In 2020, the annual premium on new business generated for variable life insurance amounted to about 32.04 billion Philippine pesos, reflecting a decrease compared to the previous year. The number of new policies for this type of insurance also declined in that year.
Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020
(in billion Philippine pesos)
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Premium value in billion Philippine pesos
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Insurance Commission. (January 10, 2023). Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. "Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos)." Chart. January 10, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. (2023). Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. "Annual Premium Value on New Business for Variable Life Insurance in The Philippines from 2014 to 2020 (in Billion Philippine Pesos)." Statista, Statista Inc., 10 Jan 2023, https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission, Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/ (last visited August 24, 2024)
Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) [Graph], Insurance Commission, January 10, 2023. [Online]. Available: https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/