The Philippines' Mutual Benefit Associations (MBAs) issued premiums amounting to a little over 11 billion Philippine pesos in 2019. The association aims to provide financial support to its members and their dependents in the form of death and sickness benefits, provident savings, and loan redemption assistance.
Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2019
(in billion Philippine pesos)
*Figure are inclusive of Servicing Companies.
One Philippine peso is equal to 0.02 U.S. dollars and 0.017 euros as of August 2021.
Figures have been rounded.
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Insurance Commission. (November 20, 2020). Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2019 (in billion Philippine pesos) [Graph]. In Statista. Retrieved January 25, 2022, from https://www.statista.com/statistics/1184282/philippines-issued-premiums-mutual-benefit-associations/
Insurance Commission. "Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2019 (in billion Philippine pesos)." Chart. November 20, 2020. Statista. Accessed January 25, 2022. https://www.statista.com/statistics/1184282/philippines-issued-premiums-mutual-benefit-associations/
Insurance Commission. (2020). Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2019 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: January 25, 2022. https://www.statista.com/statistics/1184282/philippines-issued-premiums-mutual-benefit-associations/
Insurance Commission. "Premiums Value Issued by The Mutual Benefit Associations (Mbas) in The Philippines from 2014 to 2019 (in Billion Philippine Pesos)." Statista, Statista Inc., 20 Nov 2020, https://www.statista.com/statistics/1184282/philippines-issued-premiums-mutual-benefit-associations/
Insurance Commission, Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2019 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1184282/philippines-issued-premiums-mutual-benefit-associations/ (last visited January 25, 2022)
