WINNING | Allianz PNB Life deepens Filipino family trust

June 25, 2026
8:08AM PHT

Insider Spotlight

  • Allianz PNB Life marks 10 years of operations in the Philippines
  • The insurer posted P1.06 billion in net income in 2025
  • New business premiums rose 17% to P4.8 billion


Allianz PNB Life marks its 10th year in the Philippine market by sharpening its focus on earning the confidence of Filipino families, underscoring how trust remains a key growth driver for the insurer as demand for long-term financial protection continues to expand. 

The milestone comes as the company builds on a series of recognitions, including its Great Place to Work certification for three consecutive years, while strengthening its position among the country’s leading life insurers. 

Allianz said its decade-long presence has been anchored on helping Filipinos achieve financial security and peace of mind.

Why it matters

Trust has become a critical differentiator in the insurance sector, where customers rely on providers to deliver protection and financial support during major life events.

“This year, Allianz PNB Life Insurance celebrates an important milestone. We are 10 years in the Philippines. We could not have achieved this without the support of our stakeholders – especially our customers. I extend my heartfelt gratitude for your support and trust in this company. This trust is based on our commitment to your well-being - to protect you, to take care of you and your families,” Allianz president and chief executive officer Joseph Gross said in a press statement.

 As it celebrates its decade-long service in the Philippines this 2026, Allianz PNB Life reiterates its commitment to serving Filipino families and honoring their trust. | Contributed photo

By the numbers

Allianz reported net income of P1.06 billion in 2025 under Philippine Financial Reporting Standards, while New Business Annual Premium Equivalent climbed 17 percent to P4.8 billion, outperforming industry averages.

The insurer has also paid out more than P6.1 billion in claims and policy benefits since entering the Philippine market in 2016 through a partnership between Germany-based Allianz Group and Philippine National Bank.

Joseph Gross 
Allianz president and chief executive officer 

The backdrop

Allianz Group operates in more than 70 countries, serves 97 million customers worldwide and managed roughly €2 trillion in assets in 2025, providing significant financial backing for its Philippine business.

“It means that we should deserve your trust. We need to earn your trust every day by standing at your side when you need us to deliver on our promise of providing protection, managing your money responsibly, for a long-term relationship,” Gross emphasized.

What’s next

As Allianz enters its second decade in the Philippines, the company said it will continue expanding access to insurance and wealth solutions while focusing on deepening customer relationships and reinforcing confidence in its brand. —Vanessa Hidalgo| Ed: Corrie S. Narisma

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