In 2022, the total number of policies from new insurance business issued in Malaysia amounted to around 1.84 million units, a decrease compared to the previous year. Since the share of the population with a life insurance is still relatively low, the insurance industry still has a high growth potential.
Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$149 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Total sums insured of life insurance in Malaysia 2014-2022, by type
- 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 agents at life insurance companies in Malaysia 2014-2022
- Premium Statistic Total number of agents at life insurance companies in Malaysia 2014-2022 ethnic group
- Premium Statistic Breakdown of life insurance companies' income in Malaysia 2017-2022, by type
- Premium Statistic Share of life insurance companies' income in Malaysia 2022, by type
- Premium Statistic Total number of agents at life insurance companies in Malaysia 2014-2022, by gender
- Premium Statistic Total number of agents at life insurance companies in Malaysia 2014-2022 by age
- Premium Statistic Share of life insurance companies' expenditure in Malaysia in 2022, by type
About the region
10
- Premium Statistic Assets of life insurance funds' breakdown in Malaysia 2022, by type of assets
- Premium Statistic Number of agents life insurance companies in Malaysia 2014-2022 by education level
- Premium Statistic Number of agents life insurance companies in Malaysia 2022 by states
- Premium Statistic Number of bank employees selling life insurance in Malaysia 2014-2022
- Premium Statistic Financial and health considerations COVID-19 MCO Malaysia 2020
- Basic Statistic Time required to start a business in Malaysia 2003-2019
- Basic Statistic Number of tax payments for medium-sized businesses in Malaysia 2014-2018
- Basic Statistic Respondents' average spend on life and medical insurance per month in Malaysia 2019
- Premium Statistic Policy suggestions to reduce plastic use Malaysia 2019
- Premium Statistic Individual actions to reduce plastic use Malaysia 2019
Selected statistics
7
- Premium Statistic U.S. life insurance: number of individual life policies purchased 2009-2018
- Premium Statistic U.S. life insurance: number of group policies purchased 2009-2018
- Premium Statistic Largest U.S. life insurance companies in 2018, by direct annuity considerations
- Premium Statistic U.S. life insurance: number of policies in force 2008-2021
- Basic Statistic Types of mortgages held by U.S. life insurers 2018
- Premium Statistic Rate of return on life insurers' invested assets in the U.S. 2000-2018
- Premium Statistic Purchases of life insurance in the U.S. 2018, by state
Other regions
10
- Premium Statistic Value of policy loans held by life insurers in the U.S. 1990-2018
- Premium Statistic Leading Chinese insurance companies on the Fortune China 500 ranking 2023
- Premium Statistic Life insurance premium income of DNB 2009-2022, by type
- Premium Statistic Value of gross written premium of property and liability insurance in UAE 2013-2018
- Basic Statistic Long term individual life and annuities business policies UK 2005-2018
- Premium Statistic Top 10 insurers by turnover MENA 2018
- Premium Statistic Lloyds Bank insurance products in Great Britain 2013-2020, by number of users
- Premium Statistic Number of life insurance polices in Poland 2012-2018
- Premium Statistic Italy: number of persons covered by life insurance 2020
- Premium Statistic European insurance market: life insurers investment portfolio by country 2020
Related statistics
7
- Premium Statistic Where responsibility lies for reducing plastic use Malaysia 2019
- Premium Statistic Business exit reasons in Malaysia 2017
- Premium Statistic Entrepreneurial activity participation in Malaysia 2017, by business stage
- Premium Statistic Entrepreneurial incentives in early stage Malaysia 2017
- Premium Statistic Predicted job creation in the first 5 years of business in Malaysia 2017
- Premium Statistic Early stage entrepreneur share in Malaysia 2017, by age group
- Premium Statistic Global entrepreneurship index score Malaysia 2017 by components
Further related statistics
10
- Revenues of China Life Insurance 2012-2022
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Distribution of Allianz Group third-party assets under management 2022, by region
- Total number of shares issued by Allianz Group 2009-2022
- Structure of investment portfolio of Allianz Group 2014-2022
- Debt instruments in fixed income portfolio of Allianz Group 2015-2022
- Shareholders equity at Allianz Group 2008-2022
- Assets under management of Allianz Group 2005-2022
- Total assets of UnitedHealth Group 2007-2022
Further Content: You might find this interesting as well
Statistics
- Revenues of China Life Insurance 2012-2022
- Ping An Insurance's annual revenue 2012-2022
- Total assets of China Pacific Insurance 2012-2022
- Distribution of Allianz Group third-party assets under management 2022, by region
- Total number of shares issued by Allianz Group 2009-2022
- Structure of investment portfolio of Allianz Group 2014-2022
- Debt instruments in fixed income portfolio of Allianz Group 2015-2022
- Shareholders equity at Allianz Group 2008-2022
- Assets under management of Allianz Group 2005-2022
- Total assets of UnitedHealth Group 2007-2022
LIAM. (March 24, 2023). Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million) [Graph]. In Statista. Retrieved November 30, 2023, from https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/
LIAM. "Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million)." Chart. March 24, 2023. Statista. Accessed November 30, 2023. https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/
LIAM. (2023). Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million). Statista. Statista Inc.. Accessed: November 30, 2023. https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/
LIAM. "Number of Life Insurance Policies in Malaysia from 2014 to 2022, by Type of Business (in Million)." Statista, Statista Inc., 24 Mar 2023, https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/
LIAM, Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million) Statista, https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/ (last visited November 30, 2023)
Number of life insurance policies in Malaysia from 2014 to 2022, by type of business (in million) [Graph], LIAM, March 24, 2023. [Online]. Available: https://www.statista.com/statistics/1078805/malaysia-life-insurance-policies-by-type-of-business/