FWD Insurance is the top 4 insurer in the country based on New Business Annualized Premium Equivalent (NBAPE), the unaudited Insurance Commission financial report indicates. It was a big leap from the previous eighth position in 2019, with the Insurer posting a 43% increase in premiums to over Php13Bn, and 39% growth in assets to almost Php20Bn from 2019 to 2020.