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The Philippines has one of the fastest-growing and most promising life insurance
segments in Southeast Asia. During the reiew period !"##$-"#%"&' the segment
recorded a compound annual growth rate !CA(R& of %).*+ and alued P,P%*#.)
-illion !.S/*.% -illion& in "#%". The segment was dominated -y indiidual life and
term life insurance products' which collectiely accounted for $"+ of the
segment0s written premiums in "#%". Significant growth in unit-linked products was
also recorded due to changing consumer preferences. The life segment is
e1pected to e1pand further oer the forecast period' drien -y the country0s
growing economy' the increasing penetration of life insurance products and
upcoming regulatory reforms. The rising popularity of unit-linked products in
particular is e1pected to drie forecast-period growth in the segment.
Scope
2t proides historical alues for the Philippine life insurance segment for the report0s
"##$-"#%" reiew period and forecast figures for the "#%"-"#%3 forecast period
2t offers a detailed analysis of the key su--segments in the Philippine life insurance
segment' along with market forecasts until "#%3
2t analyses the arious distri-ution channels for life insurance products in the
Philippines
2t proides a detailed analysis of the reinsurance segment in the Philippines and its
growth prospects
2t profiles the top life insurance companies in the Philippines and outlines the key
regulations affecting them
Reportstack Contact -
contactus@reportstack.com
7ey 8enefits
9ake strategic -usiness decisions using in depth historic and forecast market data
related to the Philippine life insurance segment and each category within it
.nderstand the demand-side dynamics' key market trends and growth opportunities
within the Philippine life insurance segment
Assess the competitie dynamics in the life insurance segment' along with the
reinsurance segment
2dentify the growth opportunities and market dynamics within key product categories
(ain insights into key regulations goerning the Philippine insurance segment and its
impact on companies and the market:s future
Reportstack Contact -
contactus@reportstack.com
7ey ,ighlights
The Philippines has one of the fastest-growing and most promising life insurance
segments in Southeast Asia
During the reiew period !"##$-"#%"&' the segment recorded a compound annual
growth rate !CA(R& of %).*+ and alued P,P%*#.) -illion !.S/*.% -illion& in "#%"
Agencies formed the largest distri-ution channel in the Philippines during the
reiew period' and accounted for 3#.)+ of life insurance written premiums
generated in "#%"
The life segment is highly concentrated' with the %# leading companies collectiely
accounting for $$.;+ of the segment0s written premiums in "#%"
Reportstack Contact -
contactus@reportstack.com
Companies 9entioned
Contact
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Reportstack 9arket Research
AmailB de-ora@reportstack.com
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