Traditional life insurance annual premiums on new business Philippines 2014-2020

Published by
Christy Balita,
Mar 28, 2023
In 2020, the annual premium on new business generated for traditional life insurance amounted to about 14.43 billion Philippine pesos, reflecting a decrease from the previous year's total. In that year, the number of new policies for this type of insurance also decreased.

Annual premium on new business generated for traditional life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos)

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Release date

January 2023

Region

Philippines

Survey time period

2014 to 2020

Supplementary notes

One Philippine peso is equal to 0.018 U.S. dollars and 0.017 euros as of January 2023.
Figures prior to 2016 came from earlier reporting.

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