Insurance industry in the Philippines

Statistics report on insurance industry in the Philippines

Insurance industry in the Philippines

This report presents statistics about the insurance industry in the Philippines. It also presents statistics about key indicators in the insurance industry and figures on life, health, general insurance, and pre-insurance in the country. In addition, it contains the leading insurance companies by type of product and consumer perspective related to insurance.

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Table of contents

Overview

4
  • Premium Statistic GVA from insurance and pension funding Philippines 2018-2023
  • Premium Statistic Insurance penetration Philippines 2016-2023
  • Premium Statistic Export value of insurance and pension services Philippines 2018-2023
  • Premium Statistic Number of licensed insurance companies Philippines 2016-2022

Key indicators

5
  • Premium Statistic Premiums of the insurance industry Philippines 2016-2023
  • Premium Statistic GNI contribution of the insurance premiums Philippines 2013-2022
  • Premium Statistic Assets of the insurance industry Philippines 2013-2023
  • Premium Statistic Net worth of the insurance sector Philippines 2014-2023
  • Premium Statistic Insurance density Philippines 2022, by type

Life insurance

4
  • Premium Statistic Premium income of life insurance industry Philippines 2016-2022
  • Premium Statistic Sum assured of life insurance industry Philippines 2016-2022
  • Premium Statistic Insurance density of life insurance and MBA Philippines 2013-2022
  • Premium Statistic Number of newly insured people with a life insurance Philippines 2016-2022

Pre-need insurance

4
  • Premium Statistic Assets of pre-need insurance sector Philippines 2020-2023
  • Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2023
  • Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2023
  • Premium Statistic Number of pre-need insurance plans sold Philippines 2023, by type

Health insurance

6
  • Premium Statistic Share of registered members PhilHealth Philippines 2023, by sector
  • Premium Statistic Number of beneficiaries of PhilHealth Philippines 2022-2023, by membership category
  • Premium Statistic Value of claims paid by PhilHealth Philippines 2023, by membership
  • Premium Statistic Premium contributions of PhilHealth members Philippines 2023, by category
  • Premium Statistic Total assets of HMOs Philippines 2016-2022
  • Premium Statistic Total number of licensed HMOs Philippines 2016-2022

General insurance

9
  • Premium Statistic Liabilities of the non-life insurance industry Philippines 2018-2023
  • Premium Statistic Net worth of the non-life insurance sector Philippines 2018-2023
  • Premium Statistic Non-life insurance density in the Philippines 2013-2022
  • Premium Statistic Gross premiums written for non-life insurance Philippines 2015-2021
  • Premium Statistic Gross premiums for non-life insurance Philippines 2021, by type
  • Premium Statistic Share of direct premiums written for non-life insurance Philippines 2021, by business
  • Premium Statistic Gross premiums written for fire insurance Philippines 2015-2021
  • Premium Statistic Gross premiums direct business motor car insurance Philippines 2015-2021
  • Premium Statistic Incurred losses for non-life insurance business Philippines 2021, by type

Leading companies

6
  • Premium Statistic Major life insurance companies Philippines 2023, by premium income
  • Premium Statistic Major life insurance companies Philippines 2023, by assets
  • Premium Statistic Major health maintenance companies Philippines Q4 2023, by revenue
  • Premium Statistic Major non-life insurance companies Philippines 2023, by gross premiums written
  • Premium Statistic Major non-life insurance companies Philippines 2023, by assets
  • Premium Statistic Major reinsurance brokers Philippines 2022, by premiums produced

Consumer perspective

3
  • Premium Forecast Attitude about insurance Philippines 2024
  • Premium Statistic Popular insurance products among adults Philippines 2023
  • Premium Forecast Insurance purchased online Philippines 2024, by type
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