Philam Life sets sights on gov’t infra spree

In response to the government’s “Build, Build, Build” push, the Philippine American Life and General Insurance Co. (Philam Life) is looking into possible investments in infrastructure.

But Philam Life chief executive Ariel G. Cantos told reporters Monday the company was still awaiting for the “right signal and direction” from the government on how to move forward with such investments.

“We’re looking for opportunities in infrastructure. We have been collaborating with the Insurance Commission to find a way by which we can participate,” Cantos said.

Discussions with possible project proponents, including banks, were also ongoing, albeit in early stages, Cantos added. —BEN O. DE VERA