Maintains strong number one position in single premium and jumps to number two in total premium
FWD Life Insurance (FWD Philippines) tops the life insurance industry in terms of new business annual premium equivalent (NBAPE) on a singleton basis, according to the Insurance Commission’s (IC) 2026 Q1 Report.
FWD Philippines records a total NBAPE of Php 2.67 billion in the first quarter of 2026, a 4.9% increase versus the same period the previous year, resulting in its market share growing to 12.4% as of Q1 2026.
In addition to securing the number one rank, FWD Philippines also maintains its strong number one position in single premium and rises to number two in total premium, reflecting sustained momentum across key segments.
“Our growth is a reflection of increasing trust from Filipino customers choosing to have us protect their futures,” said Soon Liang Lau, President and CEO of FWD Life Insurance Philippines. “Being number one is a milestone, but our priority remains unchanged: helping Filipinos protect what matters most.”
FWD entered the Philippine market in 2014 and ranked 30th in its first year. Since inception, it has focused on making insurance simpler, more relevant, and easier to understand for Filipino families by delivering customer-led solutions and expanding access to protection through its agency force, bancassurance partnership with Security Bank, and digital channels.
“From number 30 in 2014 to number one in 2026, our journey has always been about making insurance more accessible and meaningful,” Lau added. “We will continue to focus on supporting our customers, so they can face uncertainty with greater confidence.”
FWD Philippines began operations in 2014 with a commitment to changing the way people feel about insurance. In just a decade, it has grown into a leading insurer in the market, recognized for its strength in investment-linked offerings, and consistently ranking among the top players in both new business annual premium and total premium, while holding the number one position in single premium.
These milestones reflect the trust of Filipino families who continue to choose FWD to protect what matters most as it empowers more Filipinos to move forward with confidence.