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Sun Life tops in premium income
Manila Bulletin
|May 22, 2025
Sun Life Philippines, the local unit of Sun Life of Canada Inc., led the life insurance industry in the first quarter of 2025 by posting a premium income of P15.1 billion—the highest total premium recorded across the sector during this period, the company announced.
"This achievement is marked by the highest total premium income garnered across the entire industry during this period," the life insurer said in a statement released on Tuesday, May 20.
On Wednesday, May 21, the Insurance Commission (IC) also reported that the country’s life insurance industry’s total premium income surged 13.9 percent to P99.9 billion in the first quarter of 2025. It said this was largely driven by a massive jump in single premiums under variable life insurance. (See related story on page B-1)
This story is from the May 22, 2025 edition of Manila Bulletin.
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