Allianz announces record-breaking €152.7 billion total revenues for 2022 in financial results report

Global insurance leader Allianz recently released its full-year financial results for 2022, announcing a record-breaking €152.7 billion (₱8.92 trillion) in total revenues. This marks a growth of 2.8%, coming from €148.5 billion (₱8.67 trillion) in 2021.

“Our performance is the product of thoughtful design, reliable execution, relentless simplification, and disciplined capital management,” said Oliver Bäte, CEO of Allianz SE. “In an unpredictable world with growing risks and societal imbalances, we are proudly demonstrating our ability to leverage the benefits of Allianz’s scale for our customers, our employees, and our shareholders.”

UBX revenues balloon 5x in 2021, aims to ride growth momentum this year

UBX, the leading open finance platform in the Philippines, recorded remarkable growth in 2021 with revenues ballooning by 5x, a momentum that the fintech innovator aims to ride on in 2022.

With the demand for digital financial solutions growing at rapid paces due to the pandemic, UBX served over 200,000 business to business customers, partnered with more than 2,000 independent banking agents and 250 financial institutions, and recorded an annual gross transaction value of P20 billion. 

“The year 2021 was a real inflection point for us – it is when we achieved traction. Our goal is to continue to ride on this growth momentum in 2022 through constant innovation and the development of solutions that will further democratize access to financial services,” UBX President and CEO John Januszczak said. 

1CISP Posts record Growth In 2018

Total assets grew by 65% YoY to P2.57B 

1Cooperative Insurance System of the Philippines (1CISP), the largest cooperative insurer in the Philippines, ended 2018 with a record-high growth in assets, owing to the conducive business environment in the local insurance industry.

In a press briefing held recently led by 1CISP president Roy S. Miclat, he revealed that 1CISP’s total assets as of end-2018 has reached P2.57 billion, a hefty 65% increase from the cooperative’s total assets of P1.55 billion in 2017.  Joining the presentation were Brig. Gen. Teodoro P. Evangelista, Chairperson and 1CISP Directors Imelda S. Magabilen and Sec. Senen Bacani. 

Globe leads industry performance - Q1 net income up 43% YoY

Globe Telecom continues to post record numbers during the first three months of 2015, registering an impressive financial performance, highlighted by solid top-line growth, and EBITDA and NIAT at all-time high figures.

In its latest disclosure during the First Quarter Analysts’ Briefing, Globe officials revealed that the company generated P26.2 billion consolidated service revenues, 13% higher than 2014, while EBITDA level was at P11 billion, up 25% year-on -year. Its core net income was at P4.2 billion, a 25% rise compared to last year.