PH insurance penetration inches up to 1.96% in Q2, life insurance drives growth
The Philippines' insurance penetration rate rose to 1.96% in the second quarter of 2026, driven by robust demand for life insurance products. While an increase from the previous year, it fell short of the prior quarter's figure and the Insurance Commission's 2% target.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- PEZA Eyes Higher 2027 Target Amid Record Investment Approvals
The Philippine Economic Zone Authority (PEZA) is aiming for a significantly higher investment target in 2027, as it approaches a record for annual investment approvals set over a decade ago. As of end-October, the agency had already approved P309.63 billion in investments.
- Sandiganbayan Orders BJMP Testimony on Ex-Speaker Romualdez's Detention Status Amid 'Sneaking Out' Allegations
The Sandiganbayan, the anti-graft court in the Philippines, has ordered jail officials to testify amid allegations that former House Speaker Martin Romualdez has been leaving his detention facility freely. Malacañang has denied the claims and is reviewing CCTV footage.
- Marcos Eyes Stronger PH-Spain Ties Ahead of 80th Anniversary
President Ferdinand Marcos Jr. has expressed interest in further strengthening ties between the Philippines and Spain, ahead of the 80th anniversary of diplomatic relations. Specific areas of cooperation and commemorative events are expected to be announced later.
- Water Interruptions Possible in Metro Manila, Rizal Due to Manila Water Repairs
Manila Water announced potential water service interruptions starting Wednesday evening, November 4, in parts of Metro Manila and Rizal due to emergency repairs and maintenance work aimed at ensuring 24/7 supply. Residents are advised of possible disruptions.