Pre-need industry profit up 36.7% in 2021
MANILA, Philippines—The pre-need industry’s net income rose 36.7 percent to P2.1 billion in 2021, as both sales value and volume increased. The latest Insurance Commission (IC) data showed that the total bottom line of the country’s 12 pre-need players last year climbed by over a third from P1.5 billion in 2020. Their combined premium income…
