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    Paid-Up Capital of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    The document lists the paid-up capital of 46 non-life insurance companies in the Philippines for the year 2020, totaling 34.6 billion PHP. It also includes the paid-up capital of the sole professional reinsurance company, National Reinsurance Corp., at 2.1 billion PHP, and 4 servicing insurance companies totaling 1.3 billion PHP. The overall total paid-up capital of all non-life insurance companies in the Philippines for 2020 is reported as 38.2 billion PHP.

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    Paid-Up Capital of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    32 views2 pages
    The document lists the paid-up capital of 46 non-life insurance companies in the Philippines for the year 2020, totaling 34.6 billion PHP. It also includes the paid-up capital of the sole professional reinsurance company, National Reinsurance Corp., at 2.1 billion PHP, and 4 servicing insurance companies totaling 1.3 billion PHP. The overall total paid-up capital of all non-life insurance companies in the Philippines for 2020 is reported as 38.2 billion PHP.

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    NonLife-Rankings-2020-based-on-Q4-Paidup (1)

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    The document lists the paid-up capital of 46 non-life insurance companies in the Philippines for the year 2020, totaling 34.6 billion PHP. It also includes the paid-up capital of the sole professional reinsurance company, National Reinsurance Corp., at 2.1 billion PHP, and 4 servicing insurance companies totaling 1.3 billion PHP. The overall total paid-up capital of all non-life insurance companies in the Philippines for 2020 is reported as 38.2 billion PHP.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    32 views2 pages

    Paid-Up Capital of Non-Life Insurance Companies

    Uploaded by

    Ron Catalan
    The document lists the paid-up capital of 46 non-life insurance companies in the Philippines for the year 2020, totaling 34.6 billion PHP. It also includes the paid-up capital of the sole professional reinsurance company, National Reinsurance Corp., at 2.1 billion PHP, and 4 servicing insurance companies totaling 1.3 billion PHP. The overall total paid-up capital of all non-life insurance companies in the Philippines for 2020 is reported as 38.2 billion PHP.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    Paid-Up Capital of Non-Life Insurance Companies

    Year 2020
    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Paid-Up Capital

    1 . FPG Insurance Co., Inc. ₱ 1,422,000,000


    2 . SGI Philippines General Insurance Company, Inc. 1,330,457,200
    3 . Premier Insurance & Surety Corporation 1,300,000,000
    4 . Standard Insurance Company, Inc. 1,250,000,000
    5 . Sterling Insurance Company, Inc. 1,087,500,000
    6 . Philippines First Insurance Company, Inc. 1,000,000,000
    . Starr International Insurance Philippines Branch 1,000,000,000
    7 . Malayan Insurance Company, Inc. 979,134,400
    8 . PGA Sompo Insurance Corp. 950,000,000
    9 . AIG Philippines Insurance Inc. 935,852,400
    10 . PNB General Insurers Company, Inc. 912,600,000
    11 . Pacific Union Insurance Company 900,000,000
    12 . Milestone Guaranty & Assurance Corp. 872,954,300
    13 . 1CISP Life and General Insurance (non-life unit) 869,293,651
    14 . Pacific Cross Insurance, Inc. (Blue Cross Insurance, Inc.) 795,866,000
    15 . Alpha Insurance & Surety Company, Inc. 775,300,000
    16 . Stronghold Insurance Company, Inc. 768,437,488
    17 Reliance Surety & Insurance Company, Inc. 742,400,000
    18 . MAA General Assurance Phils., Inc. 682,123,000
    19 . Metropolitan Insurance Company, Inc. 672,000,000
    20 . New India Assurance Company, Ltd., The 660,610,000
    21 . UCPB General Insurance Company, Inc. 650,000,000
    22 . CLIMBS Life & General Insurance Coop.* 634,440,632
    23 . Prudential Guarantee & Assurance, Inc. 600,000,000
    Travellers Insurance & Surety Corp. 600,000,000
    24 . Etiqa Life and General Assurance Phils., Inc. (AsianLife & Gen.) * 585,866,375
    25 . M Pioneer Insurance Inc. 565,000,000
    26 . Intra-Strata Assurance Corp. 516,000,000
    27 . Charter Ping An Insurance Corp. 512,500,000
    28 . Insurance Company of North America 509,241,378
    29 . Card Pioneer Microinsurance, Inc. 500,000,000
    Commonwealth Insurance Company 500,000,000
    Mapfre Insular Insurance Corp. 500,000,000
    Philippine American Life and General Insurance Co., Inc.* 500,000,000
    30 . Country Bankers Insurance Corp. 497,574,300
    31 Asia United Insurance, Inc. 485,000,000
    32 . Petrogen Insurance Corp. 475,001,000
    33 . Alliedbankers Insurance Corp. 470,000,000
    34 . Empire Insurance Company 450,000,000
    35 . Cibeles Insurance Corp. 425,000,000
    36 . Bethel General Insurance & Surety Corp. (BF Gen Ins. & Sty.) 410,188,200
    37 . Western Guaranty Corporation 400,000,000
    38 . Asia Insurance (Philippines) Corp. 390,000,000
    Paid-Up Capital of Non-Life Insurance Companies
    Year 2020
    Based on Submitted Unaudited Quarterly Reports on Selected Financial Statistics (QRSFS)

    Name of Company Paid-Up Capital

    39 Liberty Insurance Corp.


    . 356,687,600
    40 BPI/MS Insurance Corp.
    . 350,000,000
    41 Mercantile Insurance Company, Inc.
    . 331,442,200
    42 Fortune General Insurance Corp.
    . 322,011,800
    43 Corporate Guarantee & Insurance Company, Inc.
    . 311,000,000
    44 Philippine British Assurance Company, Inc.
    . 310,000,000
    45 Pioneer Insurance & Surety Corp.
    . 300,000,000
    Visayan Surety & Insurance Corp. 300,000,000
    46 . Oriental Assurance Corp. 250,000,000
    Paramount Life & General Insurance Corp. * 250,000,000
    Perla Compañia de Seguros, Inc. 250,000,000
    Pioneer Intercontinental Insurance Corp. 250,000,000
    47 . AA Guaranty Assurance Corp. Inc. (Northwest Ins. & Surety) report not submitted
    People's General Insurance Corp. report not submitted
    QBE Seaboard Insurance Philippines, Inc. report not submitted

    SUB-TOTAL ₱ 34,663,481,924

    Professional Reinsurer

    1 . National Reinsurance Corp. of the Philippines ₱ 2,181,954,600

    SUB-TOTAL ₱ 2,181,954,600

    Servicing Insurance Companies

    1 . FLT Prime Insurance Corp. 325,000,000


    2 . Solid Guaranty, Inc. 271,750,600
    3 . AFP General Insurance Corp. 250,000,000
    Centennial Guarantee Assurance Corp. 250,000,000
    Meridian Assurance Corp. 250,000,000
    4 . United Insurance Company, Inc. report not submitted

    SUB-TOTAL ₱ 1,346,750,600

    GRAND TOTAL ₱ 38,192,187,124

    * Composite companies: non-life unit.

    Date prepared: March 03, 2021

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