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Lighthouse Overseas Insurance Company, Limited (LOIL)
LOIL is Meralco’s captive reinsurer, a wholly-owned subsidiary domiciled in the British overseas territory of Bermuda. It was incorporated on August 24, 2007 and obtained its license to operate in the territory in March 2008. This offshore company serves as the vehicle to reinsure the Meralco’s major catastrophic risk exposure.
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