BPI AIA secures top spot as bancassurance company in PH

BPI AIA Life Assurance Corp. (BPI AIA), a strategic joint venture between Bank of the Philippine Islands and AIA Philippines, announced its achievement as the number one bancassurance company in the country, based on New Business Annualized Premium Equivalent or NBAPE, according to the official data from the Insurance Commission as of Dec. 31, 2024.

7TH WORLD FINANCE AWARD FOR BEST LIFE INSURANCE COMPANY As the company celebrates its continued success, it remains dedicated to fulfilling its mission of building a better everyday life for all Filipinos. BPI AIA IMAGE

This accomplishment coincides with BPI AIA receiving the prestigious World Finance Award for Best Life Insurance Co. in the Philippines for the seventh consecutive year.

The company also ranked number two in net income and number four overall in the industry, further solidifying its position as a leading player in the Philippine insurance market.

"We are incredibly proud to regain our position as the top-ranked bancassurance company in the Philippines and to receive this accolade yet again from World Finance," BPI AIA CEO Karen Custodia said.

The World Finance award recognizes BPI AIA's consistent excellence in the life insurance sector, highlighting its commitment to innovation, customer service and financial strength.

The award considers various factors, including financial performance, product innovation, market leadership and corporate governance.

Looking ahead, BPI AIA is positioned to continue its leadership in the life insurance industry, further advancing its customer-centric approach and leveraging technological innovations to create even more personalized and accessible solutions for Filipinos.

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