WebClick Tracer

March 01, 2024

Life insurance premiums hit P229.9 billion in 3 quarters

The Philippine life insurance sector posted P229.9 billion in total premiums as of the third quater of 2023, driven by a renewed focus on traditional life insurance sales and contributing to long-term capital for economic development.

Allianz PNB Life ranks 3rd among life insurance firms

Allianz PNB Life bagged the third spot in the country terms of Gross Written Premium (GWP) and New Business Annualized Premium Equivalent (NBAPE) in the Philippine Insurance Commission’s (IC) latest performance report for the first and second quarters of 2022.