BDO Life Q3 premium income up 24%

BDO Life Assurance Co. Inc. said it the same period last year.

In a statement on Monday, BDO Unibank Inc.’ s wholly owned life insurance subsidiary said its individual life new business premiums posted a hefty - nual Premium Equivalents (APE) while renewal premiums rose by

“BDO for the past six years mirrors parent BDO Unibank’s aspiration to local company in the life insurance

The insurer said sales force ex - ity combined to power individual

BDO Life said it ramped up its recruitment and selection efforts to beef up its presence in more BDO to develop a professional bancas- surance sales force have started to bear fruit.

“The recent acquisition and in BDO Life as a wholly owned subsidiary of BDO Unibank will accelerate the process of

This move opens more doors - tween BDO Life and the bank’s various business units that will - nities, it added.

The insurer also said identi- fication with the BDO brand has boosted client confidence in BDO Life.

“With the BDO Life name, - cant boost to in-branch insurance BDO brand to its fullest is a key activity that solidly positions us as a serious contender in the life insurance president and chief executive of