In 2020, the total losses incurred for motor car insurance businesses in the Philippines was approximately 10.95 billion Philippine pesos. The value of claims paid to indemnify policyholders due to motor car accidents was highest in 2019.
Incurred losses for motor car insurance business in the Philippines from 2015 to 2020
(in billion Philippine pesos)
Characteristic
Value of incurred losses in billion Philippine pesos
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issuu . (November 2, 2021). Incurred losses for motor car insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/
issuu . "Incurred losses for motor car insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos)." Chart. November 2, 2021. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/
issuu . (2021). Incurred losses for motor car insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/
issuu . "Incurred Losses for Motor Car Insurance Business in The Philippines from 2015 to 2020 (in Billion Philippine Pesos)." Statista, Statista Inc., 2 Nov 2021, https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/
issuu , Incurred losses for motor car insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/ (last visited December 21, 2024)
Incurred losses for motor car insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) [Graph], issuu , November 2, 2021. [Online]. Available: https://www.statista.com/statistics/1058078/philippines-incurred-losses-motor-car-insurance-business/