6/7/2020 E-Library - Information At Your Fingertips: Printer Friendly [73] See Malayan Insurance Co., Inc. v. Philippines First Insurance Co., Inc., G R No 184300 July 11, 2012, 676 SCRA 268, 286. [74] See Carale, THE PHILIPPINE INSURANCE LAW CODE, COMMENTS AND CASES, 2014, p. 103. [75] Sec. 2 (l) of The Insurance Code provides: "A contract of insurance is an agreement whereby one undertakes for a consideration to indemnify another against loss, damage, or liability arising from an unknown or contingent event. x x x" [76] Aboitiz Shipping Corporation v. General Accident Fire and Life Assurance Corporation, Ltd., G.R. No. 100446, January 21, 1993, 217 SCRA 359, 371. Source: Supreme Court E-Library This page was dynamically generated by the E-Library Content Management System (E-LibCMS) elibrary.judiciary.gov.ph/thebookshelf/showdocsfriendly/1/62118 18/18