In 2023, the total premiums of new life insurance business in Malaysia amounted to approximately 13.36 billion Malaysian ringgit, an increase from around 11.98 billion Malaysian ringgit in 2022. 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 2023
(in billion Malaysian ringgit)
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LIAM. (March 22, 2024). Total premiums of new life insurance business in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved January 06, 2025, 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 2023 (in billion Malaysian ringgit)." Chart. March 22, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
LIAM. (2024). Total premiums of new life insurance business in Malaysia from 2014 to 2023 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: January 06, 2025. 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 2023 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 22 Mar 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 2023 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/ (last visited January 06, 2025)
Total premiums of new life insurance business in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph], LIAM, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/1078940/malaysia-total-premiums-of-new-life-insurance-companies/
