In 2022, there were 89 licensed insurance companies in the Philippines, reflecting a decrease in comparison to the previous year. In the same year, there were over 272 thousand insurance sales agents, brokers, and underwriters in the country.
Total number of licensed insurance companies in the Philippines from 2016 to 2022
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Number of companies
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Insurance Commission. (January 25, 2024). Total number of licensed insurance companies in the Philippines from 2016 to 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/
Insurance Commission. "Total number of licensed insurance companies in the Philippines from 2016 to 2022." Chart. January 25, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/
Insurance Commission. (2024). Total number of licensed insurance companies in the Philippines from 2016 to 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/
Insurance Commission. "Total Number of Licensed Insurance Companies in The Philippines from 2016 to 2022." Statista, Statista Inc., 25 Jan 2024, https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/
Insurance Commission, Total number of licensed insurance companies in the Philippines from 2016 to 2022 Statista, https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/ (last visited July 22, 2024)
Total number of licensed insurance companies in the Philippines from 2016 to 2022 [Graph], Insurance Commission, January 25, 2024. [Online]. Available: https://www.statista.com/statistics/1299413/philippines-number-of-licensed-insurance-companies/