Wednesday, December 15, 2021

53. The number 1 life insurance company?

The Insurance Commission ranks Philippine Life Insurance Companies using the following 5 metrics (as posted in the IC website), Net Assets, NBAPE, Net Worth, Paid-up Capital and Total Premiums

if we use these as the sole basis for identifying the number 1 Life Insurance company in the Philippines

the number 1 is !!!! drumroll !!!!


In terms of assets: Includes real estate, buildings, etc
Philamlife (now AIA Life) is number 1





In terms of NBAPE: This is just first year premiums
Pru Life of UK is number 1




In terms of net worth 
Philamlife again in number 1




In terms of paid-up capital, 
new player East West Aegas is number 1





In terms of total premiums, renewals included
Sunlife is number 1




number 1 in two out of the five metrics! 
THE NUMBER 1 IS !!!!



https://www.insurance.gov.ph/statistics/life/

Disclaimer: This is not a paid advertisement ha ha ha

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