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A Strategic Step for Enhanced Protection and Stability
Makati City, Philippines – Paramount Life & General Insurance Corporation (PLGIC) announces the successful expansion of its capabilities. Following the official approval from the Insurance Commission on December 4, 2025, PLGIC acquired the entire insurance portfolio of Pacific Cross Insurance, Inc. (PCII).
This strategic move is intended to deliver immediate and long-term benefits to PLGIC’s existing clients as well as to policyholders transitioning from PCII.
A Stronger Foundation for All Policyholders
With an expanded resource base and a larger pool of financial capital, PLGIC reinforces its financial strength and ability to meet policyholder claims. With over 75 years of experience successfully integrating prior acquisitions, the company is well positioned to address future challenges with confidence.
Expanded Protection and Expertise
The acquisition expands the product range under the PLGIC name. By integrating PCII's specialized medical insurance expertise, all clients now have access to a full suite of protection options.
Commitment to Partners
For agents, brokers, and partners, this consolidation establishes a stronger, more competitive, and stable platform. By unifying its strengths, the company ensures an enduring body that supports efforts in providing broad-ranging and innovative insurance solutions.
PLGIC sincerely appreciates the continued trust of its stakeholders. We are confident that this move will further strengthen our position as a leading, reliable, and comprehensive insurance provider in the Philippines.
Continued Use of the Pacific Cross Brand
This transfer is a significant development that allows the PCIl portfolio to benefit from the strength and extensive resources of one of the country's most established insurance companies. As we continue to use the Pacific Cross brand, we look forward to the synergy of PCII and PLGIC so that we can bring better services and products to the market.
Continuity of Service
While the integration process is ongoing, we want to assure all PCII policyholders and partners that it will be business as usual. You can expect no disruption to your existing policies, claims processing, or services.
You may continue to reach out to your agent or send an e-mail to inquiry@pacificcross.com.ph