Insurance premiums up 13% in third quarter

MANILA, Philippines — The Philippine insurance industry reported higher premium inflows, rising 13.25 percent to ₱372 billion in the third quarter of 2025. This was driven by stronger growth in traditional and variable life insurance. Latest data from the Insurance Commission showed that life insurance premiums totaled P299.45 billion, up by 13.77 percent year-on-year.  READ: Philippine insurance sector to outpace global growth The growth was led by both traditional and variable life plans, which rose 9.7 percent and 16 percent, respectively. Non-life insurance also edged higher by 13.07 percent to P60.07 billion. Contributions from mutual benefit associations also increased by […]... Keep on reading: Insurance premiums up 13% in third quarter