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Published April 24, 2021, 6:00 AM
Based on net premiums
The Prudential Guarantee and Assurance, Inc. (PGAI) remained the top non-life insurance company in terms of net premiums last year.
Based on the 2020 rankings released by Insurance Commission, PGAI registered the highest net premiums among non-life insurers at P4.55 billion, effectively maintaining its top spot position for four consecutive years based on companies’ quarterly reports on selected financial statistics submitted to IC at the end of December last year.
Second on the list was Malayan Insurance Co., Inc. with P4.08 billion, followed by Pacific Cross Insurance, Inc. with P3.32 billion and Pioneer Insurance & Surety Corp. with P2.97 billion.