Net Worth of Life Insurance Companies

as December 31, 2023

Based on Submitted Unaudited Enhanced Quarterly Reports on Selected Financial Statistics (EQRSFS)

Name of Company Net Worth

1 . AIA Philippines Life and General Ins. Co. Inc.* ₱ 59,448,396,954

2 . Sun Life of Canada (Philippines), Inc. 49,484,734,769
3 . Insular Life Assurance Company, Limited, The 46,343,400,123
4 . BDO Life Assurance Company, Inc. 20,195,928,686
5 . Manufacturers Life Insurance Company (Phils.), Inc., The 15,431,906,716
6 . Philippine Axa Life Insurance Corporation 11,228,412,663
7 . BPI-AIA Life Assurance Corporation 9,311,087,979
8 . Sun Life GREPA Financial, Inc. 6,957,963,449
9 . FWD Life Insurance Corporation 6,009,444,650
10 . United Coconut Planters Life Assurance Corporation 5,255,593,279
11 . Pru Life Insurance Corporation of U.K. 4,332,013,192
12 . Manulife Chinabank Life Assurance Corporation 3,397,024,783
13 . Pioneer Life Inc. 3,289,111,775
14 . Allianz PNB Life Insurance, Inc. 2,956,767,725
15 . Paramount Life and General Insurance Corporation* 2,374,971,980
16 . East West Ageas Life Insurance Corporation 1,832,809,747
17 . Maxicare Life Insurance Corporation 1,817,312,640
18 . Etiqa Life & General Assurance Philippines, Inc.* 1,776,606,819
19 . The Travellers Life Assurance of the Phils., Inc. 1,708,955,013
20 . Fortune Life Insurance Company, Inc. 1,701,188,571
21 . First Life Financial Company, Inc. 1,688,086,409
22 . United Life Assurance Corporation 1,655,704,647
23 . Beneficial Life Insurance Company, Inc. 1,607,385,559
24 . Philippine Life Financial Assurance Corporation 1,557,449,147
25 . CLIMBS Life & General Insurance Cooperative * 1,554,160,971
26 . 1 CISP Life and General Insurance* 1,554,087,983
27 . Generali Life Assurance Philippines, Inc. 1,509,847,612
28 . Philippines International Life Insurance Company, Inc. 1,485,002,176
29 . SeaInsure Life Insurance Co., Inc. 1,435,611,358
30 . Country Bankers Life Insurance Corporation 1,419,932,238
31 . Singlife Philippines, Inc. 852,485,661
32 . Manila Bankers Life and General Insurance Corporation* 805,788,668
33 . The Premier Life and General Assurance Corporation* -

------------------------------
TOTAL ₱ 271,979,173,943
=================

* Composite companies - life unit

Date Prepared: 21 February 2024