Top 5 Filipino non-life insurers in 2019

resultsThe Commission of Insurance of the Philippines has released the unaudited results of the year 2019.

The top five non-life companies are classified in descending order:

  • Malayan Insurance Company (MICI) with a premium volume of 12.25 billion PHP (241.10 million USD)
  • Prudential Guarantee & Assurance (PGAI) with 10.11 billion PHP (198.98 million USD)
  • Pioneer Insurance & Surety with 10.08 billion PHP (198.40 million USD)
  • BP/MS Insurance with 6.12 billion PHP (120.45 million USD)
  • Charter Ping An Insurance with 5.54 billion PHP (109.04 million USD)

The Filipino non-life market (includes xxx companies). It recorded a turnover of 92.48 billion PHP (1.82 billion USD) increasing by 13.51% compared to 2018.

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