Allianz PNB Life 2025 income climbs on premium growth

Insider Spotlight

• Net income rose 17 percent to P1.06 billion in 2025
• Gross written premiums increased 17.1 percent to P37.7 billion
• New Business Annual Premium Equivalent grew 17 percent to P4.8 billion
  
  
  

Allianz PNB Life sustained its growth momentum in 2025 as higher premium collections and stronger new business generation lifted net income by 17 percent to P1.06 billion, outperforming broader industry trends.

The insurer said new business annual premium equivalent, a key measure of new sales activity, climbed 17 percent to P4.8 billion, while gross written premiums expanded 17.1 percent to P37.7 billion during the year.

Why it matters

The results underscore Allianz PNB Life’s continued push to strengthen its position in the Philippine life insurance market, supported by sustained sales growth, bancassurance distribution, and customer acquisition efforts.

The company said it has maintained a compounded annual growth rate of 41 percent in net income over the past five years, helping keep it among the country’s leading life insurers.

Driving the news

Based on its latest annual report, Allianz PNB Life said it plans to further strengthen customer-centric operations, improve execution capabilities, and accelerate innovation initiatives across the business.

The insurer added it would continue aligning resources and strategies toward more seamless and personalized customer experiences, while reinforcing accountability, operational efficiency, and risk management practices to support long-term growth.

The company also plans to leverage technology and data analytics to roll out more tailored insurance and financial solutions for Filipino customers.

What they’re saying

“With the support of our dedicated team, trusted partners, and loyal customers, I am confident that Allianz PNB Life will continue to thrive and make a meaningful, lasting impact on the lives of Filipino families,” Joe Gross, president and CEO of Allianz PNB Life, said in a press statement.

Chief financial officer Lukas Cacayan said the company’s gains reflected “disciplined execution and stronger collaboration across the organization.”

Zoom out

Parent firm Allianz Group also reported record global results in 2025, with operating profit rising 8.4 percent to 17.4 billion euros and shareholders’ core net income increasing 10.9 percent to 11.1 billion euros. Total business volume grew 8.1 percent to 186.9 billion euros. —Vanessa Hidalgo | Ed: Corrie S. Narisma