At the Philippines Insurance Commission’s 77th anniversary, Finance Secretary Frederick Go reviewed the insurance industry’s 2025 performance, including total premiums exceeding PHP 500 billion for the first time. Industry assets rose to PHP 2.66 trillion, with most supporting government securities and domestic investments. Health maintenance organizations paid PHP 12.10 billion in healthcare benefits and claims, while pre-need premium income reached PHP 23.94 billion in the fourth quarter. Go called for stronger consumer protection and digital systems, further development of Takaful, microinsurance and accident coverage, and closer cooperation with regional and global partners.
2026-03-20Philippines Insurance Commission
Philippines Insurance Commission reviews record 2025 performance as premiums top PHP 500 billion
The Philippines Insurance Commission recorded total insurance premiums above PHP 500 billion for the first time in 2025, while industry assets reached PHP 2.66 trillion. Finance Secretary Frederick Go called for stronger consumer protection, digital transformation and broader development of inclusive insurance products.