Market Share of Philippines Motor Insurance Industry
The Philippines motor insurance market is semi-consolidated in nature in terms of market share. Some of the major players operating currently dominate the market. The market is expected to grow during the forecast period due to the increase in sales of motor vehicles, and many other factors are driving the market.
Philippines Motor Insurance Market Leaders
Malayan Insurance Company, Inc.
Pioneer Insurance & Surety Corporation
Prudential Guarantee & Assurance, Inc.
BPI/MS Insurance Corporation
Charter Ping An Insurance Corporation
*Disclaimer: Major Players sorted in no particular order
