According to a survey on financial literacy conducted in Malaysia, as of October 2023, more than half of the respondents said they owned life insurance policy. Meanwhile, another 48 percent of respondents said they did not own life insurance.
Ownership of life insurance policy among respondents in Malaysia as of October 2023
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Other statistics that may interest you Insurance industry in Malaysia
Overview
4
- Premium Statistic GDP from insurance in Malaysia 2015-2023
- Premium Statistic Share of insurance to the GDP in Malaysia 2015-2023
- Premium Statistic Net FDI flows to Malaysia in finance and insurance 2013-2022
- Premium Statistic Number of people employed in the finance and insurance industry in Malaysia 2015-2023
Life insurance
5
- Premium Statistic Annual premiums of life insurance companies in Malaysia 2014-2022
- Premium Statistic Total premiums of new life insurance business in Malaysia 2014-2022
- Premium Statistic Number of life insurance policies Malaysia 2014-2022, by type
- Premium Statistic Total sums insured of life insurance in Malaysia 2014-2022, by type
- Premium Statistic Number of agents at life insurance companies in Malaysia 2014-2022
Non-life insurance
4
- Premium Statistic Written premium earning value by general insurances in Malaysia 2013-2022
- Premium Statistic Net claim value of general insurances in Malaysia 2013-2022
- Premium Statistic Incurred claims ratio of general insurance in Malaysia 2014 to 2022
- Premium Statistic Net earned premiums in Malaysia 2022, by line of business
Health and accident insurance
5
- Premium Statistic Net premiums of medical and health insurance in Malaysia 2013-2022
- Premium Statistic Gross written premium value by medical insurances in Malaysia 2012-2021
- Premium Statistic Claim ratio of medical and health insurances in Malaysia 2013-2022
- Premium Statistic Net premiums of personal accident insurance in Malaysia 2013-2022
- Premium Statistic Claim ratio of P.A. insurances in Malaysia 2013-2022
Motor insurance
3
Takaful
4
- Premium Statistic Gross written contributions of takaful in Malaysia 2014 to 2022
- Premium Statistic Net earned contributions of takaful in Malaysia 2014 to 2022
- Premium Statistic Incurred claims ratio of takaful in Malaysia 2014 to 2022
- Premium Statistic Operating profit of takaful in Malaysia 2014 to 2022
Leading companies
4
- Premium Statistic Gross written premium of Allianz Malaysia Bhd 2017-2022
- Premium Statistic Gross earned premiums of Maybank Ageas Holdings Bhd 2017-2022
- Premium Statistic Gross earned premiums of Great Eastern Life Malaysia 2017-2022
- Premium Statistic Gross earned premiums of Prudential Malaysia 2017-2022
Consumer perspective
4
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RinggitPlus.com. (October 25, 2023). Ownership of life insurance policy among respondents in Malaysia as of October 2023 [Graph]. In Statista. Retrieved June 13, 2024, from https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/
RinggitPlus.com. "Ownership of life insurance policy among respondents in Malaysia as of October 2023." Chart. October 25, 2023. Statista. Accessed June 13, 2024. https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/
RinggitPlus.com. (2023). Ownership of life insurance policy among respondents in Malaysia as of October 2023. Statista. Statista Inc.. Accessed: June 13, 2024. https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/
RinggitPlus.com. "Ownership of Life Insurance Policy among Respondents in Malaysia as of October 2023." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/
RinggitPlus.com, Ownership of life insurance policy among respondents in Malaysia as of October 2023 Statista, https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/ (last visited June 13, 2024)
Ownership of life insurance policy among respondents in Malaysia as of October 2023 [Graph], RinggitPlus.com, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/1424395/malaysia-life-insurance-policy-ownership/