Premiums earned for marine and aviation insurance business Philippines 2015-2020

Published by Statista Research Department, Jan 13, 2023
In 2020, around 1.67 billion Philippine pesos worth of premiums were earned by direct writing companies for marine and aviation insurance in the Philippines. An earned premium is gained after the obligation of the insurers to the policyholders ceases once the policy has reached its expiry or a portion of the policy has expired.

Total value of premiums earned by direct writing companies for marine and aviation insurance in the Philippines from 2015 to 2020 (in billion Philippine pesos)

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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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