The total net worth of the insurance industry in the Philippines amounted to approximately 461 billion Philippine pesos in 2023, reflecting a significant increase compared to the previous year. Net worth represents the value of the difference between assets and liabilities.
Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos)
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Other statistics that may interest you Insurance industry in the Philippines
Overview
4
- Premium Statistic GVA from insurance and pension funding Philippines 2018-2023
- Premium Statistic Insurance penetration Philippines 2016-2023
- Premium Statistic Export value of insurance and pension services Philippines 2018-2023
- Premium Statistic Number of licensed insurance companies Philippines 2016-2022
Key indicators
5
- Premium Statistic Premiums of the insurance industry Philippines 2016-2023
- Premium Statistic GNI contribution of the insurance premiums Philippines 2013-2022
- Premium Statistic Assets of the insurance industry Philippines 2013-2023
- Premium Statistic Net worth of the insurance sector Philippines 2014-2023
- Premium Statistic Insurance density Philippines 2022, by type
Life insurance
4
- Premium Statistic Premium income of life insurance industry Philippines 2016-2022
- Premium Statistic Sum assured of life insurance industry Philippines 2016-2022
- Premium Statistic Insurance density of life insurance and MBA Philippines 2013-2022
- Premium Statistic Number of newly insured people with a life insurance Philippines 2016-2022
Pre-need insurance
4
- Premium Statistic Number of pre-need insurance plans sold Philippines 2023, by type
- Premium Statistic Assets of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Net worth of pre-need insurance sector Philippines 2020-2023
- Premium Statistic Premium income of pre-need insurance sector Philippines 2020-2023
Health insurance
6
- Premium Statistic Share of registered members PhilHealth Philippines 2023, by sector
- Premium Statistic Number of beneficiaries of PhilHealth Philippines 2022-2023, by membership category
- Premium Statistic Value of claims paid by PhilHealth Philippines 2023, by membership
- Premium Statistic Premium contributions of PhilHealth members Philippines 2023, by category
- Premium Statistic Total assets of HMOs Philippines 2016-2022
- Premium Statistic Total number of licensed HMOs Philippines 2016-2022
General insurance
8
- Premium Statistic Liabilities of the non-life insurance industry Philippines 2018-2023
- Premium Statistic Net worth of the non-life insurance sector Philippines 2018-2023
- Premium Statistic Non-life insurance density in the Philippines 2013-2022
- Premium Statistic Gross premiums written for non-life insurance Philippines 2015-2021
- Premium Statistic Gross premiums for non-life insurance Philippines 2021, by type
- Premium Statistic Share of direct premiums written for non-life insurance Philippines 2021, by business
- Premium Statistic Gross premiums written for fire insurance Philippines 2015-2021
- Premium Statistic Gross premiums direct business motor car insurance Philippines 2015-2021
Leading companies
6
- Premium Statistic Major life insurance companies Philippines 2023, by premium income
- Premium Statistic Major life insurance companies Philippines 2023, by assets
- Premium Statistic Major health maintenance companies Philippines Q4 2023, by revenue
- Premium Statistic Major non-life insurance companies Philippines 2023, by gross premiums written
- Premium Statistic Major non-life insurance companies Philippines 2023, by assets
- Premium Statistic Major reinsurance brokers Philippines 2022, by premiums produced
Consumer perspective
3
Further related statistics
18
- Insurance premiums in France 2015, by type
- Total direct premiums in the insurance sector Thailand 2017-2019
- Contribution of total insurance premiums to GDP Thailand 2016-Q2 2023
- Number of insurance agents Thailand 2022, by category
- Number of insurance companies Thailand Q2 2023, by category
- Leading non-life insurance companies Myanmar 2020, by number of policies
- Leading non-life insurance companies Myanmar 2020, by policy value
- Number of new variable life insurance policies Philippines 2013-2020
- Payments of Italian insurance company UnipolSai Assicurazioni 2016-2020, by sector
- Number of new traditional life insurance policies Philippines 2013-2020
- Leading mutual life and health insurance companies in the U.S. 2020, by revenue
- Value of insurance premiums in Sub-Saharan Africa 2014, by country
- Real growth in non-life insurance premiums in the MENA 20112016
- Leading non-life insurers in Japan FY 2020, by net profit
- Life and non-life insurance gross claim payments in Poland 2017-2023
- Tech Mahindra net worth FY 2016-2023
- Gland Pharma net worth FY 2018-2023
- Total number of premiums for life insurances written in India FY 2016-2021
Further Content: You might find this interesting as well
Statistics
- Insurance premiums in France 2015, by type
- Total direct premiums in the insurance sector Thailand 2017-2019
- Contribution of total insurance premiums to GDP Thailand 2016-Q2 2023
- Number of insurance agents Thailand 2022, by category
- Number of insurance companies Thailand Q2 2023, by category
- Leading non-life insurance companies Myanmar 2020, by number of policies
- Leading non-life insurance companies Myanmar 2020, by policy value
- Number of new variable life insurance policies Philippines 2013-2020
- Payments of Italian insurance company UnipolSai Assicurazioni 2016-2020, by sector
- Number of new traditional life insurance policies Philippines 2013-2020
- Leading mutual life and health insurance companies in the U.S. 2020, by revenue
- Value of insurance premiums in Sub-Saharan Africa 2014, by country
- Real growth in non-life insurance premiums in the MENA 20112016
- Leading non-life insurers in Japan FY 2020, by net profit
- Life and non-life insurance gross claim payments in Poland 2017-2023
- Tech Mahindra net worth FY 2016-2023
- Gland Pharma net worth FY 2018-2023
- Total number of premiums for life insurances written in India FY 2016-2021
Insurance Commission. (March 25, 2024). Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. "Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos)." Chart. March 25, 2024. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. (2024). Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission. "Total Net worth of The Insurance Industry in The Philippines from 2014 to 2023 (in Billion Philippine Pesos)." Statista, Statista Inc., 25 Mar 2024, https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/
Insurance Commission, Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/ (last visited June 01, 2024)
Total net worth of the insurance industry in the Philippines from 2014 to 2023 (in billion Philippine pesos) [Graph], Insurance Commission, March 25, 2024. [Online]. Available: https://www.statista.com/statistics/1058497/philippines-net-worth-insurance-industry/