    -

    209,351
    306,500
    5,605,719,000.00

    0.00%
    2.00%

    354,200,140.00
    333,771,150.03
    687,971,290.03
    380,330,377.00
    37,264,910.90
    7,084,002.80
    -

    Rate
    B. LIVESTOCK INSURANCE
    Amount of Cover
    Estimated Insurance Premiums
    Estimated Losses-Direct Business
    Reinsurance Premium Ceded -Facul
    Loss Recoveries
    Commission/Service Expense
    C. NON-CROP INSURANCE LINE
    Amount of Cover
    Estimated Insurance Premiums
    Estimated Losses-Direct Business
    Reinsurance Premium Ceded-Facul
    Loss Recoveries
    Commission/Service Expense
    D. HIGH VALUE CROPS
    Amount of Cover
    Estimated Insurance Premiums
    Estimated Losses-Direct Business
    Reinsurance Premium Ceded-Facul
    Loss Recoveries
    Commission/Service Expense
    F. FISHERIES
    Amount of Cover
    Estimated Insurance Premiums
    Estimated Losses-Direct Business
    Reinsurance Premium Ceded-Facul
    Loss Recoveries
    Commission/Service Expense
    E. TERM INSURANCE
    Amount of Cover
    Estimated Insurance Premiums
    Estimated Losses-Direct Business
    Commission/Service Expense

    COB. 2012
    Amount

    4.00%
    1.00%
    0.75%
    40.00%
    7.00%

    1.10
    682,031,000.00
    27,281,240.00
    6,820,310.00
    5,115,232.50
    2,728,124.00
    1,909,686.80

    1.00%
    0.02%
    0.30%
    15.00%
    10.00%

    1,226,356,000.00
    12,263,560.00
    245,271.20
    3,679,068.00
    36,790.68
    1,226,356.00

    3.00%
    0.50%
    1.50%
    50.00%
    2.00%

    215,396,500.00
    6,461,895.00
    1,076,982.50
    3,230,947.50
    538,491.25
    129,237.90

    4.00%
    1.00%
    2.00%
    50.00%
    2.00%

    244,507,000.00
    9,780,280.00
    2,445,070.00
    4,890,140.00
    1,222,535.00
    195,605.60

    1.00%
    0.10%
    20.00%

    2,016,496,000.00
    20,164,960.00
    2,016,496.00
    4,032,992.00

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