According to the Insurance Commission’s latest report, FWD Life Insurance Corporation (FWD Philippines) has ranked second in the Philippines for the first half of 2025 in terms of new business annual premium equivalent (NBAPE) on a singleton basis. The company recorded a total NBAPE of Php 4.6 billion, a 39% increase from the previous year, and the highest percentage growth among the country’s top 10 insurance companies. FWD Philippines also ranked #1 in single-pay premiums for the same period. The company’s President and CEO, Soon Liang Lau, praised its consistency in protecting more Filipino lives and its vision of changing insurance perception.
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.
Learn more about FWD’s innovative products, services, and programs by visiting www.fwd.com.ph.
