Pru Life UK retains number one position in life insurance industry ranking for 2021

by The Manila Times

Apr 29, 2022 12:41 am

The life insurer recorded a total NBAPE of P 8.83 billion for 2021

Pru Life UK maintains its number one position among life insurers in the Philippines in terms of New Business Annual Premium Equivalent (NBAPE) for the year 2021.

According to a disclosure by the Insurance Commission (IC), Pru Life UK achieved a total NBAPE of P 8.83 billion last year, a significant increase of 11 percent from the company's NBAPE of Php 7.95 billion in 2020.

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The life insurer recorded a total NBAPE of P 8.83 billion for 2021

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