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{{Infobox company
| name = The Insular Life Assurance Company, Ltd.
| logo = Insular Life new logo.png
| logo_size =
| logo_caption =
| type = [[Mutual insurance|Mutual]], [[Limited company|limited liability]]<ref name=EMISProfile>{{cite web|title=Company Profile|url=http://www.securities.com/Public/company-profile/PH/Insular_Life_Assurance_Company_Ltd__en_2624353.html|publisher=Euromoney EMIS|accessdate=1 June 2012}}</ref>▼
| image =
| industry = [[Life insurance]]▼
| image_size =
| founded = [[Manila]], [[Insular Government of the Philippine Islands|Philippine Islands]] ({{start date|1910|11|25}})<ref name=Kasaysayan>{{cite book|title=Kasaysayan : the story of the Filipino people|year=1998|publisher=Reader's Digest|location=Pleasantville, New York|isbn=9622582338|author=Totanes, Henry|volume=A timeline of Philippine history|editor=Dalisay, Jose Y. Jr.}}</ref>▼
|
| trade_name =
| hq_location = Insular Life Corporate Centre▼
| native_name =
| hq_location_city = [[Muntinlupa]]▼
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{Lang|[code]|[name]}} in native_name = and leave native_name_lang = empty. -->
| romanized_name =
| former_name =
▲| type = [[Mutual insurance|Mutual]], [[Limited company|limited liability]]<ref name=EMISProfile>{{cite web|title=Company Profile|url=http://www.securities.com/Public/company-profile/PH/Insular_Life_Assurance_Company_Ltd__en_2624353.html|publisher=Euromoney EMIS|accessdate=1 June 2012}}</ref>
▲| industry = [[Life insurance]]
| predecessor = <!-- or: | predecessors = -->
▲| founded = [[Manila]], [[Insular Government of the Philippine Islands|Philippine Islands]] ({{start date and age|1910|11|25|mf=yes}})<ref name=Kasaysayan>{{cite book|title=Kasaysayan : the story of the Filipino people|year=1998|publisher=Reader's Digest|location=Pleasantville, New York|isbn=9622582338|author=Totanes, Henry|volume=A timeline of Philippine history|editor=Dalisay, Jose Y. Jr.}}</ref>
| founder = Antonio Ma. Barretto<br/><small>(Founding President)</small>
| defunct = <!-- {{End date|YYYY|MM|DD}} -->
| fate =
| successor = <!-- or: | successors = -->
▲| hq_location = Insular Life Corporate Centre
▲| hq_location_city = [[Alabang]], [[Muntinlupa]]
| hq_location_country = [[Philippines]]
| num_locations =
| key_people = Nina Aguas <br/><small>(Chairman)</small> <br/> Mona Lisa Dela Cruz <br/><small>(President and CEO)</small>▼
| num_locations_year = <!-- Year of num_locations data (if known) -->
| area_served = <!-- or: | areas_served = -->
▲| key_people = Nina Aguas <br/><small>(Chairman)</small> <br/>
| products =
| production =
| production_year = <!-- Year of production data (if known) -->
| brands =
| services = [[Life insurance]], [[health insurance]], [[investment fund]], [[health care]], [[bancassurance]]
| revenue = {{decrease}} {{Philippine peso|18.2}} billion<ref name="2020annualreport"/>
| revenue_year = <!-- Year of revenue data (if known) -->
| operating_income =
| income_year = <!-- Year of operating_income data (if known) -->
| net_income = {{decrease}} {{Philippine peso|3.14}} billion<ref name="2020annualreport">{{cite web |url=https://annualreports.insularlife.com.ph/2020/ |title=Power of Purpose |author=Insular Life |date= |website= |publisher= |access-date=April 16, 2022 |quote=}}</ref>
| net_income_year = 2020
| aum = <!-- Only for financial-service companies -->
| num_employees = 336 (2019)▼
| assets = {{increase}} {{Philippine peso|148.7}} billion<ref name="2020annualreport"/>
| homepage = {{URL|http://www.insularlife.com.ph}}▼
| assets_year = 2020
| equity = {{decrease}} {{Philippine peso|37.1}} billion<ref name="2020annualreport"/>
| equity_year = 2020
| owner = Policy holders
| members =
| members_year = <!-- Year of members data (if known) -->
▲| num_employees = 336 (2019)
| num_employees_year = <!-- Year of num_employees data (if known) -->
| parent =
| divisions =
| subsid = {{bulleted list|Insular Health Care, Inc. (100%)|Insular Investment Corporation (100%)|Insular Life Management and Development Corporation (100%)|[[Unionbank (Philippines)|Unionbank of the Philippines]] (13.72%)|MAFPRE Insular Insurance Corporation (25%)|PPI Prime Venture, Inc.(30%)}}<ref name="aboutinsular">{{cite web |url=https://www.insularlife.com.ph/about-insular-life |title=Who We Are |author=Insular Life |date= |website= |publisher= |access-date=April 16, 2022 |quote=}}</ref>
| module = <!-- Used to embed other templates -->
| ratio = <!-- Basel III ratio; used for banks only -->
| rating = <!-- Credit rating; used for banks only -->
| footnotes =
}}
'''The Insular Life Assurance Company, Ltd.''' (commonly known by its trade name, '''Insular Life''', and shortened as '''InLife''') is a [[Mutual insurance|mutual]] [[life insurance]] company in the [[Philippines]]. Established on November 25, 1910 in [[Manila]], it is the first Filipino life insurance company.<ref name=Kasaysayan /><ref name=MB-Ayala>{{cite news|title=Ayala Corporation celebrates its 175th anniversary|url=http://www.mb.com.ph/node/198348|accessdate=1 June 2012|newspaper=[[Manila Bulletin]]|date=10 March 2009}}</ref> The company offers individual and group life, health, education and retirement insurance plans. It provides allied financial services such as [[general insurance]], banking, healthcare, lending and investment through subsidiaries and affiliate companies in its eponymous [[corporate group]].<ref name=EMISProfile /><ref name=UBP-Owner>{{cite web|title=Ownership Structure|url=http://www.unionbankph.com/index.php?option=com_content&view=article&id=573&Itemid=322|publisher=Union Bank of the Philippines|accessdate=31 May 2012}}</ref> Insular Life was once a member of the [[Ayala Corporation]] until 1987, when it became a mutual company owned by its policyholders.<ref name="Businessworld-2014-06-22-Insular_DST">{{cite web|last1=Flores|first1=Mikhail Franz|title=Insular Life declared exempt from DST|url=http://www.bworldonline.com/content.php?section=Finance&title=Insular-Life-declared-exempt-from-DST&id=89585|website=BusinessWorld.com|accessdate=17 March 2016}}</ref><ref name=PStar-Ledesma>{{cite news|last=Ledesma|first=RJ|title=Always a first|url=http://www.philstar.com/supplements/526150/always-first|accessdate=31 May 2012|newspaper=[[Philippine Star]]|date=25 November 2009}}</ref> Its
== History ==
[[File:The Insular Life Assurance Company, Ltd. PHC historical marker.jpg|thumb|left|1951 historical marker installed at Insular Life's original headquarters in Makati]]
The firm was established as the first domestic life insurance company in the Philippines with Antonio Ma. Barretto as its founding President. Its first headquarters were located at the Lack and Davies Building in Manila's Echague district. In 1934, it inaugurated its first building in Binondo, Manila. Insular Life established an overseas branch in Honolulu in 1934, and its first district office in Cebu City in 1938. During the Second World War, the company continued operations and took over the business of the Filipinas Life Assurance Company. The Philippines business of the Occidental Life Insurance Company of California was acquired by the company in 1954. A few years later in 1958, it introduced industrial life insurance in the Philippines.<ref name="Historical_Marker-2010">{{Cite sign |title= Insular Life |date=2010 |type=Historical Marker|publisher =[[National Historical Commission of the Philippines]]|location=Insular Life Corporate Center, Muntinlupa, Philippines|access-date=24 December 2021|url=https://en.wikipedia.org/wiki/File:Insular_Life_historical_marker.jpg}}</ref>
== Office Buildings ==
[[File:Ph-mm-makati-makati cbd-ayala ave.-paseo de roxas-insular life (2015) 01.JPG|thumb|240px|The former headquarters of Insular Life in Makati]]▼
=== Muntinlupa ===
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=== Makati ===
▲[[File:Ph-mm-makati-makati cbd-ayala ave.-paseo de roxas-insular life (2015) 01.JPG|thumb|The former headquarters of Insular Life in Makati]]
Previously, it held its main corporate offices at the Insular Life Building in [[Makati]]. That building was built in 1962 and was the first to surpass the 30 meter height restriction in the Philippines.<ref name="Lico_History">{{cite web|last=Lico|first=Gerald|title=A Brief history of Philippine architecture|url=http://www.facebook.com/photo.php?fbid=481932328495968&set=a.355958817759987.82828.162985620390642|work=Arkitektura Philippines Facebook Page|accessdate=23 March 2013}}</ref> It had a gently curving façade entirely covered by narrow vertical aluminium projections that were set close together within square modules to conceal the curtain wall behind it.<ref>{{Cite book|title = Arkitekturang Filipino: A History of Architecture and Urbanism in the Philippines|last = Lico|first = Gerard|publisher = The University of the Philippines Press|year = 2008|isbn = 978-971-542-579-7|location = Quezon City|pages = 432}}</ref> Originally designed by Cesar Concio, the building was controversially redeveloped in 2005 with a design by Takenobu Mohri Architects and Associates, and again in 2015 by Casas Architects.<ref name="AlcazarenP">{{cite news|last=Alcazaren|first=Paulo|title=Makati Memories|url=http://www.newsflash.org/2002/11/ht/ht003002.htm|accessdate=23 March 2013|newspaper=[[Philippine Star]] / Newsflash|date=30 November 2002}}</ref><ref name="Mohri_AA">{{cite web|last=Mohri Architects and Associates|title=Projects|url=http://www.mohri-aa.co.jp/|accessdate=23 March 2013}}</ref>
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==Corporate Group==
[[File:Insular Life historical marker.jpg|thumb|right|240px|Historical Marker in the corporate headquarters.]]
The members of the Insular
<br/>'''Holding Company'''▼
*The Insular Life Assurance Company, Ltd. (Life Insurance underwriting)
'''Subsidiaries'''
*Insular Investment Corporation (Investment banking)▼
*Insular Health Care, Inc. (Health/HMO)
▲*Insular Investment Corporation (Investment banking)
*ILAC General Insurance Agency (General agency)▼
*Insular Life Management and Development Corporation (Management services)
▲**ILAC General Insurance Agency (General agency)
*HomeCredit Mutual Building and Loan Association▼
'''Affiliates'''
*[[Mapfre|Mapfre Insular Insurance]] (Non-life Insurance underwriting)
*Maria Health (Health/HMO marketing)<ref name="Maria-Health-2021">{{cite web|last1=Reyes|first1=Robert|title=Insular Life invests in Maria Health to accelerate digital adoption|url=https://mb.com.ph/2021/11/19/insular-life-invests-in-maria-health-to-accelerate-digital-adoption/|website=MB.com.ph|accessdate=24 December 2021}}</ref>
*[[Union Bank of the Philippines]] (Universal banking and [[Bancassurance]] partner)▼
*PPI Prime Venture (Real estate)
▲*[[Union Bank of the Philippines]] (Universal banking and [[Bancassurance]] partner)
'''Social Commitment'''
*Insular Foundation
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*Hawaiian Life Insurance Company (Until 1955, acquired by the [[American International Group|American General Life Insurance Company]])
*Insular Savings Bank (Until 2005, acquired by [[Citibank Philippines]])
▲*HomeCredit Mutual Building and Loan Association
==References==
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