8 DAYS THAT'S HOW FAST CIBELES SETTLED ITS LATEST FIRE CLAIM

CIBELES INSURANCE CORPORATION, one of the strongest non-life insurance companies in the Philippines today, continues its tradition of insurance claims excellence with the prompt and expeditious settlement of a fire claim of one of its valued clients.

Long-time client GGC Electronics Sales and Services, one of the country's leading distributors of LG, Samsung, Hyundai and other renowned Korean home appliances, unfortunately suffered a fire loss in their concession in Landers Fairview which burned down last January 28, 2026.

Immediately after GGC Electronics submitted all required claims documents, Cibeles tendered its settlement offer amounting to P4,521,298.76 on August 14, 2026, which GGC Electronics accepted on August 20, 2026.

Cibeles immediately tendered its claim settlement check on August 28, 2026, only 8 days after GGC Electronics accepted Cibeles' settlement offer.

Photo shows: Cibeles Insurance Corporation President and CEO Ruffy Kopio (right) tendering the settlement check to GGC Electronics owner Richard Anthony Ngui (left) on August 28, 2026.

Cibeles' fast settlement of this claim in only 8 days after client acceptance of its settlement offer underscores Cibeles' continuing commitment to fast and prompt claims service, cementing Cibeles Insurance as a market leader in superior insurance protection.