The insurance density of life insurance and mutual benefit associations (MBA) in the Philippines amounted to approximately 2,905.9 Philippine pesos in 2022, according to preliminary data. The average spending by each individual on life insurance has increased overall since 2015.
Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022
(in 1,000 Philippine pesos)
*Preliminary figures.
Figures have been rounded.
One Philippines peso is equal to 0.018 U.S. dollars and 0.016 euros as of February 2024.
Figures prior to 2018 came from earlier reporting.
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Insurance Commission. (January 25, 2024). Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022 (in 1,000 Philippine pesos) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/
Insurance Commission. "Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022 (in 1,000 Philippine pesos)." Chart. January 25, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/
Insurance Commission. (2024). Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022 (in 1,000 Philippine pesos). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/
Insurance Commission. "Insurance Density of Life Insurance and Mutual Benefit Associations (Mba) in The Philippines from 2013 to 2022 (in 1,000 Philippine Pesos)." Statista, Statista Inc., 25 Jan 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/
Insurance Commission, Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022 (in 1,000 Philippine pesos) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/ (last visited November 10, 2024)
Insurance density of life insurance and mutual benefit associations (MBA) in the Philippines from 2013 to 2022 (in 1,000 Philippine pesos) [Graph], Insurance Commission, January 25, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1060004/philippines-insurance-density-of-life-insurance/
