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Ceded premiums for non-life insurance Philippines 2015-2020

Published by Statista Research Department, Jan 12, 2022
In 2020, the value of premiums ceded to a reinsurer by a direct writing company for non-life insurance in the Philippines was about 41.68 billion Philippines pesos. Ceded premiums are premiums that a cedent pays to a reinsurer in exchange for covering their loss exposure to risks in a policy or a group of policies.

Total value of ceded premiums by direct writing companies for non-life insurance in the Philippines from 2015 to 2020 (in billion Philippine pesos)

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Sources

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Release date

November 2021

Region

Philippines

Survey time period

2015 to 2020

Special properties

excluding Government Service Insurance System (GSIS)

Supplementary notes

One Philippine peso is equal to 0.02 U.S. dollars and 0.017 euros as of January 2022.
Figures have been rounded.

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