OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Public Square
Expert: Steady growth in new life insurance premiums boon to PH economy
by The Manila Times
Jan 20, 2024 4:37 pm

THE Philippine Insurance Commission (IC) has reported that the life insurance sector's total premium revenues of P229.9 billion through the third quarter of 2023, with Annual Premium Equivalent (APE) premiums on new insurance sales of P46.6 billion, increased by 13.9 percent compared to the same period in 2022.

APE is the annual total value of all single and recurring premium policies.

Related Articles

Natura &Co shows improved revenue trends, with strong performance by Natura in Brazil and signs of stability at Avon in the country

Helzberg Diamonds and Proximity join forces to elevate customer experience

UNESCO Intangible Cultural Heritage "Bunraku" on World Stage: Japan's National Theatre to Present Spectacular Fusion of Tradition and Anime in United States

AdvoLogix Announces: AI-Enhanced Matter Financial Management for Law Firms

NFP Acquires Orca Financial Group, a Specialist Financial Brokerage

rabbit r1, the Consumer AI-native Pocket Companion, Expands Availability Across the UK and European Union

Infortrend U.2 NVMe Storage Empowers Airport AI for Faster Passenger Processing