Allianz PNB Life Insurance Inc. (Allianz PNB) reports remarkable growth in 2022, posting P34 billion in gross written premium (GWP) income.
The insurer also achieved a 12 percent year-on-year growth, positioning itself as one of the top performers in the local insurance industry.
The company also outpaced the industry’s total GWP performance, which declined by 0.5 percent year-on-year.
Allianz PNB also achieved a 22 percent growth in new business annual premium equivalent, surpassing the industry’s 4 percent growth during the same period.