Philippines General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027

Abstract

GlobalData's 'Philippines General Insurance Market Size and Trends by Line of Business, Distribution, Competitive Landscape and Forecast to 2027' report provides in-depth market analysis, information, and insights into the Philippine general insurance segment.

This report provides a detailed outlook by product category for the Philippine general insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2018-22) and forecast period (2023-27).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Philippine economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData's research, modeling, and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

• Key insights and dynamics of the Philippine general insurance segment.
• A comprehensive overview of the Philippine economy, government initiatives, and investment opportunities.
• The Philippine insurance regulatory framework's evolution, key facts, taxation regime, licensing, and capital requirements.
• The Philippine general insurance industry's market structure giving details of lines of business.
• The Philippine general reinsurance business' market structure giving details of premium ceded along with cession rates.
• Distribution channels deployed by the Philippine general insurers.
• Details of the competitive landscape and competitors' profiles.

Scope

This report provides a comprehensive analysis of the general insurance segment in the Philippines -

• It provides historical values for the Philippine general insurance segment for the report's 2018-22 review period, and projected figures for the 2023-27 forecast period.
• It profiles the top general insurance companies in the Philippines and outlines the key regulations affecting them.

Reasons to Buy

• Make strategic business decisions using in-depth historical and forecast market data related to the Philippine general insurance segment.
• Understand the demand-side dynamics, key market trends, and growth opportunities in the Philippine general insurance segment.
• Assess the competitive dynamics in the general insurance segment.
• Identify growth opportunities and market dynamics in key product categories.