AIA Philippines Life and General Insurance Company expects to sustain its net income growth in 2026 following a 63.1-percent profit surge last year, a company executive said Wednesday.
The insurer posted a net income of P5.67 billion in 2025, up from P3.48 billion in 2024. AIA Philippines chief financial officer Gary Ogilvie said the performance involved complex financial drivers, including market and foreign exchange movements.
“Some of it [was] driven by the market movements, foreign exchange movements, etc. So, we look to drive a good strong net income [this year], but there can be a little bit of volatility dependent on the investment market movements and foreign exchange movements as well,” Ogilvie told reporters at the sidelines of a product launch.
Ogilvie said the company remains focused on providing fundamental insurance solutions, noting that if the firm offers the right products with effective distribution, the financial metrics will take care of themselves.
To support its growth strategy, the life insurer introduced AIA Critical Protect Plus, a triple-claim critical illness plan that provides health coverage up to age 100. The product covers 106 critical conditions, with the option to expand to 146 through riders.
The plan requires a minimum coverage of P500,000 and offers flexible payment terms of 10 years, 20 years or a pay-to-age-65 option.
AIA Philippines chief executive Melita Teo said the product addresses the reality of Filipinos living longer and facing the risk of multiple critical illnesses.
“AIA Critical Protect Plus moves beyond one-time protection, giving customers the flexibility and continued coverage they need across multiple diagnoses,” Teo said.
Policyholders can claim benefits for three different critical illnesses throughout the duration of the plan. The policy also includes a one-time payout of 25 percent of the claim for early-stage illnesses.
The insurer said additional features include optional benefits for emerging conditions, intensive care unit support and gender-specific cancers. The plan also provides a waiver of premium after a major illness and a death benefit that offers an additional payout if the policyholder dies after a major critical illness claim.
