AN ACT AMENDING SECTION ONE HUNDRED AND SEVENTY-EIGHT OF ACT NUMBERED TWO THOUSAND FOUR HUNDRED AND TWENTY-SEVEN OR "THE INSURANCE ACT", AS AMENDED, AND INSERTING THEREAFTER A NEW SECTION TO BE KNOWN AS SECTION ONE HUNDRED AND SEVENTY-EIGHT-A REQUIRING FOREIGN INSURANCE COMPANIES TO INCREASE THEIR SECURITY DEPOSITS AND TO INVEST IN THE PHILIPPINES A FRACTION OF THE LEGAL RESERVES ON THE POLICIES WRITTEN THEREIN.