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    Premiums Earned of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    The document shows the premiums earned by 58 non-life insurance companies in the Philippines for the year 2020, totaling 51.5 billion pesos. Prudential Guarantee & Assurance, Inc. earned the highest amount at 4.3 billion pesos, while Malayan Insurance Company earned the second highest at 4.2 billion pesos. In third was Pacific Cross Insurance, Inc. with 3.2 billion pesos in premiums earned.

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    Premiums Earned of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    63 views2 pages
    The document shows the premiums earned by 58 non-life insurance companies in the Philippines for the year 2020, totaling 51.5 billion pesos. Prudential Guarantee & Assurance, Inc. earned the highest amount at 4.3 billion pesos, while Malayan Insurance Company earned the second highest at 4.2 billion pesos. In third was Pacific Cross Insurance, Inc. with 3.2 billion pesos in premiums earned.

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    NonLife-Rankings-2020-based-on-Q4-PE

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    The document shows the premiums earned by 58 non-life insurance companies in the Philippines for the year 2020, totaling 51.5 billion pesos. Prudential Guarantee & Assurance, Inc. earned the highest amount at 4.3 billion pesos, while Malayan Insurance Company earned the second highest at 4.2 billion pesos. In third was Pacific Cross Insurance, Inc. with 3.2 billion pesos in premiums earned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    63 views2 pages

    Premiums Earned of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    The document shows the premiums earned by 58 non-life insurance companies in the Philippines for the year 2020, totaling 51.5 billion pesos. Prudential Guarantee & Assurance, Inc. earned the highest amount at 4.3 billion pesos, while Malayan Insurance Company earned the second highest at 4.2 billion pesos. In third was Pacific Cross Insurance, Inc. with 3.2 billion pesos in premiums earned.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Premiums Earned of Non-Life Insurance Companies

    Year 2020
    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Premiums Earned

    1 . Prudential Guarantee & Assurance, Inc. ₱ 4,316,560,820


    2 . Malayan Insurance Company, Inc. 4,282,829,382
    3 . Pacific Cross Insurance, Inc. (Blue Cross Insurance, Inc.) 3,249,404,653
    4 . Charter Ping An Insurance Corp. 3,228,757,483
    5 . Pioneer Insurance & Surety Corp. 3,157,651,341
    6 . BPI/MS Insurance Corp. 2,905,211,814
    7 . FPG Insurance Co., Inc. 2,136,031,377
    8 . Commonwealth Insurance Company 1,985,594,708
    9 . Mercantile Insurance Company, Inc. 1,867,808,666
    10 . Standard Insurance Company, Inc. 1,652,596,669
    11 . UCPB General Insurance Company, Inc. 1,606,136,738
    12 . MAA General Assurance Phils., Inc. 1,287,045,573
    13 . Philippine British Assurance Company, Inc. 1,179,140,656
    14 . Stronghold Insurance Company, Inc. 1,145,464,254
    15 . Paramount Life & General Insurance Corp. * 1,141,179,161
    16 . Insurance Company of North America 893,761,444
    17 . Mapfre Insular Insurance Corp. 819,212,676
    18 . Alpha Insurance & Surety Company, Inc. 804,353,826
    19 . Western Guaranty Corporation 760,546,961
    20 . Pacific Union Insurance Company 751,983,174
    21 . Card Pioneer Microinsurance, Inc. 667,476,672
    22 . Oriental Assurance Corp. 601,417,669
    23 . Fortune General Insurance Corp. 556,967,787
    24 . PNB General Insurers Company, Inc. 506,293,378
    25 . Milestone Guaranty & Assurance Corp. 482,784,879
    26 . Asia Insurance (Philippines) Corp. 460,720,970
    27 . Corporate Guarantee & Insurance Company, Inc. 448,620,132
    28 . Alliedbankers Insurance Corp. 430,751,220
    29 . Visayan Surety & Insurance Corp. 416,735,169
    30 . Liberty Insurance Corp. 385,941,212
    31 . Asia United Insurance, Inc. 327,293,767
    32 Cibeles Insurance Corp. 326,268,125
    33 . CLIMBS Life & General Insurance Cooperative * 324,366,508
    34 . M Pioneer Insurance Inc. 296,811,443
    35 . Sterling Insurance Company, Inc. 289,857,330
    36 . Philippines First Insurance Company, Inc. 275,143,598
    37 . AIG Philippines Insurance Inc. 266,521,829
    38 . Empire Insurance Company 252,272,403
    39 . New India Assurance Company, Ltd., The 198,515,999
    40 . Starr International Insurance Philippines Branch 195,027,680
    41 . Perla Compañia de Seguros, Inc. 190,461,933
    42 Bethel General Insurance & Surety Corp. (BF Gen Ins. & Sty.) 177,839,051
    43 . Travellers Insurance & Surety Corp. 156,433,244
    Premiums Earned of Non-Life Insurance Companies
    Year 2020
    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Premiums Earned

    44 . Reliance Surety & Insurance Company, Inc. 123,267,004


    45 . Country Bankers Insurance Corp. 120,939,254
    46 . Pioneer Intercontinental Insurance Corp. 112,226,338
    47 . 1CISP Life and General Insurance* 88,004,018
    48 . Intra-Strata Assurance Corp. 77,806,517
    49 . Premier Insurance & Surety Corporation 66,637,418
    50 . PGA Sompo Insurance Corp. 62,064,434
    51 . Etiqa Life and General Assurance Phils., Inc. (AsianLife & Gen.) * 49,289,913
    52 . Metropolitan Insurance Company, Inc. 25,973,251
    53 . SGI Philippines General Insurance Company, Inc. 23,577,744
    54 . Petrogen Insurance Corporation 11,874,386
    55 . Philippine American Life and General Insurance Co., Inc.* -
    56 . AA Guaranty Assurance Corp. Inc. (Northwest Ins. & Surety) report not submitted
    57 . People's General Insurance Corp. report not submitted
    58 . QBE Seaboard Insurance Philippines, Inc. report not submitted

    SUB-TOTAL ₱ 48,167,453,651

    Professional Reinsurer

    1 . National Reinsurance Corp. of the Philippines ₱ 3,352,863,159

    SUB-TOTAL ₱ 3,352,863,159

    Servicing Insurance Companies

    1 . AFP General Insurance Corp. 33,147,511


    2 . Meridian Assurance Corp. 2,068
    3 . Centennial Guarantee Assurance Corp. -
    4 . FLT Prime Insurance Corp. -
    5 . Solid Guaranty, Inc. -
    6 . United Insurance Company, Inc. report not submitted

    SUB-TOTAL ₱ 33,149,579

    GRAND TOTAL ₱ 51,553,466,389

    * Composite companies: non-life unit.

    Date prepared: March 03, 2021

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