Assets of life insurance funds' breakdown in Malaysia 2023, by type of assets
In 2023, total investments of life insurance funds in Malaysia amounted to about 245 billion Malaysian ringgit, or around 80 percent of the total assets in life insurance funds, which was valued at around 300 billion Malaysian ringgit. Since the share of the population with a life insurance in Malaysia is still relatively low, the industry still has a high growth potential.