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Net value of risks written for non-life insurance Philippines 2015-2020

Published by Statista Research Department, Jan 13, 2023
In 2020, the net value of the risks written for non-life insurance in the Philippines amounted to approximately 42.23 trillion Philippine pesos. An insurance risk pertains to the cost of a risk or threat that is covered in an insurance policy.

Net value of risks written for non-life insurance in the Philippines from 2015 to 2020 (in trillion 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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Key indicators

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Life insurance

4

Health insurance

7

General insurance

6

Pre-need insurance

4

Leading companies

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Consumer perspective

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