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Bdo Life Assurance Company Inc (Philippines)

Main Activities: Direct Life Insurance Carriers
Full name: Bdo Life Assurance Company Inc Profile Updated: February 03, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

BDO Life Assurance Company, Inc. is a Philippine life insurance company and wholly owned subsidiary of BDO Unibank, Inc., focused on providing protection and long-term savings solutions primarily through a bancassurance model. The company offers a comprehensive portfolio of traditional life insurance and investment-linked products encompassing term life, whole life, endowment, and variable universal life policies tailored for income protection, family income continuity, education funding, retirement planning, and estate planning needs. BDO Life also provides group life and credit life insurance, mortgage protection, and rider benefits such as accident, disability, and critical illness coverage for retail, SME, and corporate customers. Its products are distributed nationwide through BDO's extensive branch network, licensed financial advisors and bancassurance sales professionals, giving the company broad access to mass market, mass affluent, and high-net-worth segments across the Philippines. Leveraging the BDO Group's brand, balance sheet strength, and multi-channel platform, BDO Life positions itself as a trusted partner in financial wellness, emphasizing disciplined underwriting, long-term customer relationships, and alignment with the bank's cross-selling strategy. The company's strategic focus is to deepen insurance penetration in the Philippine market by expanding its product suite, strengthening advisory capabilities in branches, accelerating digital servicing and e-application tools, and embedding life insurance solutions within the broader BDO ecosystem of banking, investment, and cash management services.

Legal Address
30th Floor Petron MegaPlaza Building, 358 Sen. Gil Puyat Avenue, Makati City
Makati; National Capital Region; Postal Code: 1200

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Website: http://www.bdo.com.ph/bdolife

Basic Information
Total Employees:
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Financial Auditors:
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Incorporation Date:
July 09, 1999
Key Executives
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Chairman
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President
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Senior Vice President
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Senior Vice President
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Senior Vice President
Ownership Details
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97%
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3%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency PHP. Absolute financial data is included in the purchased report.
Net sales revenue
-4.71%
Total operating revenue
3.31%
Operating profit (EBIT)
30.6%
EBITDA
30.6%
Net Profit (Loss) for the Period
9.69%
Total Assets
28.7%
Total Equity
17.23%
Operating Profit Margin (ROS)
8.35%
Net Profit Margin
2.57%
Return on Equity (ROE)
-1.16%
Debt/Equity
44.83%
Quick Ratio
-0.01%
Cash Ratio
0%

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