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Sun Life Grepa Financial, Inc. (Sun Life Grepa) continues to build on its strong performance, posting solid gains across key metrics in the first quarter of 2026. The results reinforce momentum established at the close of 2025 and highlight the impact of its expanded distribution strategy and strengthened bancassurance operations.
The company now ranks 7th in Total Premium Income (TPI) and 5th in New Business Annual Premium Equivalent Income (NBAPE), outpacing industry averages in both revenue growth and new business generation.
Sun Life Grepa recorded a 79% year-on-year increase in total premium income, a significant jump that reflects the combined strength of its affinity marketing and bancassurance channels. Both have continued to broaden the company’s client reach across the country, extending access to more Filipinos at more income levels than before. This performance follows a strong finish in late 2025, when the company was recognized as the fastest-growing life insurer in the industry.
New business growth was even more pronounced. NBAPE surged 160% year-on-year, the company’s strongest showing in this category to date. The result points to something beyond retention: Sun Life Grepa is actively drawing in new clients, particularly in segments that have historically had limited access to life insurance.
Two key drivers fueled this expansion. The deepening partnership with a strategic affinity partner has enabled wider reach into underserved communities, bringing meaningful financial protection to those who need it most. At the same time, the continued alignment of bancassurance programs with its partner bank has deepened engagement within the premium banking segment. Together, these channels reflect a deliberate strategy to grow inclusively, meeting clients where they are, whether in a rural cooperative or a bank branch.
Despite volatile market conditions, the company remains profitable and stable with solid operational performance and strong capital position in the first quarter.
Looking ahead, Sun Life Grepa is focused on sustaining this momentum through deeper strategic partnerships, stronger bancassurance integration, and continued expansion of its client base, guided by a commitment to making financial security accessible to more Filipinos.
“Our performance this quarter shows that our strategy is working where it matters most: reaching more Filipinos and helping them take meaningful steps toward financial security,” said Sun Life Grepa President Richard S. Lim. “We’re not just growing for growth’s sake. We’re building a business that is more inclusive, more resilient, and better aligned with evolving needs of our clients.”
With its current trajectory, the company is well-positioned to capture further growth while staying true to its mission of helping Filipinos achieve lifetime financial security and healthier lives.
