{"id":9567,"date":"2024-08-21T14:01:05","date_gmt":"2024-08-21T06:01:05","guid":{"rendered":"http:\/\/zestmag.com\/online\/?p=9567"},"modified":"2024-08-21T14:01:36","modified_gmt":"2024-08-21T06:01:36","slug":"pru-life-uk-tops-ph-life-insurance-with-highest-q2-nbape","status":"publish","type":"post","link":"http:\/\/zestmag.com\/online\/pru-life-uk-tops-ph-life-insurance-with-highest-q2-nbape\/","title":{"rendered":"Pru Life UK tops PH life insurance with highest Q2 NBAPE"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Pru Life UK maintains its leading position, as the Philippines\u2019 insurance provider with a stellar second-quarter performance in 2024.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company achieved the highest New Business Annual Premium Equivalent\n(NBAPE) and ranked first in Total Premium Income from Variable Life Insurance\nProducts, replicating its success from the first quarter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Insurance Commission (IC) has reported that Pru Life UK achieved a total NBAPE of Php 4.8 billion and a Total Premium Income from Variable Life Insurance Products of Php 22.5 billion as of 30 June 2024. This\nstrong performance underscores Pru Life UK&#8217;s market leadership and commitment\nto offering innovative, customer-focused insurance solutions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NBAPE is the key performance metric for evaluating sales in the\nPhilippine life insurance industry, providing essential insights for insurers,\ninvestors, and regulators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201c<em>We\nare delighted to maintain our position as the number one life insurer in the\nPhilippines, reflecting our dedication to delivering quality insurance protection\nto our customers. Our continued success in achieving the highest NBAPE in the\nsecond quarter reaffirms our commitment to innovation, customer trust, and\nbuilding a financially resilient society<\/em>,&#8221; says Pru Life UK Chief Finance\nOfficer Francis Ortega.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Pru Life UK has yet again reinforced its reputation as a strong and stable insurance provider for Filipinos.  It remains steadfast in empowering more than 1.8 million Filipinos to achieve their financial goals and secure their futures through its over\n38,000 agency force. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Through investments in digital technology and financial literacy\ninitiatives, Pru Life UK is driving the development of a more financially resilient\nsociety while adapting to its customers\u2019 evolving needs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company achieved the highest New Business Annual Premium Equivalent (NBAPE) and ranked first in Total Premium Income from Variable Life Insurance Products, replicating its success from the first quarter.<\/p>\n","protected":false},"author":3,"featured_media":9570,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[1810,2275,2086],"class_list":["post-9567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-showcase","tag-insurance","tag-insurance-industry","tag-pru-life-uk"],"_links":{"self":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/comments?post=9567"}],"version-history":[{"count":1,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9567\/revisions"}],"predecessor-version":[{"id":9571,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9567\/revisions\/9571"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media\/9570"}],"wp:attachment":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media?parent=9567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/categories?post=9567"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/tags?post=9567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}