Life Insurance Industry Performance 2015- 2019

Transcription

Life InsuranceIndustry Performance2015- 2019ASSETS .0%4000.0%2000Assets% 01,255.731,424.0912.5%11.9%19.4%-1.4%13.4%-5.0%1

Life InsuranceIndustry Performance2015- 2019INVESTMENTS % Growth18.6%7.3%23.5%-9.5%19.4%-15.0%2

Life InsuranceIndustry Performance2015- 2019NET WORTH .0%020152016201720182019Net Worth138.135167.965211.996219.9241.994% Growth16.6%21.6%26.2%3.7%10.0%0.0%3

Life InsuranceIndustry Performance2015- 2019NET INCOME 0%150.0%10-10.0%50-20.0%20152016201720182019Net Income21.24417.72028.09728.7336.127% Growth18.4%-16.6%58.6%2.3%25.7%Net Income-30.0%% Growth4

Life InsuranceIndustry Performance2015- 2019ORDINARY LIFE 0172018Ordinary Life61,46142,08445,66258,687% Growth11.4%-31.5%8.5%28.5%2019-40.0%5

Life InsuranceIndustry Performance2015- 2019VARIABLE LIFE Variable Life58,30838,17440,25454,310% Growth39.7%-34.5%5.4%34.9%5-40.0%6

Life InsuranceIndustry Performance2015- 2019PREMIUM INCOME m188.818182.856202.771228.61233.916% Growth19.0%-3.2%10.9%12.7%2.3%-5.0%7

Life InsuranceIndustry Performance2015- 2019PREMIUM 60%50%40%27%30%20%10%0%201520162017201820198

Life InsuranceIndustry Performance2015- 2019VUL PREMIUM egular Premium32%46%52%59%71%Single Premium68%54%48%41%29%9

Life InsuranceIndustry Performance2015- 2019NB ANNUAL PRODUCTION 1752.02332.73514.288201857.55639.59717.959201910

Life InsuranceIndustry Performance2015- 2019INSURED LIVES60504030201002015201620172018In Force Business24.88229.64534.52239.403New Business10.47610.7317.87913.387201911

Life InsuranceIndustry Performance2015- 2019PENETRATION RATE1.80%1.75%1.70%1.65%1.60%1.55%1.50%Penetration Rate20152016201720181.75%1.61%1.65%1.63%201912

Life InsuranceIndustry Performance2015- 2019INSURANCE DENSITY (Php)2,2002,1002,0001,9001,8001,7001,600Insurance Density20152016201720181,9261,8452,0172,167201913

Life InsuranceIndustry Performance2015- 2019DISCONTINUANCE 0.50%0.00%2015201620172018Lapse Rate3.90%3.36%3.51%4.75%Surrender Rate2.40%2.66%2.85%2.26%201914

Life InsuranceIndustry Performance2015- 2019E N D15

Life Insurance Industry Performance 2015- 2019 Total VUL Traditional 2016 46.777 33.069 13.707 2017 52.023 32.735 14.288 2018 57.556 39.597 17.959 2019 0.000 10.000 20.000 30.000 40.000 50.000 60.000 70.000 NB ANNUAL PRODUCTION EQUIVALENT. 11 Life Insurance Industry Performance 2015- 2019