The group’s flagship company Pioneer Insurance & Surety Corporation counted gross premiums written of over P4.4 billion in 2012. Backed by equity of some P7.4 billion and assets of nearly P13.5 billion, Pioneer’s market leadership is highlighted by its strong position across all non-life insurance lines, including property, marine, motor and aviation.
A non-life subsidiary focusing on non-traditional insurance packages, Pioneer Intercontinental Insurance Corporation, was established in 1966.
Another non-life subsidiary, Pioneer Asia Insurance Corporation was established in 1963.
Today, Pioneer Life Inc. is a significant player in the industry, and it continues to grow with an increasing number of Million Dollar Round Table qualifiers. In 2012, Pioneer Life generated gross written premiums of close to P1.4 billion, supported by equity of over P1.0 billion and assets of almost P5.9 billion.
The Pioneer Group has consistently charted insurance milestones for over half a century through its main arms of life and non-life insurance.
Pioneer Insurance & Surety Corporation