Pru Life UK nets $85m in new premiums this quarter

It also totalled $400m in premium income for variable life insurance products.

Pru Life UK in the Philippines bagged $85m (Php4.8b) in total new business annual premium Equivalent (NBAPE) during the April to June period (Q2 2024).

The company also said it ranked first in total premium income from variable life insurance products, amounting to $400m (Php22.5b) as of 30 June, according to the Insurance Commission (IC). 

Presently, Pru Life UK holds 1.8m Filipino customers and has an agency force of 38,000.

($1.00 = Php56.43)