11.13.2016

Ranking of 67 Non-Life Insurance Companies, Based on Premiums Earned in 2015

By Nora
Here's the Ranking of 67 Non-Life Insurance Companies in the Philippines, based on Premiums Earned in 2015, from data submitted by the companies to the Insurance Commission.

Nine non-life insurance companies have surpassed the one-billion-peso mark.

RANK   INSURANCE COMPANY PREMIUMS EARNED
2015 NON-LIFE 2015
 
1 Prudential Guarantee & Assurance Corp.3,348,906,826
2 Malayan Insurance Co., Inc. 3,054,120,781
3 BPI/MS Insurance Corp. 2,288,623,289
4 Charter Ping An Insurance Corp. 2,070,477,289
5 Pioneer Insurance & Surety Corp. 1,729,124,977
6 FPG Insurance Co. Inc. 1,648,196,914
7 UCPB General Insurance Co. 1,403,511,187
8 MAPFRE Insular Insurance Corp. 1,362,975,225
9 Standard Insurance Co., Inc. 1,213,487,384
 
10 Pacific Cross Insurance Inc.   925,579,725
11 MAA General Assurance Philipppines, Inc.   873,607,368
12 Commonwealth Insurance Co.   826,903,417
13 Philippine British Assurance Co., Inc.   773,348,891
14 QBE Seaboard Insurance Phils., Inc.   629,693,639
15 Alpha Insurance & Surety Co.   590,223,278
16 PNB General Insurers Co., Inc.   574,060,341
17 Paramount Life & General Insurance Corp. 
(non-life unit)   493,878,247
18 AIG Philippines Insurance Inc.   451,505,526
19 Fortune General Insurance Corp.   433,714,548
20 Insurance Company of North America   433,485,304
21 Mercantile Insurance Co., Inc.   419,382,040
22 Corporate Guarantee & Insurance Co.   417,668,598
23 Western Guaranty Corp.   377,934,483
24 Pacific Union Insurance Co.   377,591,249
25 Plaridel Surety & Insurance Co.   324,933,222
26 Premier Insurance & Surety Corp.   322,652,504
27 Asia Insurance Phils. Corp.   308,819,125
28 People’s General Insurance Corp.   300,443,886
29 Travellers Insurance & Surety Corp.   298,128,975
30 Perla Compania de Seguros Inc.   257,703,647
31 New India Assurance Co. Ltd.   251,506,028
32 FLT Prime Insurance Corp.   223,065,771
33 Visayan Surety & Insurance Corp.   210,159,898
34 Cibeles Insurance Corp.   191,149,358
35 Asia United Insurance Inc.   190,821,987
36 CLIMBS Life & General Insurance
(non-life unit)   168,083,966
37 Republic Surety & Insurance Co., Inc.   149,836,505
38 Country Bankers Insurance Corp.   147,265,200
39 Liberty Insurance Corp.   147,017,033
40 Milestone Guaranty & Assurance Corp.   144,407,376
41 CARD Pioneer Microinsurance Inc.   143,650,413
42 Philippines First Insurance Co., Inc   138,531,520
43 Empire Insurance Co.   133,334,744
44 First Nationwide Assurance Corp.   124,367,974
45 Alliedbankers Insurance Corp.   118,284,332
46 Philippine Fire & Marine Insurance Corp.   113,380,323
47 Centennial Guarantee Assurance Corp.    43,593,801
48 AFP General Insurance Corp.    92,352,976
49 Solid Guaranty Inc.    91,290,905
50 Intra Strata Assurance Corp.    88,358,816
51 Bankers Assurance Corp.    77,239,503
52 Reliance Surety & Insurance Co., Inc.    73,258,172
53 Meridian Assurance Corp.    69,720,780
54 SGI Philippines General Insurance Co., Inc.    61,517,257
55 Northwest Insurance & Surety Co., Inc.    60,936,191
56 Metropolitan Insurance Co., Inc.    59,981,480
57 Investors Assurance Corp.    54,357,317
58 Pioneer Intercontinental Insurance Corp.    43,593,801
59 Starr International Insurance Philippines Branch    41,169,312
60 Petrogen Insurance Corp.    30,241,293
61 PGA Sompo Japan Insurance Inc.    23,534,102
62 Manila Surety & Fidelity Co., Inc.    17,674,584
63 First Integrated Bonding & Insurance Co.    15,406,758
64 United Insurance Co.    13,328,862
65 Oriental Assurance Corp. not yet submitted
66 Sterling Insurance Co., Inc. not yet submitted
67 Stronghold Insurance Co., Inc. not yet submitted

Notes:
Pacific Cross Insurance Inc., provider of medical and travel insurance, is now the name of Blue Cross Insurance.

Source: Annual Statements Submitted by Companies to the Insurance Commission

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