Sun Life of Canada again dominated the life insurance sector in the Philippines last year, while the non-life segment was led by local powerhouse Prudential Guarantee and Assurance Inc., the Insurance Commission said.
Insurance sector posts growth in premiums, assets, and net worth in 2022 bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Published April 24, 2021, 6:30 AM
Sun Life of Canada (Philippines), Inc. retained the number one spot as the country’s top life insurance company, marking its 10th straight year of industry leadership.
Based on the latest report from the Insurance Commission, Sun Life Philippines posted a premium income of P39.27 billion, outperforming its closest contender by P8 billion in total premiums.
Photo credit: https://www.sunlife.com.ph/en/
“We dedicate this milestone to our clients whose trust and support motivated us to keep excelling and innovating,” Alex Narciso, Sun Life Philippines president said in a statement.
“We also share this with our advisors and employees who remained faithful to our mission despite all the challenges we faced last year,” Narciso added.
Sun Life, Prudential top life and non-life insurers in 2020 bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.