In 2020, the total insured sums of new life insurance companies in Malaysia amounted to around 437 billion Malaysian Ringgit. Since the share of the population with a life insurance is still relatively low, the industry in Malaysia still has a high growth potential.
Total insured sums of life insurance companies in Malaysia from 2014 to 2020, by type of business
(in million Malaysian Ringgit)
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LIAM. (May 10, 2021). Total insured sums of life insurance companies in Malaysia from 2014 to 2020, by type of business (in million Malaysian Ringgit) [Graph]. In Statista. Retrieved August 16, 2022, from https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. "Total insured sums of life insurance companies in Malaysia from 2014 to 2020, by type of business (in million Malaysian Ringgit)." Chart. May 10, 2021. Statista. Accessed August 16, 2022. https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. (2021). Total insured sums of life insurance companies in Malaysia from 2014 to 2020, by type of business (in million Malaysian Ringgit). Statista. Statista Inc.. Accessed: August 16, 2022. https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM. "Total Insured Sums of Life Insurance Companies in Malaysia from 2014 to 2020, by Type of Business (in Million Malaysian Ringgit)." Statista, Statista Inc., 10 May 2021, https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/
LIAM, Total insured sums of life insurance companies in Malaysia from 2014 to 2020, by type of business (in million Malaysian Ringgit) Statista, https://www.statista.com/statistics/1078874/malaysia-total-insured-sums-of-life-insurance-companies-by-type-of-business/ (last visited August 16, 2022)