The total net worth of the insurance industry in the Philippines amounted to approximately 461 billion Philippine pesos in 2023, reflecting a significant increase compared to the previous year. Net worth represents the value of the difference between assets and liabilities.
Total net worth of the insurance industry in the Philippines from 2014 to 2023
(in billion Philippine pesos)
Characteristic
Net worth in billion Philippine pesos
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including the net worth of Mutual Benefit Associations (MBA)
Supplementary notes
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of March 2024.
Figures have been rounded.
Figures prior to 2022 came from previous reporting.
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Insurance Commission. (March 25, 2024). Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. "Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos)." Chart. March 25, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. (2024). Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. "Total Net worth of The Insurance Industry in The Philippines from 2014 to 2023 (in Billion Philippine Pesos)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission, Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/ (last visited July 22, 2024)
Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) [Graph], Insurance Commission, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/