As of December 2022, the total net worth of the pre-need insurance industry in the Philippines amounted to approximately 21billion Philippine pesos. In that same period, about 744 thousand pre-insurance plans were sold in the country, the majority of which were life plans.
Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos)
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Statistics on Insurance industry in the Philippines
Overview
4
Key indicators
4
Life insurance
4
- Premium Statistic Premium income of life insurance industry Philippines 2016-2021
- Premium Statistic Sum assured of life insurance industry Philippines 2016-2021
- Premium Statistic Insurance density of life insurance Philippines 2013-2021
- Premium Statistic Number of newly insured people Philippines 2016-2021
Health insurance
6
- Premium Statistic Share of registered members PhilHealth Philippines 2022, by sector
- Premium Statistic Number of beneficiaries of PhilHealth Philippines 2022, by membership category
- Premium Statistic Value of claims paid by PhilHealth Philippines 2022, by membership
- Premium Statistic Premium contributions of PhilHealth members Philippines 2022, by category
- Premium Statistic Total assets of HMOs Philippines 2016-2021
- Premium Statistic Total number of licensed HMOs Philippines 2016-2021
General insurance
4
- Premium Statistic Assets of the non-life insurance industry Philippines 2015-2022
- Premium Statistic Liabilities of the non-life insurance industry Philippines 2018-2022
- Premium Statistic Net worth of the non-life insurance sector Philippines 2018-2022
- Premium Statistic Non-life insurance density in the Philippines 2013-2021
Pre-need insurance
4
- Premium Statistic Number of pre-need insurance plans sold Philippines 2022, by type
- Premium Statistic Assets of pre-need insurance sector Philippines 2020-2022
- Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2022
- Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2022
Leading companies
6
- Premium Statistic Major life insurance companies Philippines 2022, by premium income
- Premium Statistic Major life insurance companies Philippines 2022, by assets
- Premium Statistic Major non-life insurance companies Philippines 2022, by gross premiums written
- Premium Statistic Major non-life insurance companies Philippines 2022, by assets
- Premium Statistic Major reinsurance brokers Philippines 2021, by premiums produced
- Premium Statistic Major health maintenance companies Philippines 2021, by revenue
Consumer perspective
6
- Premium Statistic Attitude about insurance Philippines 2022
- Premium Statistic Insurance purchased online Philippines 2022, by type
- Premium Statistic Preferred platforms for purchasing online insurance Philippines 2022
- Premium Statistic Payment channels for investments or insurance payments Philippines 2021
- Premium Statistic Share of banking or insurance app users Philippines 2022
- Premium Statistic Share of people buying travel insurance post-COVID Philippines 2022
Further related statistics
21
- Assets of pre-need insurance sector Philippines 2020-2022
- Net worth of pre-need insurance sector Philippines 2020-2022
- European insurance market: total P&C claims paid in France 2016-2020
- Personal accidents and travel insurance gross written premiums in Ireland 2019
- Liability insurance gross written premiums in Ireland 2019
- Net premiums written by insurance companies in the U.S. 2005-2021
- Net premiums written for marine insurance Japan FY 2012-2021, by type
- Marine insurance producer price index (PPI) in Japan 2013-2022
- Gross premiums written for capital redemption contracts in Finland 2020, by company
- Market share of Danica Pension 2008-2020
- Market share of PensionDanmark 2008-2020
- Premium income from personal accident insurance of cooperatives in Japan FY 2016-2021
- Claims and benefits of Danica Pension 2009-2021
- Number of insured individuals in PFA Pension 2010-2021
- Leading travel assistance insurance companies in Bulgaria Q4 2021
- Insurance premium income YoY growth APAC 2021, by market and insurance type
- Insurance premium income APAC 2021, by market and insurance type
- Property and casualty insurance claims paid in France 2013-2021, by segment
- Market share of PFA Pension 2008-2020
- Value of non-life insurance companies in India from gross direct premiums FY 2016-21
- Number of non-life insurance policies issued FY 2016-2019
Further Content: You might find this interesting as well
Insurance Commission. (March 13, 2023). Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos) [Graph]. In Statista. Retrieved May 28, 2023, from https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. "Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos)." Chart. March 13, 2023. Statista. Accessed May 28, 2023. https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. (2023). Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: May 28, 2023. https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission. "Total Net worth of The Pre-need Insurance Industry in The Philippines from 2020 to 2022 (in Billion Philippine Pesos)." Statista, Statista Inc., 13 Mar 2023, https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/
Insurance Commission, Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/ (last visited May 28, 2023)
Total net worth of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos) [Graph], Insurance Commission, March 13, 2023. [Online]. Available: https://www.statista.com/statistics/1300117/philippines-net-worth-of-pre-need-insurance-sector/