The group’s flagship company Pioneer Insurance & Surety Corporation was established in 1954. In 2013, it counted gross premiums written of almost P4.8 billion. Backed by equity of some P8.6 billion and assets of around P17.3 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. Lines of Business: Property (All Risks, AON), Engineering (CAR, EAR, MB, EEI, DOS, PLEQ, BPVE, COMP) Motor Car (TPL, OD, AON), Marine Cargo, Marine Hull (Hull, Liability, War), Aviation (Hull, Liability, War), and General Accident (Liability, Crime, Packaged Products)
#1 in Net Worth *, #1 in Net Income *, #3 in GPW among Non-Life Insurers *
2014 Ranking by Line:
#1 in HULL, #4 in AVIATION , #2 in CARGO , #3 in PROPERTY, #3 in ENGINEERING, #9 in MOTOR
* Based on Ins. Commission 2015 Report
Philippines
Pioneer House, 108 Paseo de Roxas, Legaspi Village
Makati City, Manila