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Yearly penetration rate of life insurance industry in the Philippines from 2015 to 2018

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Source

Release date

July 2020

Region

Philippines

Survey time period

2015 to 2018

Citation formats

Life insurance penetration rate yearly Philippines 2015-2018

Published by Jenny Yang, Nov 17, 2020
In 2018, the life insurance penetration rate in the Philippines was around *** percent. Over the last few years, the insurance industry has seen a steady development owing to the ratio of premiums underwritten from life and non-life insurance companies. In that same year, the penetration rate of the insurance industry in the country was about *** percent.
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