FWD Life Insurance Corporation (FWD Philippines) ranks #2 life insurer in the Philippines for the first half of 2025 in terms of new business annual premium equivalent (NBAPE) on a singleton basis, according to the latest official report from the Insurance Commission.
FWD Philippines records a total NBAPE of Php 4.6 billion in the first half of 2025, a 39% increase versus the same period the previous year, and the highest percentage growth among the country’s top 10 insurance companies. In addition to this, FWD Philippines also ranked #1 in single-pay premiums for the same period.
FWD Philippines President and CEO, Soon Liang Lau, remarked, “These milestones not only strengthen our position in the industry but also reflects the trust our customers place in us and the relentless dedication of our teams nationwide. Our consistency is a testament to protecting more Filipino lives and our vision of changing the way people feel about insurance.”
This achievement underscores FWD Philippines’ sustained growth momentum, driven by innovative product offerings, financial literacy initiatives, and its expanding network of regional hubs aimed at serving more Filipinos nationwide.
The broader Philippine insurance market also demonstrated resilience, with overall NBAPE increasing by 12.92% to Php18.86 billion in the first quarter of 2025. FWD’s performance significantly outpaced the industry average, highlighting its ability to deliver growth well above market trends.
Beyond financial performance, FWD Philippines remains steadfast in its commitment to nation-building, driving initiatives that go beyond insurance to create lasting impact on Filipino lives.
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