As part of the overall requirements for renewal of Certificates of Authority, the 2009 Audited Financial Statements together with the items enumerated in Annex A^* hereof must be submitted not later than May 31, 2010.

Please submit the requirements promptly to avoid penalty.

For strict compliance.

(SGD.) SANTIAGO JAVIER RANADA
  Insurance Commissioner

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^* Text Available at office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City