Here's a ranking of life insurance companies in the Philippines based on assets as of December 2018:

RANK   COMPANY    in BILLIONS
1 Philam Life & Gen247.026
2 Sun Life 222.879
3 Insular Life 131.492
4 Phil. AXA 115.322
5 BPI-Philam Life101.307
6 Manufacturers Life (Phils)    95.119
7 PRU Life 94.814
8 Sun Life GREPA45.694
9 BDO Life 41.263
10 Manulife Chinabank34.525
11 Allianz PNB Life29.292
12 United Coconut Planters26.355
13 FWD Life13.765
14 Pioneer Life12.399
15 Beneficial Life 6.980
16 First Life Financial 6.672
17 Fortune Life 4.743
18 Paramount Life2.927
19 East West Aegas Life 2.630
20 AsianLife2.549
21 1CISP Life2.466
22 Generali Life2.352
23 CLIMBS Life 2.137
24 Philippine Life2.039
25 Philam Equitable 1.438
26 United Life 1.242
27 Caritas Life 1.151
28 Country Bankers1.138
29 Philippines International1.101
30 Manila Bankers 1.086

Notes: 

 - The total assets posted above for Philam Life, Paramount Life, Asian Life and CLIMBS Life refer to the total assets of their life insurance units.

 - Cap Life Insurance Corp. has total assets of 263.26 million. It is now just a servicing insurance company. Reference: Assets of Life Insurance Companies Year 2018

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