The Philippines Insurance Commission published first-half 2025 performance figures for the non-life insurance industry, showing net premiums written of PHP 39.63 billion, up 20.48% year on year. Claims paid also rose, with losses incurred increasing 32.67% to PHP 15.69 billion, while net income increased 2.71% to PHP 5.12 billion. Premiums earned totalled PHP 37.08 billion (up 20.63%) and gross premiums written reached PHP 65.60 billion (up 9.92%). Motor Car remained the largest line, contributing 40.52% of total net premiums written and growing 16.20% to PHP 16.06 billion (an increase of PHP 2.24 billion). Balance sheet indicators also rose, including total assets to PHP 377.21 billion (up 5.72%), liabilities to PHP 239.25 billion (up 3.93%), net worth to PHP 137.97 billion (up 8.98%), paid-up capital to PHP 48.47 billion (up 7.77%), and invested assets to PHP 184.51 billion (up 5.54%).
Philippines Insurance Commission 2025-08-27
Philippines Insurance Commission reports 20.48% increase in non-life insurers’ net premiums written to PHP 39.63bn in H1 2025
The Philippines Insurance Commission released first-half 2025 data for the non-life insurance sector, reporting a 20.48% increase in net premiums written to PHP 39.63 billion. Claims paid rose 32.67% to PHP 15.69 billion, while net income grew 2.71% to PHP 5.12 billion. Motor Car insurance remained dominant, contributing 40.52% of total net premiums written, with a 16.20% growth to PHP 16.06 billion.