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May 06, 2015 4:08 AM ET

Insurance

Company Overview of Philippines AXA Life Insurance Corporation

Company Overview

Philippines AXA Life Insurance Corporation was founded in 1962 and is based in Makati City, Philippines.

Ground Floor

Philippine AXA Life Centre

Senator Gil Puyat Avenue corner Tindalo Street

Makati City,  2390

Philippines

Founded in 1962

Phone:

63 2 885 0101

Fax:

63 2 844 2105

Key Executives for Philippines AXA Life Insurance Corporation

Philippines AXA Life Insurance Corporation does not have any Key Executives recorded.

Philippines AXA Life Insurance Corporation Key Developments

Philippines AXA Life Insurance Corporation Announces Earnings Results for the First Nine Months Ended September 30, 2014

Philippine AXA Life Insurance Corporation announced earnings results for the first nine months ended September 30, 2014. For the nine months, the company announced that its total sales in annualized premium equivalent (APE) reached PHP 2.8 billion from PHP 2.6 billion last year. This includes regular premiums that grew 30% to PHP 2.0 billion while single premiums amounted to PHP 0.8 billion reflecting the launch of the two new offshore equity funds. Premium revenues amounted to PHP 12.7 billion, of which regular premium grew by 29% to PHP 4.0 billion. Net income reached PHP 0.8 billion during the period from PHP 1.0 billion last year due to a rebalancing of capital gains on investments realized in 2013, although net gain from operations increased by 46% to PHP 0.7 billion this year.

AXA PHILIPPINES Opens Two New Branch Offices in Cebu

AXA PHILIPPINES has bolstered its operations in the Visayas region, highlighted by the opening of two new branch offices in Cebu - one at the Cebu Business Park and another at the Crown Regency Tower 3 along Osmena Boulevard.

Philippine Axa Life Insurance Corporation Announces Earnings Results for the Half Year Ended June 2014

Philippine AXA Life Insurance Corporation announced earnings results for the half year ended June 2014. For the period, the company reported total sales in annualized premium equivalent reached PHP 1.8 billion. This includes regular premiums that grew 28% to PHP 1.3 billion and single premiums that decreased by PHP 0.3 billion to PHP 0.5 billion, resulting from lower demand compared to last year. Premium revenues amounted to PHP 7.7 billion, of which regular premium grew by 28% to PHP 2.6 billion. Net income reached PHP 561.0 million during the period from PHP 851.0 million last year due to a rebalancing of capital gains on investments realized in 2013.

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