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June 04, 2023

Malayan Insurance retains top spot in Philippines’ non-life insurance sector

Malayan Insurance Co. Inc. maintains its position as the top non-life insurer in the Philippines, leading the industry in terms of gross premiums written (GPW) for 53 consecutive years, according to the Insurance Commission.

With a GPW of P15.9 billion last year, Malayan Insurance attributes its success to the strengthening of retail business, improved customer services, and partnerships to offer relevant products and services.

The insurer focuses on non-traditional products like pet care and travel insurance with COVID-19 coverage, while investing in digital touch points to enhance accessibility for customers.

As part of the Yuchengco Group of Companies, Malayan Insurance has earned recognition and accolades for its performance and innovative offerings in the insurance market.

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