THE insurance industry posted a single-digit rise in its premium income last year, Insurance Commission (IC) reported on Tuesday.

In a statement, Insurance Commissioner Dennis Funa announced that the industry’s total premium income hit P304.64 billion in 2019, a 4.99-percent increase from P290.15 billion reported last year.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details