In 2022, the motor insurance sector in the insurance industry in Malaysia had the highest incurred claims ratio wtih 65.29 percent. This was followed by medical and health insurance, with net claims incurred ratio of 61.29 percent in the same year.
Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business
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Insurance Services Malaysia. (June 1, 2023). Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business [Graph]. In Statista. Retrieved September 21, 2024, from https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. "Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business." Chart. June 1, 2023. Statista. Accessed September 21, 2024. https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. (2023). Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business. Statista. Statista Inc.. Accessed: September 21, 2024. https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia. "Net Claims Incurred Ratio of The Insurance Industry in Malaysia 2022, by Line of Business." Statista, Statista Inc., 1 Jun 2023, https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/
Insurance Services Malaysia, Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business Statista, https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/ (last visited September 21, 2024)
Net claims incurred ratio of the insurance industry in Malaysia 2022, by line of business [Graph], Insurance Services Malaysia, June 1, 2023. [Online]. Available: https://www.statista.com/statistics/1245111/malaysia-net-claims-incurred-ratio-by-line-of-business/