Industry Life insurance Website www.insularlife.com.ph Headquarters Muntinlupa Founded 1910 Type Limited company | Area served Philippines Net income 1.7 billion PHP (2015) Total assets 106.2 billion PHP (2015) Number of employees 792 (2015) | |
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Key people Luis C. la Ó (Chairman of the Board of Trustees)
Nina Aguas (Chief Executive Officer)
Mona Lisa Dela Cruz (President and Chief Operating Officer) Revenue PH₱ 19.93 billion (2015, Group) Total equity PH₱ 23.7 billion (2015) Subsidiaries Insular & HIH General Insurance Co.,Inc. Profiles | ||
Insular life centennial video
The Insular Life Assurance Company, Ltd. (commonly known by its trade name, Insular Life) is a mutual life insurance company in the Philippines. Established on November 25, 1910 in Manila, it is the first Filipino life insurance company. The company offers individual and group life, health, and retirement insurance plans. It provides allied financial services such as general insurance, banking, healthcare, lending and investment through subsidiaries and affiliate companies in its eponymous corporate group. Insular Life was once a member of the Ayala Corporation until 1987, when it became a mutual company owned by its policyholders. Its current Chairman of the Board is Luis C. la Ó and its Chief Executive Officer is Nina Aguas. As of 2015, it is the seventh largest life insurer in the Philippines in terms of premium income.
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Muntinlupa City
It is currently headquartered at the Insular Life Corporate Centre (ILCC) building in Filinvest City, Alabang, Muntinlupa City. Designed by the Japanese firm, Takenobu Mohri Architects and Associates, the ILCC was inaugurated in 2001. The building is a two-tower structure connected by a podium, which houses a 500-seat auditorium.
Makati City
Previously, it held its main corporate offices at the Insular Life Building in Makati City. That building was built in 1962 and was the first to surpass the 30 meter height restriction in the Philippines. It had a gently curving façade entirely covered by narrow vertical aluminium projections that were set close together within square modules to conceal the curtain wall behind it. Originally designed by Cesar Concio, the building was controversially redeveloped in 2005 with a design by Takenobu Mohri Architects and Associates, and again in 2015 by Casas Architects.
Cebu City
It also maintains a corporate building at the Cebu Business Park designed by Jose Mañosa.
Corporate Group
The members of the Insular Group of Companies as of 2015 are:
Holding Company
Subsidiaries
Affiliates
Social Commitment
Former Subsidiaries and Affiliates