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June 24, 2024

Insular Life’s New Client Income Doubles in Q1

Insular Life (InLife) has reported a significant increase in revenue from new clients during the first quarter of the year, with a focus on meeting policyholders’ needs and ensuring satisfaction.

According to Raoul Antonio E. Littaua, the president and CEO of InLife, the new business annualized premium equivalent (NBAPE) reached P818 million in January to March, marking a 113 percent rise from the previous year and surpassing the industry’s growth rate of 18.16 percent.

InLife also maintained its position among the top five life insurance companies in the country in terms of net worth, assets, and net income.

This reinforces its financial stability and commitment to serving its policyholders.

Meta: Insular Life (InLife) achieves a remarkable 113% increase in new business annualized premium equivalent (NBAPE) during the first quarter of the year, highlighting its commitment to meeting policyholders’ needs and securing a strong financial position.

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