The total assets of the insurance industry in the Philippines amounted to over two trillion Philippine pesos as of year end 2021. The total assets of the insurance industry showed a year-on-year growth over the past nine years.
Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$59 USD $39 USD / Month *
in the first 12 months
Professional Account
Full access
Corporate solution including all features.
* Prices do not include sales tax.
Statistics on Insurance industry in the Philippines
Overview
4
- Premium Statistic GVA from insurance and pension funding Philippines 2019-2021
- Premium Statistic GDP share of insurance Philippines 2016-2020
- Premium Statistic Number of licensed insurance companies Philippines 2016-2020
- Premium Statistic Value of coronavirus-related insurance claims Philippines 2020-2021
Key indicators
3
Life insurance
4
- Premium Statistic Premium income of life insurance industry Philippines 2016-2020
- Premium Statistic Sum assured of life insurance industry Philippines 2016-2020
- Premium Statistic Insurance density of life insurance Philippines 2013-2020
- Premium Statistic Number of newly insured people Philippines 2016-2020
Health insurance
7
- Premium Statistic Share of covered members PhilHealth Philippines 2021, by sector
- Premium Statistic Value of claims paid by PhilHealth Philippines 2021, by membership
- Premium Statistic Premium contributions of PhilHealth members in the Philippines 2021, by category
- Premium Statistic Total assets of HMOs Philippines 2016-2020
- Premium Statistic Total net worth of HMOs Philippines 2016-2020
- Premium Statistic Total liabilities of HMOs Philippines 2016-2020
- Premium Statistic Total number of licensed HMOs Philippines 2016-2020
General insurance
6
- Premium Statistic Assets of the non-life insurance industry in the Philippines 2015-2021
- Premium Statistic Liabilities of the non-life insurance industry in the Philippines 2015-2020
- Premium Statistic Net worth of the non-life insurance industry in the Philippines 2015-2020
- Premium Statistic Incurred losses for non-life insurance business Philippines 2020, by type
- Premium Statistic Net value of risks written for non-life insurance Philippines 2020, by type
- Premium Statistic Non-life insurance density in the Philippines 2013-2020
Pre-need insurance
4
- Premium Statistic Number of pre-need insurance plans sold Philippines 2021, by type
- Premium Statistic Assets of pre-need insurance sector Philippines 2020-2021
- Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2021
- Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2021
Leading companies
5
- Premium Statistic Major life insurance companies in the Philippines 2021, by premium income
- Premium Statistic Major life insurance companies in the Philippines 2021, by assets
- Premium Statistic Major non-life insurance companies Philippines 2021, by gross premiums written
- Premium Statistic Major non-life insurance companies Philippines 2021, by assets
- Premium Statistic Major reinsurance brokers Philippines 2021, by premiums produced
Consumer perspective
5
- Premium Statistic Insurance perspective among adults Philippines 2021
- Premium Statistic Popular insurance products among adults Philippines 2021
- Premium Statistic Impact of COVID-19 on the finances of insurance holders Philippines 2021
- Premium Statistic Preferred type of insurance Philippines 2021, by segment
- Premium Statistic Types of insurance consumers purchased online Philippines 2021, by segment
Further related statistics
9
- Value of invested assets of long-term insurance industry in South Africa 2013-2015
- Value of invested assets of short-term insurance industry in South Africa 2013-2015
- Return on assets of non-life insurance companies in Trinidad & Tobago 2008-2017
- Non-life insurance premiums to GDP ratio in Portugal 2005-2016
- Non-life insurance premiums to population ratio in Portugal 2005-2016
- Leading life insurance companies Myanmar 2019, by number of policies
- Leading non-life insurance companies Myanmar 2019, by number of policies
- Leading non-life insurance companies Myanmar 2019, by policy value
- Value of life insurance policies Myanmar 2019 by type
Further Content: You might find this interesting as well
Statistics
- Value of invested assets of long-term insurance industry in South Africa 2013-2015
- Value of invested assets of short-term insurance industry in South Africa 2013-2015
- Return on assets of non-life insurance companies in Trinidad & Tobago 2008-2017
- Non-life insurance premiums to GDP ratio in Portugal 2005-2016
- Non-life insurance premiums to population ratio in Portugal 2005-2016
- Leading life insurance companies Myanmar 2019, by number of policies
- Leading non-life insurance companies Myanmar 2019, by number of policies
- Leading non-life insurance companies Myanmar 2019, by policy value
- Value of life insurance policies Myanmar 2019 by type
Insurance Commission. (April 8, 2022). Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos) [Graph]. In Statista. Retrieved February 04, 2023, from https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/
Insurance Commission. "Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos)." Chart. April 8, 2022. Statista. Accessed February 04, 2023. https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/
Insurance Commission. (2022). Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos). Statista. Statista Inc.. Accessed: February 04, 2023. https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/
Insurance Commission. "Total Assets of The Insurance Industry in The Philippines from 2013 to 2021 (in Trillion Philippine Pesos)." Statista, Statista Inc., 8 Apr 2022, https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/
Insurance Commission, Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos) Statista, https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/ (last visited February 04, 2023)
Total assets of the insurance industry in the Philippines from 2013 to 2021 (in trillion Philippine pesos) [Graph], Insurance Commission, April 8, 2022. [Online]. Available: https://www.statista.com/statistics/1058437/philippines-assets-insurance-industry/