As of December 2023, the total net worth of the pre-need insurance industry in the Philippines reached 23 billion Philippine pesos. In that same period, about 749 thousand pre-insurance plans were sold in the country, the majority of which were life plans.
Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023
(in billion Philippine pesos)
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 2021 came from earlier reporting.
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Insurance Commission. (March 8, 2024). Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023 (in billion Philippine pesos) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. "Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023 (in billion Philippine pesos)." Chart. March 8, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. (2024). Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. "Total Net worth of The Pre-need Insurance Industry in The Philippines from 2020 to 2023 (in Billion Philippine Pesos)." Statista, Statista Inc., 8 Mar 2024, https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission, Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/ (last visited November 21, 2024)
Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2023 (in billion Philippine pesos) [Graph], Insurance Commission, March 8, 2024. [Online]. Available: https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
