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Premiums earned for marine and aviation insurance business Philippines 2013-2017

Published by Statista Research Department, Jun 21, 2021
In 2017, around two 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 2013 to 2017 (in billion Philippine pesos)

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Sources

Release date

June 2019

Region

Philippines

Survey time period

2013 to 2017

Special properties

values include premiums from the Government Service Insurance System (GSIS).

Supplementary notes

One Philippine peso is equal to 0.019 U.S. dollars or 0.017 euros as of October 2019.

Figures have been rounded off.

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