Charter Ping An bags best non-life insurer award

MANILA, Philippines - World Finance has named Charter Ping An Insurance Corp. as the 2015 Best Non-Life (General) Insurer in the Philippines. The award was part of World Finance Global Insurance Awards 2015, which recognized top insurance companies in over 55 countries worldwide. World Finance, a leading financial magazine based in London, has provided comprehensive coverage and analysis of the financial industry, international business and the global economy. The recognition affirms Charter Ping An’s standing as one of the leading non-life insurance providers in the country. In the latest Insurance Commission’s annual industry ranking, the insurer ranked fourth in terms of net premiums written and ranked fifth in terms of gross premiums written. Charter Ping An also attained the highest growth at 21.4 percent among other insurers in the Philippines in the recently released Aon Benfield’s Asia Pacific Report. “The past years have been remarkable to the company – from changing its brand to restructuring its ownership. Yet, the company succeeded with its best performance since 2009 as the fastest growing non-life insurer in the country and still gaining its momentum as it aspires to reach its vision to be the company of choice providing the best insurance solutions that exceed customer expectations,” it said in a statement.