Premiums value of MBAs in the Philippines 2014-2022

Published by C. Balita, Feb 20, 2024

The Philippines' Mutual Benefit Associations (MBAs) issued premiums amounting to 14.45 billion Philippine pesos in 2022. The association aims to provide financial support to its members and their dependents in the form of death and sickness benefits, provident savings, and loan redemption assistance.

Premiums value issued by the Mutual Benefit Associations (MBAs) in the Philippines from 2014 to 2022 (in billion Philippine pesos)

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Release date

January 2024

Region

Philippines

Survey time period

2014 to 2022

Special properties

Figures are inclusive of Servicing Companies.

Supplementary notes

*Preliminary figures.
One Philippine peso is equal to 0.018 U.S. dollars and 0.017 euros as of February 2024. 
Figures have been rounded.

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