Net premiums of motor insurance in Malaysia 2014-2023

Published by
Amanda Siddharta,
Nov 9, 2024

In 2023, the value of net premiums of motor insurance in Malaysia was at approximately 9.21 billion Malaysian ringgit, an increase from around 8.49 billion Malaysian ringgit in the previous year. The value of net premiums for motor insurance in the country has been gradually increasing every year.

Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit)

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Release date

June 2024

Region

Malaysia

Survey time period

2014 to 2023

Supplementary notes

One Malaysian ringgit is equal to 0.24 U.S. dollars and 0.22 euros as of September 2024.

Figures have been rounded.

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