The Philippines Insurance Commission published second-quarter 2025 industry statistics showing insurance penetration increased to 1.79% from 1.71% a year earlier, attributing the rise to premium growth. Total premiums for life and non-life products reached PHP 242.84 billion as of 30 June 2025, up 12.98% year on year, while insurance density increased 12.07% to PHP 2,137.32 per person. Life insurance premiums grew 12.01% to PHP 195.05 billion, including PHP 130.70 billion in variable life (+15.47%) and PHP 64.35 billion in traditional life (+5.59%). Non-life total net premiums written rose 20.48% to PHP 39.63 billion, and mutual benefit association contributions increased 3.09% to PHP 8.16 billion. The release also reported benefits payments of PHP 77.57 billion (+1.18%), net income of PHP 28.78 billion (+3.62%), invested assets of PHP 2.26 trillion (+10.70%), and total assets of PHP 2.54 trillion (+7.56%), alongside liabilities of PHP 2.05 trillion (+7.29%), net worth of PHP 493.76 billion (+8.70%), and paid-up capital and guaranty fund of PHP 84.98 billion (+7.95%).

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