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Manila Bulletin devider Business devider Banking & Finance devider InLife completes Generali Philippines acquisition

InLife completes Generali Philippines acquisition

Published May 23, 2025 03:42 pm

InLife, the largest Filipino-owned life insurer, has completed its acquisition of Generali Life Assurance Philippines to create a stronger, more customer-focused organization after securing approvals from regulatory bodies. 

In a statement, Nina D. Aguas, InLife executive chairperson, said the agreement formalizing the local insurer’s acquisition of 100 percent of Generali's shareholdings was signed on Friday, May 23, 2025.

Aguas said that the acquisition is a union of cultures, legacies, and teams with a shared goal. 

She added that they are building a new organization that respects their history while looking to the future, with a strong emphasis on improved customer service.

However, Aguas stated that Generali will still operate as a separate subsidiary of InLife but will align under a unified strategy focusing on innovation, customer experience, and comprehensive life and health protection. She added that current services, contracts, and points of contact will remain the same.

Aguas said the merger demonstrates the companies’ shared vision of a more agile and customer-centric organization prepared for the evolving insurance industry. 

Aguas also announced the immediate appointment of Noemi G. Azura, InLife’s Corporate Solutions Head, as the President and CEO of the new subsidiary. 

Aguas noted her confidence in Azura's leadership to guide the new subsidiary and advance their mission. She added that this move supports their strategy to expand their presence in group insurance and health services, leveraging the combined strengths of InLife and Generali.

Related Tags

InLife Generali Life Assurance Philippines Nina D. Aguas InLife executive chairperson
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