Leading Insurance Company in the Philippines

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Leading Insurance Company in the Philippines


The leading life insurance company in the Philippines is Philippine
American Life and General Insurance Corporation.


Based on the data submitted by all the insurance companies to the
Philippine Insurance Commission which regulates the insurance business
in the Philippines, Philippine American Life and General Insurance
company is number one in terms of Assets and Net income.


Leading Insurance Companies according to Networth
1. Insular Life Assurance Company - P28,417,304,365
2. Philippine American Life and General lnsurance Company - P26,460,245,764
3. Sun Life of Canada (Philippines) lnc. - P12,891,814,643
4. Manufacturers Life lnsurance Company (Phils.) lnc. - P7,816,754,264
5. United Coconut Planters Life Assurance Corporation - P7,590,974,408


Leading Insurance Companies according to  Paid-Up Capital
1. Generali Pilipinas Life Assce Co.. lnc. - P1,515,050,500
2. Philippine American Life and General lnsurance Company - P1,390,167,750
3. Philippine AXA Life lnsurance Corporation - P1,000,000,000
4. Manufacturers Life Insurance Company (Phils.) Inc. - P930,000,000
5. BPI-Philam Life Assurance Corporation P749,993,979


Leading Insurance Companies according to Premium Income
1. Sun Life of Canada (Philippines) lnc. - P29,698,715,623
2. Philppine American Life and General lnsurance Company - P19,966,987,573
3. Philippines AXA Life lnsurance Corporation - P18,268,155,988
4. Pru Life lnsurance Corporation of U.K. - P18,001,254,720
5. Manufacturers Life lnsurance Company (Phils.) Inc. - P15,004,335,932


Leading Insurance Companies according to Net Income
1. Philippine American Life and General Insurance Company - P5,252,168,704
2. Manufacturers Life lnsurance Company (Phils.) Inc. - P1,573,483,670
3. Sun Life of Canada (Philippines) lnc. - P1,554,176,968
4. lnsular Life Assurance Company - P1,503,217,342
5. Philippine AXA Life lnsurance Corporation - P1,184,015,483


Leading Insurance Companies according to Assets
1. Philippine American Life and General lnsurance Company - P160,061,192,847
2. Sun Life of Canada (Philippines) lnc. - P134,341,608,600
3. Insular Life Assurance Company - P99,062,801,145
4. Pru Life lnsurance Corporation of U.K. - P57,734,762,974
5. Philippine AXA Life lnsurance Corporation - P53,497,711,510


Note: The post above is based on the latest data available from the
insurance commission of the Philippines and posted on its website.
The data above is dated 2013 as the 2014 data is not yet published
by the insurance commission on its website.

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