Source: World Bank
Release: Global Financial Development
Ratio of non-Life insurance premium volume to GDP. Premium volume is the insurer's direct premiums earned (if Property/Casualty) or received (if Life/Health) during the previous calendar year.
Premium data is taken from various issues of Sigma reports (Swiss Re). Data on GDP in US dollars is from the electronic version of the World Development Indicators. (Swiss Re, Sigma Reports)
Source Code: GFDD.DI.10
World Bank, Non-Life Insurance Premium Volume to GDP for Philippines [DDDI10PHA156NWDB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/DDDI10PHA156NWDB, December 6, 2022.