Country Focus: The Philippines

Access our interactive country report and take our monthly quiz below to learn more about the inclusive insurance markets in our Landscape's focus countries. The winners each month will enter a quarterly draw - and the selected subscriber will win a prize.

Make sure to access the country report to find the answers!

Question Title

* 1. Please provide your contact details.

Full name

Organisation

Email address

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* 2. What percentage of the total labour force does the informal sector comprise?

36.2%

38.3%

40.4%

42.1%

44.3%

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* 3. When was the country’s first public-private partnership on crop insurance launched?

2017

2018

2019

2021

2022

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* 4. Which distribution channel dominated in the Philippines as per Landscape 2022 Study?

Agents/brokers

Financial institutions

Microfinance institutions

NGOs

Mobile network operators

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* 5. Which of the below statements is not correct?

Debit payments accounted for the highest percetage of the payments for the insurance products

Of reported products, life was the largest in terms of coverage

In terms of premiums, credit life represented the lowest percentage of the total amount reported

The median claims ratio for the Philippines from the landscape results was 20.76%

Where gender data was provided in Philippines, the women lives covered was higher than a median for other countries in Asia