BusinessWorld May 6, 2021 | 10:36 am FWD Insurance is the top 4 insurer in the country based on New Business Annualized Premium Equivalent (NBAPE), the unaudited Insurance Commission financial report indicates. It was a big leap from the previous eighth position in 2019, with the Insurer posting a 43% increase in premiums to over PhP13Bn, and 39% growth in assets to almost PhP20Bn from 2019 to 2020. “We attribute our performance to our digital advantage, innovative products, and strong distribution. They help us provide a faster, simpler and smoother experience for our customers even during the pandemic,” said Li Hao Zhuang, president and CEO of FWD Insurance.