In 2023, the motor insurance sector in the insurance industry in Malaysia had the highest incurred claims ratio with 66.73 percent. This was followed by medical and health insurance, with net claims incurred ratio of 65.94 percent in the same year.
Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Insurance Services Malaysia. (June 26, 2024). Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. "Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business." Chart. June 26, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. (2024). Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business. Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. "Net Claims Incurred Ratio of The Insurance Industry in Malaysia in 2023, by Line of Business." Statista, Statista Inc., 26 Jun 2024, https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia, Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business Statista, https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/ (last visited November 10, 2024)
Net claims incurred ratio of the insurance industry in Malaysia in 2023, by line of business [Graph], Insurance Services Malaysia, June 26, 2024. [Online]. Available: https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/