The premium income from traditional life insurance written by life insurance companies in the Philippines reached approximately 105.2 billion Philippine pesos in 2023. Life insurance is a type of insurance where, upon the death of the insured person, the insurer guarantees the policyholder a sum of money outlined in the policy contract.
Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023
(in billion Philippine pesos)
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of March 2024.
Figures have been rounded.
Figures prior to 2022 came from earlier reporting.
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Insurance Commission. (March 20, 2024). Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023 (in billion Philippine pesos) [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/
Insurance Commission. "Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023 (in billion Philippine pesos)." Chart. March 20, 2024. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/
Insurance Commission. (2024). Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/
Insurance Commission. "Premium Income from Traditional Life Insurance Written by Life Insurance Companies in The Philippines from 2017 to 2023 (in Billion Philippine Pesos)." Statista, Statista Inc., 20 Mar 2024, https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/
Insurance Commission, Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/ (last visited October 10, 2024)
Premium income from traditional life insurance written by life insurance companies in the Philippines from 2017 to 2023 (in billion Philippine pesos) [Graph], Insurance Commission, March 20, 2024. [Online]. Available: https://www.statista.com/statistics/1058972/philippines-premium-income-life-insurance-by-private-insurers/