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(NAR) VOL. 20 NO.1 / JANUARY – MARCH 2009
[ IC CIRCULAR LETTER NO. 8, S. OF 2009, February 11, 2009 ]
FILING OF 2008 ANNUAL STATEMENTS
1. The Annual Statements shall be in the reduced size of the old blue and pink annual statement blank forms for life and non-life insurance companies, respectively; on legal size bond paper (8 ½ x 14 inches), using either the Times New Roman font size #12 or Arial font size #10. Attached to each Annual Statement shall be the documents enumerated in Annex A[*] hereof;
2. The exact formats, columnar headings and footnote instructions found in every page of the old blank form shall be observed;
3. A soft copy of the Annual Statement and attachments shall also be submitted;
4. Any Annual Statement submitted with incomplete documents shall not be considered full compliance with the requirement; and
5. The filing fee shall be Twenty Thousand Pesos (P20,000.00).
Please file your 2008 Annual Statements on or before April 30, 2009 to avoid penalty.
Adopted: 11 Feb. 2009
(SGD.) EDUARDO T. MALINIS
Insurance Commissioner
[*] Text Available at Office of the National Administrative Register, U. P. Law Complex, Diliman, Quezon City