Philippines · South-East Asia · class L

Life insurance companies in Philippines

25 licensed life insurers, 20% of the 126 insurance entities supervised by the Insurance Commission. Long-term life assurance, annuities, pensions and savings products.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Allianz PNB LifeLLifeAllianz / PNBForeign multinationalICVerified95 Confidence: Medium
BDO Life
Registered as BDO Life Assurance Company, Inc.
LLifeBDO UnibankDomestic privateICVerified77 Confidence: Low
Beneficial LifeLLifeBeneficialDomestic privateICVerified—
BPI AIA Life
Registered as BPI AIA Life Assurance Corporation
LLifeBPI / AIADomestic privateICVerified—
Cocolife
Registered as United Coconut Planters Life Assurance Corporation
LLifeUCPB CIIFDomestic privateICVerified—
FWD Life PhilippinesHKEX: 1828
Registered as FWD Life Insurance Corporation
LLifeFWD GroupIAIGForeign multinationalICVerified—
Generali Life Philippines (BDO? sold)Borsa Italiana: G
Verify; Registered as Generali Life Assurance Philippines, Inc.
LLifeGeneraliIAIGForeign multinationalICVerified—
Insular Life
Largest domestic mutual; Registered as The Insular Life Assurance Company, Ltd.
LLifeInsular LifeMutual / cooperativeICVerified—
Manulife China Bank Life
Registered as Manulife Chinabank Life Assurance Corporation
LLifeManulife / China BankDomestic privateICVerified—
Manulife PhilippinesPSE: MFC
Registered as The Manufacturers Life Insurance Company (Phils.), Inc.
LLifeManulifeIAIGForeign multinationalICVerified100 Confidence: Medium
Philippine Life Financial (PhilLife)
Registered as Philippine Life Financial Assurance Corporation
LLifePhilLifeDomestic privateICVerified57 Confidence: Low
Pru Life UKHKEX: 2378
Registered as Pru Life Insurance Corporation of U.K.
LLifePrudential plcIAIGForeign multinationalICVerified—
Singlife PhilippinesLLifeSumitomo LifeIAIGForeign multinationalICVerified—
Sun Life of Canada (Philippines)TSX: SLF
Largest life
LLifeSun LifeIAIGForeign multinationalICVerified82 Confidence: Low
Apex Life and General Assurance Corporation
IC CA 2023/05-O-A. Listed under Life Companies despite the name; formerly Travellers Life Assurance of the Phils.; IC footnote: Cease and Desist Order 30 Apr 2024 and Conservatorship Order 06 May 2024; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
East West Ageas Life Insurance Corporation
IC CA 2025/16-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
First Life Financial Company, Inc.
IC CA 2025/10-R. Formerly First Guarantee Life Assurance Co.; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Fortune Life Insurance Company, Inc.
IC CA 2025/19-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Maxicare Life Insurance Corporation
IC CA 2025/27-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Philippines International Life Insurance Company, Inc.
IC CA 2025/77-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Pioneer Life Inc.
IC CA 2025/09-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
SeaInsure Life Insurance Co., Inc.
IC CA 2025/25-R. Formerly Reliance Surety Insurance Co., Inc.; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Sun Life Grepa Financial, Inc.
IC CA 2025/28-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
United Life Assurance Corporation
IC CA 2025/61-R; ownership not researched
LLifeParent not named in registerDomestic privateICVerified—
Sun Life Assurance Company of Canada
IC CA 2025/36-R. Servicing insurance company (CA to service existing policies, run-off); Canadian company, sister of Sun Life of Canada (Philippines) (row 1095) by name; ownership not researched; Ownership type inferred from name; parent not researched
LLifeParent not named in registerForeign multinationalICVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About life insurers in Philippines

How many life insurers are licensed in Philippines?

25 of the 126 licensed insurance entities this directory lists in Philippines are classified as life (20%). Verified against the regulator register.

Who regulates life insurers in Philippines?

Insurance Commission (IC). Regime: Amended Insurance Code. Official website: https://insurance.gov.ph.

Who owns the life insurers in Philippines?

Of the 25 licensed life insurers in Philippines, 16 are domestic private companies, 8 are subsidiaries of foreign multinational groups (Allianz / PNB, FWD Group, Generali), and 1 is a mutual or cooperative insurer, as recorded in the register.

Data: /api/v1/countries/philippines.json (filter by class = "life"). Licence CC BY 4.0, attribute KAFS North America.