operating companies - philippine axa life insurance corporation

AXA Philippines

Know You Can


GT Capital has interests in the life and general insurance business through its 25.3% ownership of shares in AXA Philippines, among the largest Philippine insurance companies in terms of total net insurance premium. AXA Philippines is a joint venture between the AXA Group, one of the world’s largest insurance groups, and the GT Capital/Metrobank Group, one of the Philippines’ largest diversified conglomerates

AXA Philippines is now a provider of a comprehensive suite of products, personal and group insurance in the Philippines, covering life insurance and investment-linked insurance products, savings and investment, health coverage, and property and casualty insurance. AXA Philippines distributes its products in the Philippines through a multi-channel distribution network comprised of agents, bancassurance, and corporate solutions.

AXA is the world's number one insurance brand and has been redefining insurance standards around the globe for the past two centuries. Two hundred years hence, AXA is present in 64 countries and serves over 107 million customers.

AXA Philippines is one of the largest and fastest growing life insurance companies in the country, offering financial security to more than 1.5 million individuals through our group and individual life insurance products.

AXA has more than 7,000 financial advisers in over 50 life and non-life branches, and 4,000 financial executives in over 940 Metrobank and PSBank branches nationwide. With its merger with Charter Ping-An, AXA Philippines has entered into non-life insurance business, providing Filipinos a range of financial protection to suit their needs today

"Thinking globally and acting locally will continue to be AXA's credo."

The AXA S.A. Group

AXA Philippines has benefitted from a global brand, extensive expertise on risk management and product development as well as the group’s regional operating model

  • One of the global leaders in insurance and asset management
  • Headquartered in Paris and serves 95 million clients, individuals and businesses in 61 countries
  • The group operates primarily in Western Europe, North America, the Asia Pacific region, and the Middle East
  • Offers a wide range of products and services including life insurance & savings, property & casualty insurance and asset management
  • AXA Asia has successful partnership with dominant market players like Krungthai bank in Thailand, Bank Mandiri in Indonesia and ICBC in China

Ownership Structure









Company Milestones

  1. 1962

    AXA's predecessor company, The Cardinal Life Insurance Corporation was incorporated in the Philippines

  2. 1977

    Renamed Pan-Philippine Life Insurance Corporation

  3. 1997

    Renamed Metro Philippines Life Insurance Corporation

  4. 1999

    The AXA Group, through its Asia Pacific subsidiary, AXA Asia Pacific Holdings Limited, formed a joint venture with Metrobank's investment bank, First Metro Investment Corporation, and Ausan Resources Corporation through the acquisition of the capital stock of Metro Philippines Life Insurance Corporation; Renamed as Philippines AXA Life Insurance Corporation

  5. 2003

    AXA received a license to sell variable or investment-linked life insurance products by the Philippines Insurance Commission

  6. 2004

    AXA received Bangko Sentral ng Pilipinas approval to conduct bancassurance activities in the Philippines

  7. 2009

    Ausan's shareholdings in AXA were transferred to GT Capital Holdings; became the Philippines' top life insurer in terms of first year premiums in 2009

  8. 2016

    AXA Philippines acquires general insurance company Charter Ping An, now allowing AXA to provide a more complete bancassurance product offering

  9. 2023

    AXA Philippines finalizes merger with Charter Ping An, with AXA Philippines as the surviving entity

Company Highlights

AXA Philippines acquires Charter Ping An

AXA establishes bancassurance partnership with PSBank

AXA Cebu Business Park inaugurated

AXA Health Day in selected Metrobank branches

Back to Top