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    NonLife Rankings 2020 Based On Q4 NW

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    Ron Catalan
    1. The document presents the net worth of non-life insurance companies in the Philippines as of 2020 based on unaudited quarterly reports. 2. Pioneer Insurance & Surety Corp. had the highest net worth of over 17 billion pesos, while AA Guaranty Assurance Corp. Inc. did not submit a report. 3. The total net worth of non-life insurance companies was over 105 billion pesos, including professional reinsurers and servicing insurance companies.

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    NonLife Rankings 2020 Based On Q4 NW

    Uploaded by

    Ron Catalan
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    1. The document presents the net worth of non-life insurance companies in the Philippines as of 2020 based on unaudited quarterly reports. 2. Pioneer Insurance & Surety Corp. had the highest net worth of over 17 billion pesos, while AA Guaranty Assurance Corp. Inc. did not submit a report. 3. The total net worth of non-life insurance companies was over 105 billion pesos, including professional reinsurers and servicing insurance companies.

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    NonLife Rankings 2020 Based on Q4 NW

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    1. The document presents the net worth of non-life insurance companies in the Philippines as of 2020 based on unaudited quarterly reports. 2. Pioneer Insurance & Surety Corp. had the highest net worth of over 17 billion pesos, while AA Guaranty Assurance Corp. Inc. did not submit a report. 3. The total net worth of non-life insurance companies was over 105 billion pesos, including professional reinsurers and servicing insurance companies.

    Copyright:

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

    NonLife Rankings 2020 Based On Q4 NW

    Uploaded by

    Ron Catalan
    1. The document presents the net worth of non-life insurance companies in the Philippines as of 2020 based on unaudited quarterly reports. 2. Pioneer Insurance & Surety Corp. had the highest net worth of over 17 billion pesos, while AA Guaranty Assurance Corp. Inc. did not submit a report. 3. The total net worth of non-life insurance companies was over 105 billion pesos, including professional reinsurers and servicing insurance companies.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    Net Worth of Non-Life Insurance Companies

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

    Name of Company Networth

    1 Pioneer Insurance & Surety Corp. ₱ 17,417,911,645


    2 . Malayan Insurance Company, Inc. 4,443,435,881
    3 . BPI/MS Insurance Corp. 4,211,971,128
    4 . Standard Insurance Company, Inc. 3,489,083,673
    5 . Philippines First Insurance Company, Inc. 2,405,523,885
    6 . Prudential Guarantee & Assurance, Inc. 2,370,673,465
    7 . AIG Philippines Insurance Inc. 2,230,153,065
    8 . Charter Ping An Insurance Corp. 2,141,881,188
    9 . Cibeles Insurance Corp. 1,953,368,277
    10 . Pacific Cross Insurance, Inc. (Blue Cross Insurance, Inc.) 1,891,634,384
    11 . Alliedbankers Insurance Corp. 1,799,742,789
    12 . Sterling Insurance Company, Inc. 1,779,279,360
    13 . Stronghold Insurance Company, Inc. 1,778,998,274
    14 . Card Pioneer Microinsurance, Inc. 1,765,316,883
    15 . Commonwealth Insurance Company 1,738,967,864
    16 . Premier Insurance & Surety Corporation 1,619,910,864
    17 Pacific Union Insurance Company 1,617,721,194
    18 . Alpha Insurance & Surety Company, Inc. 1,551,639,424
    19 . MAA General Assurance Phils., Inc. 1,539,730,834
    20 . Travellers Insurance & Surety Corp. 1,537,355,986
    21 . Starr International Insurance Philippines Branch 1,537,290,273
    22 . Insurance Company of North America 1,496,462,083
    23 . UCPB General Insurance Company, Inc. 1,398,941,780
    24 . FPG Insurance Co., Inc. 1,385,121,204
    25 . SGI Philippines General Insurance Company, Inc. 1,366,475,843
    26 . Liberty Insurance Corp. 1,357,231,390
    27 . Bethel General Insurance & Surety Corp. (BF Gen Ins. & Sty.) 1,315,507,132
    28 . PGA Sompo Insurance Corp. 1,293,706,418
    29 . Milestone Guaranty & Assurance Corp. 1,267,859,397
    30 . Perla Compañia de Seguros, Inc. 1,218,286,030
    31 . Mapfre Insular Insurance Corp. 1,203,739,591
    32 . Asia United Insurance, Inc. 1,201,462,256
    33 . Philippine British Assurance Company, Inc. 1,178,006,550
    34 . Western Guaranty Corporation 1,171,887,819
    35 . Pioneer Intercontinental Insurance Corp. 1,136,367,963
    36 . Asia Insurance (Philippines) Corp. 1,136,228,213
    37 . Philippine American Life and General Insurance Co., Inc.* 1,124,598,817
    38 . Mercantile Insurance Company, Inc. 1,113,215,660
    39 . Intra-Strata Assurance Corp. 1,112,248,609
    40 . Paramount Life & General Insurance Corp. * 1,095,789,710
    41 . Oriental Assurance Corp. 1,070,255,622
    42 . Visayan Surety & Insurance Corp. 1,066,686,781
    43 . New India Assurance Company, Ltd., The 1,054,804,161
    44 . PNB General Insurers Company, Inc. 1,049,518,780
    45 . Metropolitan Insurance Company, Inc. 1,016,475,159
    Net Worth of Non-Life Insurance Companies
    Year 2020
    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Networth

    46 . Corporate Guarantee & Insurance Company, Inc. 1,013,713,807


    47 . M Pioneer Insurance Inc. 1,010,522,695
    48 . Petrogen Insurance Corp. 1,007,100,516
    49 . Fortune General Insurance Corp. 999,932,468
    50 . Country Bankers Insurance Corp. 918,805,409
    51 . Reliance Surety & Insurance Company, Inc. 910,211,870
    52 . 1CISP Life and General Insurance * 867,521,545
    53 . Empire Insurance Company 722,960,860
    54 . CLIMBS Life & General Insurance Coop.(non-life unit) 709,317,518
    55 . Etiqa Life and General Assurance Phils., Inc. (AsianLife & Gen.) * 624,164,552
    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 ₱ 98,436,718,538

    Professional Reinsurer

    1 . National Reinsurance Corp. of the Philippines ₱ 5,774,187,692

    SUB-TOTAL ₱ 5,774,187,692

    Servicing Insurance Companies

    1 . AFP General Insurance Corp. 528,573,552


    2 . Centennial Guarantee Assurance Corp. 378,983,895
    3 . Meridian Assurance Corp. 214,347,235
    4 Solid Guaranty, Inc.* 193,669,342
    5 . FLT Prime Insurance Corp. 131,678,073
    6 . United Insurance Company, Inc. report not submitted

    SUB-TOTAL ₱ 1,447,252,096

    GRAND TOTAL ₱ 105,658,158,326

    * Composite companies: non-life unit.

    Date prepared: March 03, 2021

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