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Variable life insurance annual premium on new business Philippines 2014-2020

Published by Statista Research Department, Mar 28, 2023
In 2020, the annual premium on new business generated for variable life insurance amounted to about 32.04 billion Philippine pesos, reflecting a decrease compared to the previous year. The number of new policies for this type of insurance also declined in that year.

Annual premium value on new business for variable 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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