Share of life insurance companies' expenditure in Malaysia in 2023, by type

Published by
Amanda Siddharta,
Jun 25, 2024

In 2023, life insurance companies in Malaysia spent around 70.4 percent of their total expenditure on the net policy benefits. 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' expenditure in Malaysia in 2023, by type of expenditure

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Release date

March 2024

Region

Malaysia

Survey time period

2023

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