MANILA, Philippines, November 26, 2025 — AIA Philippines Life and General Insurance Company, Inc. (AIA Philippines), formerly Philam Life and one of the country’s premier life insurance providers, and BPI AIA Life Assurance Corporation (BPI AIA), the bancassurance partnership between AIA Philippines and the Bank of the Philippine Islands, have once again been honored at the 2025 Golden Arrow Awards, receiving distinctions for their sustained excellence in corporate governance and ethical business leadership.

For AIA Philippines, this is the eighth consecutive year of being honored with a Golden Arrow Award, and for BPI AIA, the sixth straight year. This year, AIA Philippines received a Two-Arrow recognition while BPI AIA was awarded Three Arrows.

This reflects each company’s continued efforts in strengthening governance frameworks, fostering stakeholder trust, and delivering long-term value creation, a critical priority as Filipinos increasingly seek transparency, accountability, and reliability from financial and insurance institutions. Because the Philippines aims to further elevate its position in ASEAN corporate governance rankings, recognitions such as these add momentum to efforts that promote a stronger, more competitive, and globally aligned business environment.

The Golden Arrow is awarded to organizations that achieve at least 80 points in the ASEAN Corporate Governance Scorecard (ACGS) assessment, which evaluates corporate governance practices against Philippine regulations and internationally recognized standards. Criteria include protection of shareholder rights, equitable treatment, disclosure and transparency, board responsibilities, and stakeholder engagement.

“We are proud to once again be recognized by the Institute of Corporate Directors,” said Melita Teo, Chief Executive Officer, AIA Philippines. 

“Earning another Golden Arrow distinction reaffirms that strong governance remains at the core of how we operate and how we protect the trust of our customers, partners, and stakeholders.”

AIA Philippines and BPI AIA continue to strengthen their governance structure across areas such as board oversight, compliance, enterprise risk management, and sustainability stewardship, aligned with AIA’s purpose of helping people live Healthier, Longer, Better Lives and ensuring long-term value creation.

###

About AIA Philippines
AIA Philippines (AIA Philippines Life and General Insurance Company Inc.) formerly AIA Philam Life (The Philippine American Life and General Insurance Company), is the country’s premier life insurance company. Originally established on 21 June 1947 and became popularly known as Philam Life, AIA Philippines has earned the trust of customers for its financial strength, strong brand name, and ability to deliver on its promises. 

AIA Philippines has PHP 257.76 billion in total assets and PHP 57.35 billion in net worth as of 31 December 2024 while serving nearly 1.2 million individual policyholders and nearly 800,000 insured group members. AIA Philippines understands the needs of its customers and provides holistic solutions that include life protection, health insurance, savings, education, retirement, investment, group, and credit life insurance. It also offers bancassurance through its subsidiary, BPI AIA Life Assurance Corporation (formerly BPI-Philam Life Assurance Corporation). 

Based on the unaudited reports submitted to the Insurance Commission as of 31 December 2024, the combined total premium income of AIA Philippines and BPI AIA was at PHP 29.77 billion. AIA Philippines is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group. 

AIA Philippines and BPI AIA are regulated by the Insurance Commission.

About BPI AIA
BPI AIA LIFE ASSURANCE CORPORATION is a strategic alliance between two leading companies in the country – Bank of the Philippine Islands (BPI) and AIA Philippines Life and General Insurance Company, Inc. (AIA Philippines). BPI is a leading universal bank with over 170 years of experience in the local banking industry and an extensive branch network of more than 850 branches and 2,500 ATMs and CAMs. AIA Philippines is the premier life insurance company in the country and the market leader for over 70 years.  

BPI AIA’s professional and expertly trained Sales Executives are assigned in BPI branches nationwide or work remotely using digital tools to render financial advisory services that address customers' financial and protection needs.

With the combined expertise and resources of the two trusted companies, BPI AIA policyholders are assured that their insurance is backed by financial strength and stability.

To know more about us, visit our website. Like us on Facebook, follow LinkedIn, chat with us on Messenger and subscribe to our YouTube Channel.

For inquiries, you may contact our Customer Care Hotline at (02) 8528-5501. BPI AIA is duly licensed and regulated by the Insurance Commission of the Philippines.

About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR⁽¹⁾, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar,  New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR⁽²⁾, and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$328 billion as of 30 June 2025. 

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 43 million individual policies and 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

Notes:
⁽¹⁾Hong Kong SAR refers to the Hong Kong Special Administrative Region.
⁽²⁾ Macau SAR refers to the Macau Special Administrative Region.