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)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Insurance Commission. (January 10, 2023). Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) [Graph]. In Statista. Retrieved October 11, 2024, from https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. "Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos)." Chart. January 10, 2023. Statista. Accessed October 11, 2024. https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. (2023). Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: October 11, 2024. https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission. "Annual Premium Value on New Business for Variable Life Insurance in The Philippines from 2014 to 2020 (in Billion Philippine Pesos)." Statista, Statista Inc., 10 Jan 2023, https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/
Insurance Commission, Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/ (last visited October 11, 2024)
Annual premium value on new business for variable life insurance in the Philippines from 2014 to 2020 (in billion Philippine pesos) [Graph], Insurance Commission, January 10, 2023. [Online]. Available: https://www.statista.com/statistics/1059061/philippines-annual-premium-on-new-business-variable-life-insurance/