Markets Details - Philippines


Supervisory Authority

Insurance Commission
Business Address
1071, United Nations Avenue, Ermita Manila,
Philippines
Tel: 63-2-404 1758 (Direct), 523 8461-70 (Trunk Line)
Fax: 63-2-522 1434
Email: pubassist@insurance.gov.ph
Website: www.insurance.gov.ph
 
Insurance Associations

Actuarial Society of the Philippines, Inc
Business Address
Unit 819 Cityland 10, Tower 2, HV dela Costa Street,
Salcedo Village, Makati City, Philippines
Tel: 63-2-892 0693 Fax: 63-2-814 0824
Email: actuarial@pldtdsl.net
Website: www.actuary.org.ph
 

Philippine Insurers and Reinsurers Association (PIRA, Inc)
Business Address
6th Floor, Champaca II Building, 162 L P Leviste
Street, Salcedo Village, Makati City, Philippines
Tel: 63-2-811 4587 / 4589 Fax: 63-2-813 8415
Email: pira@pirainc.com.ph
Website: www.pirainc.com.ph
 

Philippine Life Insurance Association, Inc (PLIA)
Business Address
Suite 54, Legaspi Suites, 178 Salcedo Street, Legaspi
Village, Makati City 1229, Philippines
Tel: 63-2-893 0311 Fax: 63-2-812 1552
Email: plia@plia.org.ph
Website: www.plia.org.ph
 
Educational and Insurance Institutions

Insurance Institute for Asia and the Pacific, Inc
Business Address
26th Floor, Ayala Life-FGU Center, 6811 Ayala Avenue,
Makati City, Philippines
Tel: 63-2-887 7442 / 7444 to 46
Fax: 63-2-887 7443
Email: education@iiap.com.ph
Website: www.iiap.com.ph
 

Statistics

Premium volume (in millions)
Total Prem : USD 3,496
Life Prem : USD 2,265
Non-life Prem :  USD 1,231
   
Insurance Penetration (2011)
Premiums as a % of GDP
Total Biz 1.40%
 
Insurance Density (2011)
Premiums per capita in USD
Total Biz
36
   
Source: Swiss Re - Sigma report.

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