InLife parent company’s revenues rose to P26.95 billion in 2024 from P24.82 billion in 2023, while net income increased to P2.7 billion from P2.64 billion. Total assets also grew to P158.87 billion, up from P153.54 billion. New Business Premiums surged to P12.06 billion, a 20-percent increase from the previous year.
“As proof of our financial strength, InLife paid P10.5 billion in total claims and benefits in 2024,” InLife president and CEO Raul Antonio E. Littaua reported during the company’s annual members’ meeting.
On a consolidated basis, InLife’s revenues in 2024 reached P27.04 billion, up from P25.37 billion in 2023. Net income rose to P2.78 billion, and assets climbed to P158.89 billion.
Celebrating its 115th year of uninterrupted service, InLife reiterated its mission to help Filipinos achieve their dreams through customized insurance solutions. These range from wealth-building and retirement planning to health protection and business coverage.
The Insurance Commission’s 2024 report ranks InLife third in net worth, fourth in assets, seventh in net income, and eighth in new business premium performance.
“InLife is here to empower communities and secure futures,” said Littaua. “We’re proud to remain a top-tier Filipino insurer committed to trust, strength, and service.” —Ed: Corrie S. Narisma
