A five-year strategic financial plan for Pru Life Insurance Corporation of the U.K. / Bejasa, Rose Ann D., Cameña, Anne Drioella N., De Jose, Ma. Kassandra C., Galle, Julius L., Mallillin, Kyle Eagi I., Mananghaya, Christian Louis, Somontina, Jhane Michelle M., Suñiga, Chrisitan U. 6
By: Bejasa, Rose Ann D., Cameña, Anne Drioella N., De Jose, Ma. Kassandra C., Galle, Julius L., Mallillin, Kyle Eagi I., Mananghaya, Christian Louis, Somontina, Jhane Michelle M., Suñiga, Chrisitan U. 4 0 16 [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; December 2023.46Edition: Description: 28 cm. 168 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:| Item type | Current location | Home library | Collection | Call number | Status | Date due | Barcode | Item holds |
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| Book | PLM | PLM Filipiniana Section | Filipiniana-Thesis | HG8075 B45 2023 (Browse shelf) | Available | FT8065 |
Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2023. 56
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Executive Summary This report analyzes the financial operations and performance of the Pru Life Insurance Corporation for five years. Pru Life Insurance Corporation of U.K, established in 1996 as a corporation, operates in the services sector with a primary focus on insurance. With over 40,000 employees and an original capitalization of Php 300 million, the entity has exhibited consistent growth and innovation in the insurance industry. Achievements include being the first to introduce investment-linked life insurance products to the Philippines in 1996, ranking first in Total Renewal Premium Income in 2022, and being recognized as the International Life Insurer of the Year for the Philippines in 2020 and 2021. Despite facing challenges such as economic downturns and global conflicts, Pru Life UK has emerged stronger, maintaining leadership through innovation, customer service, and employee development. The COVID-19 pandemic prompted the company to adapt, showcasing its ability to operate efficiently during crises. The entity faces a liquidity problem, identified by insufficient current assets, slow receivable turnover, and consistently increasing accounts payable. Three courses of action have been proposed to address these issues: Improve Cash Management through the Reduction of Expenses, Charging Fees for Late Payments & Pursue Discounts for Early Payment. An evaluation of the alternatives based on criteria such as Increased Receivables Turnover, Increased Cash Position, Increased Payables Turnover, and Efficiency Cost suggest that improving cash management through expense reduction (ACA I) scores the highest. Overall, these strategic actions aim to strengthen Pru Life UK's financial position, navigate through challenges, and ensure long-term sustainability.
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