Established on June 21, 1947 by Cornelius Vander Starr with Earl Carroll as founding president, Philam Life served as a “house of savings” to help Filipinos recover from the ravages of World War II.

The Philippine American Life and General Insurance Company (also commonly known by its trade name, Philam Life) is an insurance company based in the Philippines. It is currently the largest life insurance company in the Philippines in terms of assets, net worth, investment and paid-up capital.