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Saturday, April 21, 2012

Top 10 life insurance companies in philippines 2012

Top 10 life insurance companies in philippines 2012 : Investing in Life insurance is a smart move one can do for himself and for his family. As a matter of fact, when a person dies ,the whole expenditure will be carried by the bereaved family. So it's helpful to have an insurance firm that will cater burial and interment expenditures.In some cases,without an insurance the whole family will have financial turmoil and this may result to arguments that will ,eventually, lead to broken family. This is why in this hard times being frugal and versatile is a great virtue to follow ,and you can start by getting yourself a life insurance.


Here’s a great list of Billion Worth of Philippine's Top Insurance Companies you can choose from.

1. Philam Group of Companies The Philippine American Life and General Insurance Company (Philam Life) is the largest life insurance company in the Philippines and the market leader more than 60 years. It's services cater corporate insurance ,and individual services such as Protection,Education,Savings ,Retirement ,Investment ,Health and Critical Illness and OFWs .It has P11.255 Premium Income in Billion Pesos.

2.Sun life started in Canada in 1865, Sun Life is one of the world’s leading financial services companies. Their headquarters is in Toronto, with their partners today operate in key markets worldwide including Canada, the United States, the United Kingdom, Ireland, China, Hong Kong, the Philippines, Japan, Korea, Indonesia, India and Singapore.It has 10.633B Premium Income.

3.AXA Philippines is a solid partnership between the Metrobank Group, one of the country’s biggest conglomerates, and the AXA Group, one of the world’s largest financial protection and wealth management companies serving more than 95 million customers in 61 countries.It has P 8.360 B Premium Income.

4.Prulife UK is born in London on May 30th, 1848 at first their mission is provide loans and life assurance to professionals.After 4 years ,they are tranformed into an institution that offers Industrial Insurance to the general public and developed their own marketing strategy-door to door outreaching for clients.And now,it has more than 20 million customers worldwide and has US$530 (£267) billion worth of funds under management.

5.Insular life was established on November 25, 1910 at a time when the Philippines was flexing its wings as an independent country. Today, as the Philippines' leading and largest Filipino life insurance company, Insular Life prides itself with its role in securing the lives of Filipinos families for close to a century. Its roster of products — from its ordinary whole life, endowment, limited-payment, college education and insurance plans, to pension and investment plans — not only offers the best cost-benefits ratios among insurance plans in the market.It has 7.129 B Premium Income.

6.BPI-Philam Life Assurance Corp (formerly Ayala Life Assurance Inc) is one of the most remarkable confederation between two stellar financial companies in the Philippines. These are The Philippine American Life and General Insurance Company (Philam Life) and Bank of the Philippine Islands (BPI). Philam Life is the biggest life insurance institution in the Philippines and the market leader for over 60 years. BPI is a leading commercial bank in the country with more than three decades of domestic banking .It has large branch network of over than 800 branches and 1,500 ATMs.It has 5.696 Billion Peso Premium Income.

7.Manulife is one of the most stable life insurance companies in the Philippines .They have been conducting business in the country over a century now. Thus,through the years of assets acquisition this international life insurance institution sent its way to the Philippine Stock Exchange (PSE).It has 3.975 Billion Peso Premium Income.

8.Grepalife is another major player in the life insurance industry in the Philippines. It is under the umbrella corporation of Yuchengco Group of Companies (YGC), one of Southeast Asia’s largest conglomerates. In fact , YGC is operating to more than 90 companies around the world. The companies assets revolve on multifaceted commercial enterprises like banking and finance , insurance, automotive dealership, travel and tourism, development and construction, engineering,and IT.It has 3.492 B Premium Income.

9.United Cocolife or COCOLIFE (United Coconut Planters Life Assurance Corporation), the first ISO Certified life insurance company in the Philippines, is the mother company of the COCOLIFE Group of Companies which provides a comprehensive range of insurance and financial services. It has subsidiaries in non-life business (UCPB General Insurance), pre-need (Cocoplans), mutual funds (United Fund, COCOLIFE Fixed Income Fund), asset management (COCOLIFE Asset Management) and security services (Ultra Security Services, New Ultra, All Nation). It has 2.333 B Premium Income.

10.Generali Pilipinas is the synergy of three big companies in 21st century commerce namely Assicurazioni Generali of Italy, the Kuok Group of Malaysia, and the SM Group of the Philippines.It has P1.420 B Premium Income.


Source : http://whatbrands.blogspot.com
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1 comment:

  1. Samshad AhmadApril 23, 2012 at 12:55 AM

    Great Sometimes i see very nice and easy created blogs but in the most ways they are very usefull like your blog

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    ReplyDelete

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