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Total value of variable life insurance premium income Philippines 2017-2022

Published by Statista Research Department, Mar 28, 2023
The premium income from variable life insurance written by life insurance companies in the Philippines stood at approximately 214.52 billion Philippine pesos in 2022, indicating a decrease from the previous year's value. Variable life insurance is a type of life insurance that has an additional investment benefit aside from death, disability, and living benefits.

Premium income from variable life insurance written by life insurance companies in the Philippines from 2017 to 2022 (in billion Philippine pesos)

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Source

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Release date

March 2023

Region

Philippines

Survey time period

2017 to 2022

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of March 2023.
Figures prior to 2021 came from earlier reporting.

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