Republic of the Philippines

Department of Finance
INSURANCE COMMISSION ,,,"ila
1071 United Nations Avenue ,so@t i'';i*"'
Manila

INSURANCE INDUSTRY PERFORMANCE

as of the Quarter Ending December 31

7o lncrease/
MUTUAL BENEFIT ASSOClAT!ONS 2020 2019
(Decrease)

1 Total Number of Companies 35 35

Total Number of companies with submissions 34 35 (2.86)

( ln Million Pesos )

2 . Total Assets 114,326.8 101 ,131 .2 r 13.05

3 . Total Liabilities 67,289.1 59,651.'1 r 't2.80

4 . Total Fund Balance 47,037.7 41 ,480.1 f 13.40

5 . Total Guaranty Fund 1,129.1 1,087.7 f 3.80

6 . Total lnvestments 102,897.9 90,80s.4 f 13.32

7 . Total Contributions/Premiums 11,23',t.7 1 1,913.6 r |s.72)

8 . Total Benefits Payment / Expenses 7,650.8 8,146.5 r (6.08)

9 . Total Net Surplus 5,394.6 5,585.9 f t3.421

r - revised data