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  • Life Rankings 2020 Based On Q4 NW 1

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    Ron Catalan
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    The document lists the net worth of 31 life insurance companies in the Philippines as of December 31, 2020 according to quarterly reports submitted to the Insurance Commission. Philippine American Life and General Insurance Co. had the highest net worth at ₱78.4 billion, followed by Sun Life of Canada (Phils.), Inc. at ₱31.3 billion and Insular Life Assurance Company, Limited, The at ₱28.2 billion. In total, the 31 life insurance companies reported a combined net worth of ₱214.1 billion.

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    The document lists the net worth of 31 life insurance companies in the Philippines as of December 31, 2020 according to quarterly reports submitted to the Insurance Commission. Philippine American Life and General Insurance Co. had the highest net worth at ₱78.4 billion, followed by Sun Life of Canada (Phils.), Inc. at ₱31.3 billion and Insular Life Assurance Company, Limited, The at ₱28.2 billion. In total, the 31 life insurance companies reported a combined net worth of ₱214.1 billion.

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    7 views1 page

    Life Rankings 2020 Based On Q4 NW 1

    Uploaded by

    Ron Catalan
    The document lists the net worth of 31 life insurance companies in the Philippines as of December 31, 2020 according to quarterly reports submitted to the Insurance Commission. Philippine American Life and General Insurance Co. had the highest net worth at ₱78.4 billion, followed by Sun Life of Canada (Phils.), Inc. at ₱31.3 billion and Insular Life Assurance Company, Limited, The at ₱28.2 billion. In total, the 31 life insurance companies reported a combined net worth of ₱214.1 billion.

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    © All Rights Reserved
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    of 1

    Net Worth of Life Insurance Companies

    as December 31, 2020


    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Networth

    1 . Philippine American Life and General Ins. Co.* ₱ 78,437,432,778


    2 . Sun Life of Canada (Philippines), Inc. 31,342,290,335
    3 . Insular Life Assurance Company, Limited, The 28,218,651,477
    4 . Manufacturers Life Insurance Company (Phils.), Inc., The 12,860,959,603
    5 . BPI-Philam Life Assurance Corporation 8,817,496,193
    6 . Philippine Axa Life Insurance Corporation 8,044,250,809
    7 . PRU Life Insurance Corporation of U.K. 6,106,195,028
    8 . BDO Life Assurance Company, Inc. 5,275,716,399
    9 . Sun Life GREPA Financial, Inc. 4,220,141,927
    10 . United Coconut Planters Life Assurance Corporation 3,032,631,184
    11 . Pioneer Life, Inc. 2,429,230,362
    12 . FWD Life Insurance Corporation 2,042,086,314
    13 . Manulife Chinabank Life Assurance Corporation 2,041,986,393
    14 . Etiqa Life & General Assurance Philippines, Inc.* 1,680,398,852
    15 . 1 Cooperative Insurance System of the Phils Life and Gen Ins.* 1,582,552,309
    16 . First Life Financial Company, Inc. 1,534,845,554
    17 . Beneficial Life Insurance Company, Inc. 1,400,320,000
    18 . CLIMBS Life & General Insurance Cooperative * 1,342,723,344
    19 . East West Aegas Life Insurance Corporation 1,239,101,903
    20 . Caritas Life Insurance Corporation 1,202,936,278
    21 . Singlife Philippines, Inc. 1,155,448,850
    22 . Fortune Life Insurance Company, Inc. 1,154,023,369
    23 . United Life Assurance Corporation 1,127,257,589
    24 . Philippines International Life Insurance Company, Inc. 1,091,021,243
    25 . Philam Equitable Life Assurance Company, Inc. 1,087,095,517
    26 . Allianz PNB Life Insurance, Inc. 1,052,090,872
    27 . Generali Life Assurance Philippines, Inc. 1,039,669,768
    28 . Manila Bankers Life Insurance Corporation 954,605,901
    29 . Philippine Life Financial Assurance Corporation 921,187,028
    30 . Country Bankers Life Insurance Corporation 906,736,290
    31 . Paramount Life and General Insurance Corporation* 759,781,207

    ₱ 214,100,864,675
    TOTAL

    * Composite companies - life unit

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