The life insurance industry is engaged in providing financial security as well as savings and investment instruments for Filipino individuals and their families. It is an active contributor to the country’s social and national development through its significant investments in government and corporate bonds and securities; the insurance and corporate taxes that it adds to the national coffers; and the Corporate Social Responsibility programs that it undertakes.
Our industry has been endeavoring to increase the awareness of the public on the services and benefits of life insurance, as we believe that a well-informed insuring public is key to improving the insurance penetration rate in the country.
My personal favorite lap of F1 goes way back to 1957. I think it has to be Juan Manuel Fangio’s final laps of the German Grand Prix at the Nürburgring. At the start, Fangio realized the Ferrari’s were going to run enough fuel for the entire race, so Fangio decided to run stickier tires and less fuel—but that would mean a pit stop which ended up nearly costing him the race. He was in the lead by 30 seconds when he came in for fuel and tires, but the left rear mechanic lost his wheel nut (you can see it in the video) and cost Fangio over a minute in the pits.
1580 was an important year in the resolution of the disputes within the Carmelites. On 22 June, Pope Gregory XIII signed a decree, titled Pia Consideratione , which authorised a separation between the Calced and Discalced Carmelites. The Dominican friar Juan Velázquez de las Cuevas was appointed to carry out the decisions. At the first General Chapter of the Discalced Carmelites, in Alcalá de Henares on 3 March 1581, John of the Cross was elected one of the "Definitors" of the community, and wrote a set of constitutions for them.  By the time of the Provincial Chapter at Alcalá in 1581, there were 22 houses, some 300 friars and 200 nuns in the Discalced Carmelites.