In 2021, the gross value of the premiums written by direct writing companies for non-life insurance in the Philippines amounted to approximately 104 billion Philippine pesos, indicating growth from the previous year. Gross premium is the total premium in an insurance policy before the brokerage fee or discounts are deducted.
Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021
(in billion Philippine pesos)
excluding Government Service Insurance System (GSIS)
Supplementary notes
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of May 2024.
Figures have been rounded.
Figures prior to 2017 came from earlier reporting.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
PIRA. (June 7, 2023). Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021 (in billion Philippine pesos) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/
PIRA. "Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021 (in billion Philippine pesos)." Chart. June 7, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/
PIRA. (2023). Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/
PIRA. "Total Value of Gross Premiums Written by Direct Writing Companies for Non-life Insurance in The Philippines from 2015 to 2021 (in Billion Philippine Pesos)." Statista, Statista Inc., 7 Jun 2023, https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/
PIRA, Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/ (last visited November 21, 2024)
Total value of gross premiums written by direct writing companies for non-life insurance in the Philippines from 2015 to 2021 (in billion Philippine pesos) [Graph], PIRA, June 7, 2023. [Online]. Available: https://www.statista.com/statistics/1056094/philippines-gross-premiums-written-for-non-life-insurance/
