Industry sold 690,064 plans by Q3 2025 up from 509323 a year earlier.

Staff Reporter

, Philippines

Industry sold 690,064 plans by Q3 2025 up from 509323 a twelvemonth earlier.

The Philippines’ pre-need manufacture reported full premium income of $0.30b (₱17.52b) arsenic of 30 September 2025, up 3.92% from a twelvemonth earlier, according to nan Insurance Commission.

Insurance Commissioner Reynaldo A. Regalado said nan maturation reflects nan industry’s continued improvement contempt economical challenges.

Total assets roseate 5.33% to $2.95b (₱173.41b) arsenic of nan 3rd 4th of 2025, from $2.80b (₱164.64b) successful nan aforesaid play past year. Investments successful spot funds, which relationship for 85.78% of full assets and correspond scheme holders’ payments group speech to screen benefits and services, accrued 5.84%.

Pre-need reserves, aliases actuarial reserve liabilities group up to screen nett obligations to scheme holders, climbed 5.99% to $2.28b (₱134.22b) arsenic of end-September 2025, from $2.15b (₱126.64b) a twelvemonth earlier.

Total nett worthy reached $0.54b (₱31.56b), up 1.70%. The manufacture recorded nett income of $0.08b (₱4.96b) arsenic of nan 3rd 4th of 2025, driven by higher premium income.

Total plans sold accrued to 690,064 arsenic of Q3 2025 from 509,323 successful nan aforesaid play past year. Life and memorial plans accounted for 99.86% of each pre-need plans sold during nan period.

($1.00 = ₱58.32)
 

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