News Non-Life21 Jun 2024

Philippines:General insurance industry to reach US$3.8bn in 2028

| 21 Jun 2024

The Philippines' general insurance industry is set to grow at a compound annual growth rate (CAGR) of 9.5% from PHP145.4bn ($2.6bn) in 2024 to PHP209.0bn ($3.8bn) in 2028, in terms of gross written premiums (GWP), forecasts GlobalData, a leading data and analytics company.

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