Premium income of pre-need insurance sector Philippines 2020-2022

Published by Statista Research Department, Mar 28, 2023
As of December 2022, the total premium income of the pre-need insurance industry in the Philippines amounted to approximately 21 billion 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 premium income of the pre-need insurance industry in the Philippines from 2020 to 2022 (in billion Philippine pesos)

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Release date

March 2023

Region

Philippines

Survey time period

2020 to 2022

Supplementary notes

One Philippines peso is equal to 0.018 U.S. dollars and 0.017 euros as of March 2023.
Figures have been rounded.
Figures prior to 2021 came from earlier reporting.

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