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Expert: Steady growth in new life insurance premiums boon to PH economy

THE Philippine Insurance Commission (IC) has reported that the life insurance sectors total premium revenues of P229.9 billion through the third quarter of 2023, with Annual Premium Equivalent (APE) premiums on new insurance sales of P46.6 billion, increased by 13.9 percent compared to the same period in 2022.
Philippine Insurance Commission Insurance Commission Annual Premium Equivalent

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