In 2023, the premium income of life insurance companies in Malaysia made around 67 percent of the total income. 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.
Share of life insurance companies' income in Malaysia in 2023, by type of income
Characteristic
Share of income
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LIAM. (March 22, 2024). Share of life insurance companies' income in Malaysia in 2023, by type of income [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/
LIAM. "Share of life insurance companies' income in Malaysia in 2023, by type of income." Chart. March 22, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/
LIAM. (2024). Share of life insurance companies' income in Malaysia in 2023, by type of income. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/
LIAM. "Share of Life Insurance Companies' Income in Malaysia in 2023, by Type of Income." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/
LIAM, Share of life insurance companies' income in Malaysia in 2023, by type of income Statista, https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/ (last visited August 25, 2024)
Share of life insurance companies' income in Malaysia in 2023, by type of income [Graph], LIAM, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/1079012/malaysia-distribution-of-life-insurance-companies-income-by-type-of-income/