Major life insurance companies Philippines 2023, by assets

Published by
Christy Balita,
Mar 20, 2024
As of December 31, 2023, Sun Life of Canada was the leading life insurance company in the Philippines in terms of total assets. As of this date, the insurance company has total assets of 306 billion Philippine pesos. This was followed by AIA Philippines Life and General Insurance Co. Inc. with assets amounting to 255 billion Philippine pesos.

Leading life insurance companies in the Philippines in 2023, by assets (in billion Philippine pesos)

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Release date

February 2024

Region

Philippines

Survey time period

as of Decermber 31, 2023

Supplementary notes

Figures were based on submitted unaudited quarterly reports on selected financial statistics.
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of March 2024.
Figures have been rounded.
Only the ten leading companies were included in the list.

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Overview

4

Key indicators

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Life insurance

4

Pre-need insurance

4

Health insurance

6

General insurance

8

Leading companies

6

Consumer perspective

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Topics

Insurance industry in the PhilippinesDemographics of the PhilippinesNatural disasters in the PhilippinesHealthcare in the Philippines Pharmaceutical market in the Philippines
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