Bdo Life Insurance

Bdo Life Insurance – The Insurance Commission, the government body that regulates insurance companies, has released the 2017 statistics for life insurance companies. Solar Life of Canada (Philippines) Inc. Maintains market leadership with high premium revenue collected in 2017. Premium income includes all premiums paid to the company by policyholders. The company collected 32.1 billion pesos in premium income, led by about 6 billion pesos and 26.1 billion pesos from Philippine Axa Life. While Sun Life retained the top spot, it only saw an increase of Rs 778 million in premium income. On the other hand, AXA Life Philippines showed significant growth in premium income from P21.5 billion in 2016 to P26.1 billion in 2017. BPI-Philam, Philam Life and Pru Life UK retained their 2016 rankings. Sun Life is the number one life insurance company in the Philippines for the past seven years.

The Insurance Commission has ranked life insurance companies in the Philippines based on net income. Net income is the company’s net income or profit. Surprisingly, Sun Life of Canada (Philippines) Inc. It rose from 7th place in 2016 to 1st place in 2017. The company earned 6.9 billion pesos in 2017 from net income of 1.387 billion in 2017. Film Life 2, Insular Life 3, Manulife 4 and Philippine Axa Life 5.

Bdo Life Insurance

Other figures published by the Insurance Commission are assets and net worth. Philam Life has excelled in assets and value rankings.

Bdo Life Mobile

As long as a life insurance company fulfills its promises to policyholders, its place in these figures does not matter. However, knowing how our life insurance companies help us financially while making the decision.

Raymond F. Camat, CIS, REB, CWP®, CEPP® is an SEC-Certified Investment Lawyer (CIS), Certified Wealth Planner and Certified Estate Planner, Phils. He is a licensed life insurance and mutual fund advisor for the #1 life insurance company in the Philippines. He wants to educate Filipinos on the importance of financial planning, investment planning, wealth planning and estate planning. He offers generational personal and family wealth planning to Filipinos. He holds a bachelor’s degree from the University of the Philippines. You can contact him at +639179698062 or email raymund.camat@ He also conducts online video consultations for OFWs via Skype, Viber, Zoom or FB video calls. BDO Life Assurance, Inc., a division of BDO Unibank, the country’s largest bank, offers a variety of life insurance products. to the needs of its customers. BDO Life provides protection, education, care, retirement and estate planning solutions aimed at creating a secure future for its clients and their families. BDO Life extends life insurance to a wide range of business customers.

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