ALLIANZ PNB Life continues to be the fastest growing life insurance company in the country, as evidenced by the remarkable figures presented in its 2021 annual report.
The company announced that its total premium income in 2021 reached 30 billion pesos, despite the challenges posed by the pandemic to the company and the economic difficulties that have plagued the Philippines due to prolonged lockdowns and other quarantine restrictions. community throughout 2020 and 2021.
Allianz PNB Life was also able to maintain this strong performance for the second consecutive year and, according to its 2021 annual report, the company is also among the top five companies offering life and health insurance in the Philippines.
Allianz was also ranked first among more than 125 insurance companies in the 2021 Dow Jones Sustainability Index, and was named the No. 1 insurance brand for the third consecutive year and 34th among the top 100 brands. worldwide, according to Interbrand’s 2021 ranking. Best Global Brands.
The 2021 annual report also revealed a 51% increase in total assets, a 90% increase in total premium income, a 73% growth in new business annual premium equivalent with over 1.28 billion pesos of net benefits paid on life insurance contracts and claims, and a gross written premium of 30 billion pesos and a net income of 107 million pesos.
“Allianz PNB Life’s commitment to providing our clients with the opportunity to create a better future for them and their families has always been our number one goal. We make this possible through our ‘Outperform, Transform, Rebalance’ strategy” , said the president of Allianz PNB Life. and chief executive Alexander Grenz said.
For more information visit www.allianzpnblife.ph.