2016’s Non-Life Insurance Companies Ranking in the Philippines
Accidents happen everywhere—anytime, to anyone. This is why the insurance industry in the country is one of the richest and most profitable industries. Every individual dreams and plans of having their own car, house, or property. One of the things they need to secure is not only the safety of these material things but its preparedness when disaster strikes.
If you plan on getting a car, a house, or any property that costs a lot of money, it is a good idea to have it insured. The right insurance can do wonders for your property. But of course, not all non-life insurance companies are the same.
It is our practice here in iChoose.ph to provide a list of top non-life insurance companies every year.
Name of Company Gross Premium Written
1. Malayan lnsurance Company, lnc 8,713,430,978
2. Prudential Gtee. & Assce., lnc. 7,246,797,934
3. Pioneer lnsurance & Surety Corporation 5,623,175,144
4. BPI/MS lnsurance Corporation 7,033,849,190
5. Charter Ping An lns. Corp. (Philippine Charter) 4,904,238,679
6. FPG lnsurance Co., lnc. (Federal Phoenix) 4,129,682,973
7. Standard lnsurance Company, lnc. 3,214,091,387
8. AIG Phil. lns. Company (Chartis Phils., lnc.) 2,578,353,413
9. UCPB General lnsurance Company, lnc. 2,511,158,028
10. PNB General lnsurers Company, lnc. 2,220,386,461
11. MAPFRE lnsular lnsurance Corporation 2,214,820,736
12. MAA GeneralAssurance Phils., lnc. 1,580,744,521
13. lnsurance Company of North America 1,494,045,755
14. PGA Sompo lnsurance Corporation 1,403,593,309
15. Commonwealth lnsurance Company 1,230,943,948
16. QBE Seaboard lnsurance Phils., lnc. 1,230,551,667
17. Blue Cross Insurance, lnc. 1,229,253,151
18. Oriental Assurance Corporation 1,076,199,261
19. Philippine British Assurance Company. lnc. 858,891,751
20. Alpha lnsurance & Surety Company, lnc. 822,389,795
21. Stronghold lnsurance Company, lnc. 790,657,911
22. Paramount Life & Gen. lns. Corp. (non-tife unit) 780,640,337
23. Mercantile lnsurance Company, lnc., 701,029,048
24. The Republic Surety & lnsurance Company, lnc. 682,450,673
25. Petrogen lnsurance Corporation 607,778,706
26. Fortune General lnsurance Corporation 606,565,018
27. Asia lnsurance (Phils.) Corporation 600,005,550
28. Western Guaranty Corporation 572,100,726
29. Premier lnsurance & Surety Corporation 557,563,589
30. Alliedbankers lnsurance Corporation 523,351,295
31. Corporate Guarantee & lnsurance Co., lnc. 497,588,452
32. CardPioneer Microinsurance, lnc. (Pioneer Asia) 481,331,301
33. Starr lnternational lnsurance Phils. Branch 449,213,229
34. People’s Gen. lnsurance Corp. 409,365,504
35. Cibeles lnsurance Corporation 336,494,058
36. Asia United lnsurance, lnc. 334,129,084
37. Philippines’ First lnsurance Co., lnc. 317,561 ,863
38. Visayan Surety & lnsurance Corporation 299,632,687
39. New lndia Assurance Company, Ltd., 294,688,085
40. The Pacific Union Insurance Company 287,812,233
41. Perla Compania de Seguros, lnc. 278,378,771
42. Flf Prime lnsurance Corporation 269,064,710
43 Liberty lnsurance Corporation 264,890,895
44. Sterling lnsurance Co., lnc. 252,215,828
45. Plaridel Surety & lnsurance Co. 224,912,521
46. Milestone Guarantv & lnsurance 220,152,545
47. Empire lnsurance Company 210,554,167
48. First Nationwide Assurance Corporation 202,397,456
49. The Reliance Surety & lnsurance Company, lnc. 200,092,124
50. Country Bankers lnsurance Corporation 197,910,726
51. AFP General lnsurance Corporation 194,645,587
52. Solid Guaranty, lnc., 182,071,807
53. The Pioneer lntercontinental lns. Corporation 132,956,938
54. Meridian Assurance Corporation 130,791,609
55. SGI Phils. Gen. lnsurance Company, lnc. (Monarch) 128,514,780
56. Centennial Guarantee Assce. Corp. 108,958,376
57. Metropolitan lnsurance Company 99,092,383
58. Bankers Assurance Corporation 78,100,893
59. Travellers lnsurance & Surety Corporation 74,749,867
60. CLIMBS Life & General lns. (non-life unit) 68,588,933
61. lntra-Strata Assurance Corporation 60,786,750
62. lnvestors Assurance Corporation 44,670,226
63. Northwest lnsurance & Surety Company, lnc. 14,473,822
64. Manila Surety & Fidelity Company, lnc. 11,553,421
65. BF General lnsurance Company, lnc. 10,482,651
66. United lnsurance Company, lnc. 7,322,259
67. R & B lnsurance Corporation 5,637,338
68. Asian Life & Gen. Assce. (non-life unit) 3,504,871
69. First lntegrated Bonding & lnsurance Co., lnc 2,701,750
SUB-TOTAL: 75,126,731,434
Reference: Insurance Commission of the Philippines
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