In 2020, the total losses incurred for non-life insurance or general insurance business in the Philippines amounted to approximately 20.92 billion Philippine pesos. Incurred losses pertain to claims paid to indemnify the insured, based on the coverage outlined in the policy contract.
Incurred losses for non-life insurance business in the Philippines from 2015 to 2020
(in billion Philippine pesos)
Characteristic
Value of incurred losses in billion Philippine pesos
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issuu . (November 2, 2021). Incurred losses for non-life insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/
issuu . "Incurred losses for non-life insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos)." Chart. November 2, 2021. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/
issuu . (2021). Incurred losses for non-life insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/
issuu . "Incurred Losses for Non-life Insurance Business in The Philippines from 2015 to 2020 (in Billion Philippine Pesos)." Statista, Statista Inc., 2 Nov 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/
issuu , Incurred losses for non-life insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/ (last visited November 13, 2024)
Incurred losses for non-life insurance business in the Philippines from 2015 to 2020 (in billion Philippine pesos) [Graph], issuu , November 2, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1058038/philippines-incurred-losses-non-life-insurance-business/