PHILIPPINES PRESS-PNB insurance unit sees losses from disasters - Inquirer

Sun Jan 12, 2014 7:45pm EST

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Philippine National Bank's non-life insurance unit expects to post losses of between 700 million pesos to 800 million pesos ($15.7 million to $17.9 million) from property damage claims following the string of natural disasters that hit the country last year, Philippine Daily Inquirer newspaper reports. (link.reuters.com/bax85v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Eric Meijer)

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