In 2023, the retention ratio of general insurance in Malaysia was at 70.7 percent, a decrease from 73 percent in the previous year. The retention ratio refers to the portion of the overall premium that is kept on the company's books.
Risk retention ratio of general insurance in Malaysia from 2015 to 2023
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Insurance Services Malaysia. (June 26, 2024). Risk retention ratio of general insurance in Malaysia from 2015 to 2023 [Graph]. In Statista. Retrieved October 02, 2024, from https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/
Insurance Services Malaysia. "Risk retention ratio of general insurance in Malaysia from 2015 to 2023." Chart. June 26, 2024. Statista. Accessed October 02, 2024. https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/
Insurance Services Malaysia. (2024). Risk retention ratio of general insurance in Malaysia from 2015 to 2023. Statista. Statista Inc.. Accessed: October 02, 2024. https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/
Insurance Services Malaysia. "Risk Retention Ratio of General Insurance in Malaysia from 2015 to 2023." Statista, Statista Inc., 26 Jun 2024, https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/
Insurance Services Malaysia, Risk retention ratio of general insurance in Malaysia from 2015 to 2023 Statista, https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/ (last visited October 02, 2024)
Risk retention ratio of general insurance in Malaysia from 2015 to 2023 [Graph], Insurance Services Malaysia, June 26, 2024. [Online]. Available: https://www.statista.com/statistics/1419303/malaysia-general-insurance-retention-ratio/