Bank of China Manila and Prudential Guarantee and Assurance, Inc., the largest nonlife insurance firm in the Philippines, recently signed a memorandum of understanding to explore opportunities for cooperation and collaboration of their businesses. “Our mission is to be the bridge between markets, and this collaboration allows both Prudential Guarantee and Bank of China to expand our reach and better serve our clients,” Bank of China Manila Country Head Deng Jun said. Prudential Guarantee Chairman Robert G. Coyiuto, Jr. said the company is “proud to partner with Bank of China as we look forward to exploring the possible synergies between our two great companies.”