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    Date: 2023-12-06 16:30:15.570040

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    Date: 2023-12-07 09:09:29.425849

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5-Year Historical Data from the Annual Statement

Requested from IC by J. Villamar at 04:30 PM on Dec 06, 2023.
Purpose: Benchmarking
Date of Coverage: 01/01/2018 - 12/31/2022
Tracking no: #IC-188232482747

Villamar 04:30 PM, Dec 06, 2023 

Dear Sir/Ma'am:

May we request for the latest available data on the 5-Year Historical Data from the Annual Statement (2022 AS or 2021 AS) of Selected Life Insurance Companies in the Philippines which will be used for our benchmarking. 

Below is the list of the selected Life Insurance Companies:
1. Sun Life of Canada (Philippines), Inc.
2. AIA Philippines Life & General Insurance Company, Inc.
3. Philippine AXA Life Insurance Corp.
4. Insular Life Assurance Company, Ltd.
5. Pru Life Insurance Corporation
6. Allianz PNB Life Insurance, Inc.

Thank you.

Ignacio 09:09 AM, Dec 07, 2023 

December 7, 2023

Dear Jenika Villamar,

Greetings!

Thank you for your request dated Dec 06, 2023 04:30:15 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for 5-Year Historical Data from the Annual Statement.

Response to your request

In relation to your request, we were able to determine that this particular information is already available online. You may retrieve your requested information through: https://www.insurance.gov.ph/summary-from-2017-2021-preliminary-figures/.

Per advised of our Statistics and Research Division (SRD),  detailed information relative to your request are included in the Insurance Commission's Annual Report. You may avail the Annual Report in CD.

Should you wish to avail the said report, kindly contact our Administrative Division - Supply Section at 8523 8461 local 120.

For your information and guidance.

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by email at icrecords-foi@insurance.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request.

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011).

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Thank you.

Respectfully,

Edmar Ignacio
FOI Officer

Villamar 02:25 PM, Jan 15, 2024 

Dear Sir/Ma’am:

With regards to our request, I have attached the 5-Year Historical Data of Sun Life Canada (Philippines), Inc. for the years 2012 to 2016 (from the 2016 Annual Statement) for your reference.

We are hoping to receive the same file from the 2022 AS or 2021 AS, whichever is the latest file available, for the selected Life Insurance Companies listed in our initial request.

Thank you.

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