Incurred losses for marine and aviation insurance business Philippines 2013-2017

The total losses incurred for marine and aviation insurance businesses in the Philippines amounted to about 523 million Philippine pesos in 2017. The value of claims paid to indemnify losses for marine and aviation businesses has fluctuated over the past five years.

Incurred losses for marine and aviation insurance business in the Philippines from 2013 to 2017

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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.

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