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Gross premiums earned for non-life insurance Philippines 2020, by business type

Published by Statista Research Department, Feb 23, 2023
In 2020, the total value of gross premiums earned by direct writing companies for fire insurance in the Philippines amounted to around 37.23 billion Philippine pesos - the highest across the other lines of business. In comparison, about 26.7 billion worth of premium earnings were attributed to motor car insurance.

Value of gross premiums earned by direct writing companies for non-life insurance in the Philippines in 2020, by line of business (in billion Philippine pesos)

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Release date

October 2021

Region

Philippines

Survey time period

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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Statistics on Insurance industry in the Philippines

Overview

4

Key indicators

3

Life insurance

4

Health insurance

7

General insurance

6

Pre-need insurance

4

Leading companies

5

Consumer perspective

5

Further related statistics

18

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