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In 2022, the total sums insured of new life insurance business in Malaysia amounted to around 497 billion Malaysian ringgit, an increase compared to the previous year. Since the share of the population with a life insurance is still relatively low, the insurance industry in Malaysia still has a high growth potential.
Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit)
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LIAM. (March 24, 2023). Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved May 16, 2024, from https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. "Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit)." Chart. March 24, 2023. Statista. Accessed May 16, 2024. https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. (2023). Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: May 16, 2024. https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. "Total Sums Insured of Life Insurance in Malaysia from 2014 to 2022, by Type of Business (in Billion Malaysian Ringgit)." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM, Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/ (last visited May 16, 2024)
Total sums insured of life insurance in Malaysia from 2014 to 2022, by type of business (in billion Malaysian ringgit) [Graph], LIAM, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/