Allianz PNB Life ranked 3rd among life insurance companies based on latest PH Insurance Commission statistics

Allianz PNB Life recently ranked third in terms of Gross Written Premium (GWP) and New Business Annualized Premium Equivalent (NBAPE) in the Philippine Insurance Commission’s (IC) latest performance report for the first and second quarter of 2022.

Allianz PNB Life has performed consistently year on year. In 2021, it ranked fourth under the same categories, while in 2020, the company was listed as 7th in GWP and 8th in NBAPE.

“Insurance penetration is only at 2% in the Philippines and remains one of the lowest in Asia. There is heightened awareness for the importance of insurance however and we continue to enhance our efforts to become the trusted insurance partner of Filipinos,” said Allianz PNB Life President and CEO, Alexander Grenz. “We are grateful to our customers and partners for choosing us every day and propelling our organization to the Top 3 position in both GWP and NBAPE especially considering how we were 10th and 11th respectively when I assumed the role of CEO in 2019.”

EastWest Bank and Ageas steadily build local insurtech Troo

In photo (L-R): Dominik Smeets, Chief Strategy & Business
Development Officer (Troo); Hans Loozekoot, President & CEO (Troo);
Antonio C. Moncupa Jr., Vice-Chairman & CEO (EastWest Bank);
and Jesus Roberto S. Reyes, President & Deputy CEO (EastWest Bank)

EastWest Bank and Ageas celebrate the 4th anniversary of their joint venture in the Philippines. This partnership operates under the brand name Troo. Troo offers life insurance to customers of EastWest Bank and Filinvest Group.

“From the start, Troo has been embracing the latest technology and digital solutions as a core of its daily business,” says Hans Loozekoot, President & CEO of Troo. “We are the first insurance company in the world to put in place its end-to-end integrated IT platform in the cloud. This enables us to offer our customers a seamless experience and optimize our operations.”

Make your money work as hard as you do

Earning money is no easy task, that’s why we take every chance we get to maximize our hard-earned cash and make it work just as hard as we do.

Many people may be unfamiliar with the term “financial planning”, but it’s really just a matter of putting your money where it counts. Life comes with its occasional uncertainties and it’s better that you're prepared to handle those when they come up so you don't dig into your savings in an emergency.

FWD holds Live To Move Grand Festival on October 24

Want to learn how you can stay fit in just four minutes? Come join FWD Live To Move Grand Festival, one of the most exciting health and wellness events of the year, on October 24, Saturday, starting 9 A.M. at the SM Mall of Asia Central Plaza.

The Festival is spearheaded by FWD Life Insurance Corporation (FWD) as part of its effort to promote a healthy and fit lifestyle among Filipinos. It is open to the public and wellness enthusiasts with varying fitness profiles whether you are novice, intermediate, or advanced.