Non-life insurance density in the Philippines 2013-2021

Published by Statista Research Department, Mar 20, 2023
Preliminary figures suggest that the insurance density of non-life insurance in the Philippines was 481.1 Philippine pesos in 2021, reflecting an increase from the previous year. The average spending of each individual in the Philippines on non-life insurance was highest in 2019.

Insurance density of non-life insurance in the Philippines from 2013 to 2021 (in Philippine pesos)

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Release date

January 2023

Region

Philippines

Survey time period

2013 to 2021

Supplementary notes

*Preliminary figures.
One Philippine peso is equal to 0.019 U.S. dollars and 0.017 euros as of March 2022.
Figures prior to 2016 came from earlier reporting.

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Statistics on Insurance industry in the Philippines

Overview

4

Key indicators

3

Life insurance

4

Health insurance

7

General insurance

6

Pre-need insurance

4

Leading companies

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Consumer perspective

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