Corporate Governance

Financial Highlights - Numbers That Matter

2022 FINANCIAL HIGHLIGHTS (PARENT COMPANY)

Php 9.35B

GROSS BENEFITS AND CLAIMS PAID

Php 147.17B

ASSETS

Php 50.23B

NET WORTH

Php 386.16B

BUSINESS-IN-FORCE

CONSOLIDATED FINANCIAL HIGHLIGHTS (IN PHP BILLION)

CONSOLIDATED NET INCOME

2022

Php 5.2

2021

Php 3.9

2020

Php 3.1

2019

Php 4.9

2018

Php 3.0

CONSOLIDATED ASSETS

2022

Php 148.5

2021

Php 149.8

2020

Php 148.7

2019

Php 143.2

2018

Php 135.1

CONSOLIDATED REVENUES

2022

Php 25.9

2021

Php 23.2

2020

Php 18.2

2019

Php 22.7

2018

Php 22.2

MEMBER’S EQUITY

2022

Php 50.6

2021

Php 42.8

2020

Php 37.1

2019

Php 43.9

2018

Php 40.5

INVESTMENT HIGHLIGHTS

Php 4.34B

FRESH INVESTMENT IN LONG-TERM FIXED INCOME SECURITIES CONSISTING OF PLACEMENTS IN GOVERNMENT & CORPORATE ISSUES

Php 1.1B

TOTAL DIVIDENDS RECEIVED FROM EQUITY INVESTMENTS (WITH PHP 586 MILLION COMING FROM UBP INVESTMENT)

Php 3.55B

TOTAL INTEREST INCOME FROM FIXED INCOME INVESTMENTS

Php 1.59B

REALIZE GAINS ON SALE OF FVOCI (FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME) EQUITIES

Php 13.2B

TOTAL VALUE TRADED IN THE PSE

1ST IN WORLD INVESTMENT IN AN ENERGY TRANSITION MECHAISM (ETM) AMOUNTING TO

Php 1.0B

IN SUPPORT OF THE COMPANY’S ESG INITIATIVES

InLife's Ranking

Insurance Commission Releases Ranking Of Life Insurance Companies As Of Year-End 2020 Based On Submitted QRSFS

To view full report, please visit the Insurance Commission’s website (https://www.insurance.gov.ph/) or click here.

Annual Members’ Meeting (AMM)

The Company conducts regular AMM every fourth Wednesday of May to apprise members of the business operations of the company in the previous year. To view details of the previous AMM, please see below:

Document Title	Date of publishing	Link
2022 Notice of the Annual Members’ Meeting (AMM)	27 April 2022	View
Report to Members during 2022 AMM	25 May 2022	View
Summary of Resolutions during the 2022 AMM	25 May 2022	View
Certification of Third Party Scrutineer during the 2022 AMM	25 May 2022
2022 Minutes of the AMM	01 June 2022	View

In addition, updated documents are also regularly uploaded under the "Governance Reports” to complement this section.

Awards

2023 Awards

The Company has received various awards throughout the year. Accordingly, news articles related to these awards were published in our website and in newspapers of general circulation. We have compiled these awards below for easy reference. For more details, kindly refer to the related links in the table:

Title	Related Link
1. InLife receives 4 Golden arrow awards for good corporate governance	https://www.insularlife.com.ph/news/inlife-receives-4-golden-arrow-award-for-good-corporate-governance-00001058
2. InLife recognized as one of the best companies to work for in Asia	https://www.insularlife.com.ph/news/inlife-recognized-as-one-of-the-best-companies-to-work-for-in-asia-00001022
3. InLife wins 7th domestic insurer Philippines award in Insurance Asia Awards	https://www.insularlife.com.ph/news/inlife-wins-7th-domestic-life-insurer-philippines-award-in-insurance-asia-awards-00001019
4. InLife CISO Noel Perdigon awarded Governance, Risk and Compliance (GRC) Leader of the Year	https://www.insularlife.com.ph/news/inlife-ciso-noel-perdigon-awarded-grc-leader-of-the-year-00001020
5. Insular Foundation wins in the Asia Responsible Enterprise Awards 2023	https://www.insularlife.com.ph/news/insular-foundation-wins-in-the-asia-responsible-enterprise-awards-2023-00001016
6. InLife receives its 18th LOMA Excellence in Education Award	https://www.insularlife.com.ph/news/inlife-receives-its-18th-loma-excellence-in-education-award-00000965
7. InLife receives Alida Delta Award 2022 for customer engagement	https://www.insularlife.com.ph/news/inlife-receives-alida-delta-award-2022-for-customer-engagement-00000954

2022 Awards

ACGS

For the fourth year in a row, InLife has been recognized by the Insurance Commission (IC) and the Institute of Corporate Directors (ICD) for its good corporate governance practices. In 2022, IC and ICD bestowed the Three Golden-Arrows Award to InLife as it also recognized the Company as the “Top Performer on Good Corporate Governance” for the Life Insurance Sector and for the whole Insurance Industry.

Other Awards Received

6-time Domestic Life Insurer - Philippines

Insurance Asia Awards

2nd runner up in the Community Engagement and Partnerships category - InLife Sheroes Advocacy and Movement

UN Women 2022 Asia-Pacific Women’s Empowerment Principles (WEPs) Awards

Community Engagement and Partnerships Category champion - InLife Sheroes Advocacy and Movement

2022 Philippines Women’s Empowerment Principles Awards

2022 Vega Digital Awards

Canopus (Platinum) awards in the following Digital Marketing Campaign Categories: Social Campaign, Cause-Related Campaign and Marketing Effectiveness.

2022 Alida Delta Award

Voice of the Customer Program

Best Chief Information Security Officer in the Insurance Industry Category - Russel A. Hernandez

I Am Secure Cybersecurity Excellence Awards 2022

One of top 10 2022 Outstanding Social Workers - Teresita T. Melad

Philippine Association of Social Workers, Inc.

Silver Anvil Award: Public Relations:

Public Relations Program on a Sustained Basis – Advocacy Communications - InLife Sheroes Advocacy and Movement

Specialized Public Relations Program - Advocacy Campaign - Tutor Kita Program of Insular Foundation

18th LOMA Excellence in Education Award

Life Office Management Association

Videos

Pursuant to the By-Laws, the Company holds Annual Members’ Meetings (AMM) to engage with our Members and other stakeholders as well as to apprise them of the Company’s business operations during the last financial year. Prior to the AMM, the Company provides Members with relevant materials such as Members’ Kit (includes voting procedures and details of each agenda during the said meeting), the profiles of the Candidates to the Board of Trustees, and the Latest Annual Report (AR). During the meeting, we present the AR’s highlights through an Audio-Visual Presentation (AVP).

To view the AVP from previous meetings, please click on the relevant year below: