In 2022, the total premiums of new life insurance business in Malaysia amounted to approximately 11.98 billion Malaysian ringgit, a decrease from around 12.79 billion Malaysian ringgit in 2021. 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 premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit)
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LIAM. (March 24, 2023). Total premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved May 21, 2024, from https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
LIAM. "Total premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit)." Chart. March 24, 2023. Statista. Accessed May 21, 2024. https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
LIAM. (2023). Total premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: May 21, 2024. https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
LIAM. "Total Premiums of New Life Insurance Business in Malaysia from 2014 to 2022 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
LIAM, Total premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/ (last visited May 21, 2024)
Total premiums of new life insurance business in Malaysia from 2014 to 2022 (in billion Malaysian ringgit) [Graph], LIAM, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/