Top 12 Life Insurance Companies, by Net Worth, Dec 2013

Here are the top life insurance companies in the Philippines, based on Net Worth as of December 31, 2013, as published on the website of the Insurance Commission.

Each of these 12 companies posted a net worth of more than one billion pesos as of December 31, 2013.

The 19 other companies had less than one billion pesos in net worth as of December 2013.

		Net Worth
Rank	Life Insurance Company	in BILLION
		PESOS
1	Insular Life	28.417
2	Philam Life	26.460
3	Sun Life Phils	12.892
4	Manulife Phils	7.817
5	United Coconut Planters	7.591
6	BPI Philam Life	3.527
7	SunLife Grepa Financial	2.873
8	Philippine AXA Life	2.603
9	Pru Life Insurance	2.445
10	Beneficial Life	1.538
11	Generali Pilipinas Life	1.405
12	Manulife Chinabank Life	1.153

The NOT-YET-BILLIONAIRE Life Insurance Companies

Rank	Life Insurance Company	in MILLION
		PESOS
13	Pioneer Life	967.380
14	Caritas Life	922.327
15	PNB Life	781.653
16	AsianLife	775.674
17	Philam Equitable Life	663.371
18	Fortune Life	635.031
19	Great Life Financial	588.848
20	CLIMBS Life	582.312
21	United Life	509.701
22	Philippine Life Financial	410.286
23	Country Bankers Life	388.845
24	Paramount Life	365.313
25	Philippine Prudential Life	304.817
26	First Life Financial	288.176
27	Manila Bankers Life	257.551
28	Banclife Insurance	217.182
29	CAP Life Insurance	199.674
30	Cooperative Insurance System	199.674
31	BF Life Insurance	169.306

Note: Philippine Interlife has not yet submitted its net worth report for 2013.