News Life and Health05 May 2021

Philippines:Insurance industry's net income falls 8.6% in 2020 to US$858m

| 05 May 2021

The Philippine insurance industry posted an 8.6% fall in net income to PHP41.24bn ($858m) last year, compared to PHP45.12bn in 2019, due to the impact of the COVID-19 pandemic, according to the 2020 Industry Performance report released by the Insurance Commission.

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