Insular Life

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.[2][5] 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.[1][6] Insular Life itself was once a member of the Ayala Corporation until 1987, when it became a fully mutual company.[7] Its current Chairman of the Board and Chief Executive Officer is Vicente R. Ayllon.[3] As of 2011, it is the fifth largest life insurer in the Philippines in terms of premium income