The Philippine pre-need industry’s net income reached P7.96 billion in 2025 as strong sales of life and memorial plans drove growth, the Insurance Commission said on Monday.
Total premium income increased 5.73 percent to P23.94 billion during the year. Data from the regulator showed that the number of plans sold reached 895,679, while industry assets expanded 8.19 percent to P178.20 billion due to higher investments in trust funds.
The sector’s total net worth climbed to P33.87 billion by the end of 2025, even as stricter regulatory oversight led to a decrease in the number of licensed firms.
“Strengthened regulatory oversight has positively impacted the industry’s growth by restoring the trust and confidence of both consumers and investors, ensuring a more secure and transparent market environment,” Insurance Commission Commissioner Reynaldo Regalado said.
The industry reported a P16.03 billion surplus over required reserves for the year. The commission noted that trust fund investments remained sufficient to cover all pre-need reserves, which represent 91.27 percent of total liabilities.
“The overall performance of the industry reflects a positive outlook and strong growth prospects in the market. This is a foundation we aim to build upon in 2026 and in the succeeding years,” Regalado said.
