The new normal in the Philippine insurance industry

THE COVID-19 pandemic changed the world. There is nothing normal in our lives these days, except for the thing we call, “new normal.” Even in the middle of the game, businesses cancelled or shifted plans as they tread water amid unprecedented conditions. The insurance industry, although generally well prepared for worst-case scenarios, are not exempted from this.

Raising funds during the time of COVID 19

EVEN during the time of COVID 19, BPI Capital Corporation, today’s leading investment bank in the Philippines, continues to ramp up its fund-raising for corporates as well as the government. Starting January 23 and all the way up to March 27, BPI Capital helped raise a total of P400 billion in Peso Bond and Corporate Notes, and US$ 1 billion in US Dollar Bond and US Dollar Hybrid Security. In these deals, BPI Capital acted either as Joint Lead Arranger and Sole Selling Agent, Joint Lead Issue Manager, Lead Arranger and Bookrunner, Joint co-Arranger, Joint Lead Underwriter and Bookrunner, or Joint Domestic Manager.