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Life Insurance in Malaysia, Key Trends and Opportunities to 2019

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Date: 16-Oct-2015
No. of pages: 215
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Synopsis

Timetric's 'Life Insurance in Malaysia, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Malaysian life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Malaysian economy and demographics, and provides detailed information on the country's competitive landscape.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

Summary

Timetric's 'Life Insurance in Malaysia, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Malaysian life insurance segment, including:

• The Malaysian life insurance segment's growth prospects by life insurance category

• Key trends, drivers and challenges for the life insurance segment

• A comprehensive overview of the Malaysian economy and demographics

• The various distribution channels in the Malaysian life insurance segment

• Details of the competitive landscape in the life insurance segment in Malaysia

• Details of regulatory policy applicable to the Malaysian insurance industry

Scope

This report provides a comprehensive analysis of the life insurance segment in Malaysia:

• It provides historical values for the Malaysian life insurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

• It offers a detailed analysis of the key categories in the Malaysian life insurance segment, and market forecasts to 2019.

• It analyzes the various distribution channels for life insurance products in Malaysia.

• It profiles the top life insurance companies in Malaysia, and outlines key regulations affecting them.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Malaysian life insurance segment and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Malaysian life insurance segment.

• Assess the competitive dynamics in the life insurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Malaysian insurance industry, and their impact on companies and the industry's future.

Key Highlights

• Primary growth drivers included a rise in demand for investment-linked products and economic expansion.

• Efforts by the Life Insurance Association of Malaysia (LIAM) to increase consumer awareness of the benefits of cover are expected to support the segment's growth over the forecast period.

• The BNM introduced new legislation in the form of the FSA in 2013.

• The growing demand for endowment, whole life and individual other insurance products - which together accounted for 89.9% of the life segment's gross written premium - supported the segment's growth during the review period.

• The life segment is highly concentrated, with the five leading insurers collectively accounting for 65.2% of the segment's gross written premium in 2014.

• Family takaful products are providing competition to conventional insurance, as the high number of Muslims in the country makes takaful products popular.

Life Insurance in Malaysia, Key Trends and Opportunities to 2019

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Economy and Demographics
5 Life Insurance Outlook
5.1 Key Drivers
5.2 Key Trends
5.3 Challenges
5.4 Life Insurance Growth Prospects by Category
5.5 Individual Life Insurance
5.5.1 Individual whole life insurance
5.5.2 Individual general annuity insurance
5.5.3 Individual endowment insurance
5.5.4 Individual term life insurance
5.5.5 Other individual life insurance
5.6 Group Life Insurance
5.6.1 Group whole life insurance
5.6.2 Other group life insurance
5.7 Life Insurance Growth Prospects by Product Type
5.7.1 Individual single-premium insurance
5.7.2 Individual non-single-premium insurance
5.7.3 Group single-premium insurance
5.7.4 Group non-single-premium insurance
5.7.5 Total linked insurance business
5.7.6 Total non-linked insurance business
6 Analysis by Distribution Channel
6.1 Direct Marketing
6.2 Bancassurance
6.3 Agencies
6.4 Brokers
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Leading Companies in the Life Segment
7.2.1 Great Eastern Life Assurance (Malaysia) Bhd - company overview
7.2.2 AIA Bhd - company overview
7.2.3 Prudential Assurance Malaysia Bhd - company overview
7.2.4 Hong Leong Assurance Bhd - company overview
7.2.5 Allianz Life Insurance Malaysia Bhd - company overview
7.2.6 Etiqa Insurance Bhd - company overview
7.2.7 Tokio Marine Life Insurance Malaysia Bhd - company overview
7.2.8 Zurich Insurance Malaysia Bhd - company overview
7.2.9 MCIS Insurance Bhd - company overview
7.2.10 Sun Life Malaysia Assurance Bhd - company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulations
8.3 Regulations by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.12 Marine, aviation and transit insurance
8.3.13 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Motor third-party liability insurance
8.4.2 Travel insurance
8.4.3 Workmen's compensation insurance
8.4.4 Insurance against liability for pollution
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 Central Bank of Malaysia or Bank Negara Malaysia
8.5.3 General Insurance Association of Malaysia
8.5.4 Life Insurance Association of Malaysia (LIAM)
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and penalties
8.7 Company Registration and Operations
8.7.1 Types of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margins
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fee structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Corporate tax
8.8.3 VAT
8.8.4 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution (ADR)
9 Appendix
9.1 Methodology
9.2 Contact Timetric
9.3 About Timetric
9.4 Timetric's Services
9.5 Disclaimer

List of Tables
Table 1: Malaysian Life Insurance - Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Malaysian Government Credit Ratings
Table 4: Malaysian Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2014
Table 5: Malaysian Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 6: Malaysian Life Insurance - Gross Written Premium by Category (MYR Billion), 2014-2019
Table 7: Malaysian Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 8: Malaysian Life Insurance - New Business Direct Written Premium (MYR Billion), 2010-2014
Table 9: Malaysian Life Insurance - New Business Direct Written Premium (MYR Billion), 2014-2019
Table 10: Malaysian Life Insurance - Net Earned Premium (MYR Billion), 2010-2014
Table 11: Malaysian Life Insurance - Net Earned Premium (MYR Billion), 2014-2019
Table 12: Malaysian Life Insurance - Sum Assured (MYR Trillion), 2010-2014
Table 13: Malaysian Life Insurance - Sum Assured (MYR Trillion), 2014-2019
Table 14: Malaysian Life Insurance - Paid Claims (MYR Billion), 2010-2014
Table 15: Malaysian Life Insurance - Paid Claims (MYR Billion), 2014-2019
Table 16: Malaysian Life Insurance - Number of Policies per Capita, 2010-2014
Table 17: Malaysian Life Insurance - Number of Policies per Capita, 2014-2019
Table 18: Malaysian Life Insurance - Commissions and Expenses (MYR Billion), 2010-2014
Table 19: Malaysian Life Insurance - Commissions and Expenses (MYR Billion), 2014-2019
Table 20: Malaysian Life Insurance - Net Written Premium (% of GWP), 2010-2014
Table 21: Malaysian Life Insurance - Net Written Premium (% of GWP), 2014-2019
Table 22: Malaysian Life Insurance - Renewal Business Direct Written Premium (MYR Billion), 2010-2014
Table 23: Malaysian Life Insurance - Renewal Business Direct Written Premium (MYR Billion), 2014-2019
Table 24: Malaysian Life Insurance - Total Assets (MYR Billion), 2010-2014
Table 25: Malaysian Life Insurance - Total Assets (MYR Billion), 2014-2019
Table 26: Malaysian Life Insurance - Total Investment Income (MYR Billion), 2010-2014
Table 27: Malaysian Life Insurance - Total Investment Income (MYR Billion), 2014-2019
Table 28: Malaysian Life Insurance - Net Written Premium (MYR Billion), 2010-2014
Table 29: Malaysian Life Insurance - Net Written Premium (MYR Billion), 2014-2019
Table 30: Malaysian Individual Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2014
Table 31: Malaysian Individual Life Insurance - Gross Written Premium by Category (US$ Billion), 2010-2014
Table 32: Malaysian Individual Life Insurance - Gross Written Premium by Category (MYR Billion), 2014-2019
Table 33: Malaysian Individual Life Insurance - Gross Written Premium by Category (US$ Billion), 2014-2019
Table 34: Malaysian Individual Life Insurance - Direct Written Premium by Category (MYR Billion), 2010-2014
Table 35: Malaysian Individual Life Insurance - Direct Written Premium by Category (US$ Billion), 2010-2014
Table 36: Malaysian Individual Life Insurance - Direct Written Premium by Category (MYR Billion), 2014-2019
Table 37: Malaysian Individual Life Insurance - Direct Written Premium by Category (US$ Billion), 2014-2019
Table 38: Malaysian Individual Life Insurance - Policies by Category (Thousand), 2010-2014
Table 39: Malaysian Individual Life Insurance - Policies by Category (Thousand), 2014-2019
Table 40: Malaysian Individual Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 41: Malaysian Individual Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 42: Malaysian Individual Whole Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 43: Malaysian Individual Whole Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 44: Malaysian Individual General Annuity Insurance - Number of Active Policies (Thousand), 2010-2014
Table 45: Malaysian Individual General Annuity Insurance - Number of Active Policies (Thousand), 2014-2019
Table 46: Malaysian Individual General Annuity Insurance - Direct Written Premium (MYR Million), 2010-2014
Table 47: Malaysian Individual General Annuity Insurance - Direct Written Premium (MYR Million), 2014-2019
Table 48: Malaysian Individual Endowment Insurance - Number of Active Policies (Thousand), 2010-2014
Table 49: Malaysian Individual Endowment Insurance - Number of Active Policies (Thousand), 2014-2019
Table 50: Malaysian Individual Endowment Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 51: Malaysian Individual Endowment Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 52: Malaysian Individual Term Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 53: Malaysian Individual Term Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 54: Malaysian Individual Term Life Insurance - Direct Written Premium (MYR Million), 2010-2014
Table 55: Malaysian Individual Term Life Insurance - Direct Written Premium (MYR Million), 2014-2019
Table 56: Malaysian Other Individual Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 57: Malaysian Other Individual Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 58: Malaysian Other Individual Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 59: Malaysian Other Individual Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 60: Malaysian Group Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2014
Table 61: Malaysian Group Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 62: Malaysian Group Life Insurance - Gross Written Premium by Category (MYR Billion), 2014-2019
Table 63: Malaysian Group Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 64: Malaysian Group Life Insurance - Direct Written Premium by Category (MYR Billion), 2010-2014
Table 65: Malaysian Group Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 66: Malaysian Group Life Insurance - Direct Written Premium by Category (MYR Billion), 2014-2019
Table 67: Malaysian Group Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 68: Malaysian Group Life Insurance - Policies by Category (Thousand), 2010-2014
Table 69: Malaysian Group Life Insurance - Policies by Category (Thousand), 2014-2019
Table 70: Malaysian Group Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 71: Malaysian Group Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 72: Malaysian Group Whole Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 73: Malaysian Group Whole Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 74: Malaysian Other Group Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 75: Malaysian Other Group Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 76: Malaysian Other Group Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 77: Malaysian Other Group Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 78: Malaysian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Table 79: Malaysian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Table 80: Malaysian Individual Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Table 81: Malaysian Individual Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Table 82: Malaysian Individual Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 83: Malaysian Individual Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 84: Malaysian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Table 85: Malaysian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Table 86: Malaysian Individual Non-Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Table 87: Malaysian Individual Non-Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Table 88: Malaysian Individual Non-Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 89: Malaysian Individual Non-Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 90: Malaysian Group Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Table 91: Malaysian Group Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Table 92: Malaysian Group Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Table 93: Malaysian Group Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Table 94: Malaysian Group Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Table 95: Malaysian Group Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Table 96: Malaysian Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Table 97: Malaysian Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Table 98: Malaysian Group Non-Single-Premium Insurance - Gross Written Premium (MYR Million), 2010-2014
Table 99: Malaysian Group Non-Single-Premium Insurance - Gross Written Premium (MYR Million), 2014-2019
Table 100: Malaysian Group Non-Single-Premium Insurance - Direct Written Premium (MYR Million), 2010-2014
Table 101: Malaysian Group Non-Single-Premium Insurance - Direct Written Premium (MYR Million), 2014-2019
Table 102: Malaysian Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Table 103: Malaysian Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Table 104: Malaysian Linked Insurance Business - Gross Written Premium (MYR Billion), 2010-2014
Table 105: Malaysian Linked Insurance Business - Gross Written Premium (MYR Billion), 2014-2019
Table 106: Malaysian Linked Insurance Business - Direct Written Premium (MYR Billion), 2010-2014
Table 107: Malaysian Linked Insurance Business - Direct Written Premium (MYR Billion), 2014-2019
Table 108: Malaysian Non-Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Table 109: Malaysian Non-Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Table 110: Malaysian Non-Linked Insurance Business - Gross Written Premium (MYR Billion), 2010-2014
Table 111: Malaysian Non-Linked Insurance Business - Gross Written Premium (MYR Billion), 2014-2019
Table 112: Malaysian Non-Linked Insurance Business - Direct Written Premium (MYR Billion), 2010-2014
Table 113: Malaysian Non-Linked Insurance Business - Direct Written Premium (MYR Billion), 2014-2019
Table 114: Malaysian Life Insurance - Sales Force, 2010-2014
Table 115: Malaysian Life Insurance - Sales Force, 2014-2019
Table 116: Malaysian Life Insurance - Bancassurance Value of Commissions (MYR Billion), 2010-2014
Table 117: Malaysian Life Insurance - Bancassurance Value of Commissions (MYR Billion), 2014-2019
Table 118: Malaysian Life Insurance - Bancassurance New Business Direct Written Premium (MYR Billion), 2010-2014
Table 119: Malaysian Life Insurance - Bancassurance New Business Direct Written Premium (MYR Billion), 2014-2019
Table 120: Malaysian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2010-2014
Table 121: Malaysian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2014-2019
Table 122: Malaysian Life Insurance - Number of Banking Entities, 2010-2014
Table 123: Malaysian Life Insurance - Number of Banking Entities, 2014-2019
Table 124: Malaysian Life Insurance - Agencies' Value of Commissions (MYR Billion), 2010-2014
Table 125: Malaysian Life Insurance - Agencies' Value of Commissions (MYR Billion), 2014-2019
Table 126: Malaysian Life Insurance - Agencies' New Business Direct Written Premium (MYR Billion), 2010-2014
Table 127: Malaysian Life Insurance - Agencies' New Business Direct Written Premium (MYR Billion), 2014-2019
Table 128: Malaysian Life Insurance - New Policies Sold Through Agencies (Thousand), 2010-2014
Table 129: Malaysian Life Insurance - New Policies Sold Through Agencies (Thousand), 2014-2019
Table 130: Malaysian Life Insurance - Number of Insurance Agents, 2010-2014
Table 131: Malaysian Life Insurance - Number of Insurance Agents, 2014-2019
Table 132: Malaysian Life Insurance - Brokers' Value of Commissions (MYR Million), 2010-2014
Table 133: Malaysian Life Insurance - Brokers' Value of Commissions (MYR Million), 2014-2019
Table 134: Malaysian Life Insurance - Brokers' New Business Direct Written Premium (MYR Billion), 2010-2014
Table 135: Malaysian Life Insurance - Brokers' New Business Direct Written Premium (MYR Billion), 2014-2019
Table 136: Malaysian Life Insurance - New Policies Sold Through Brokers (Thousand), 2010-2014
Table 137: Malaysian Life Insurance - New Policies Sold Through Brokers (Thousand), 2014-2019
Table 138: Malaysian Life Insurance - Number of Insurance Brokers, 2010-2014
Table 139: Malaysian Life Insurance - Number of Insurance Brokers, 2014-2019
Table 140: Malaysian Life Insurance - Segment Shares (%), 2014
Table 141: Great Eastern Life Assurance (Malaysia) Bhd - Key Facts
Table 142: Great Eastern Life Assurance (Malaysia) Bhd, Key Financials (MYR Million), 2010-2014
Table 143: AIA Bhd - Key Facts
Table 144: AIA Bhd, Key Financials (MYR Million), 2010-2014
Table 145: Prudential Assurance Malaysia Bhd - Key Facts
Table 146: Prudential Assurance Malaysia Bhd, Key Financials (MYR Million), 2010-2014
Table 147: Hong Leong Assurance Bhd - Key Facts
Table 148: Hong Leong Assurance Bhd, Key Financials (MYR Million), 2010-2014
Table 149: Allianz Life Insurance Malaysia Bhd - Key Facts
Table 150: Allianz Life Insurance Malaysia Bhd, Key Financials (MYR Million), 2010-2014
Table 151: Etiqa Insurance Bhd - Key Facts
Table 152: Etiqa Insurance Bhd, Key Financials (MYR Million), 2010-2014
Table 153: Tokio Marine Life Insurance Malaysia Bhd - Key Facts
Table 154: Tokio Marine Life Insurance Malaysia Bhd, Key Financials (MYR Million), 2010-2014
Table 155: Zurich Insurance Malaysia Bhd - Key Facts
Table 156: Zurich Insurance Malaysia Bhd, Key Financials (MYR Million), 2010-2014
Table 157: MCIS Insurance Bhd - Key Facts
Table 158: MCIS Insurance Bhd, Key Financials (MYR Million), 2010-2014
Table 159: Sun Life Malaysia Assurance Bhd - Key Facts
Table 160: Sun Life Malaysia Assurance Bhd, Key Financials (MYR Million), 2010-2014
Table 161: Malaysia - Insurance Regulatory Framework Key Features
Table 162: Malaysia - Life Insurance Regulatory Framework
Table 163: Malaysia - Property Insurance Regulatory Framework
Table 164: Malaysia - Motor Insurance Regulatory Framework
Table 165: Malaysia - Liability Insurance Regulatory Framework
Table 166: Malaysia - Licensing Fee Structure for Insurers and Intermediaries
Table 167: Malaysia - Annual Fee Structure for Licensed Insurers
Table 168: Malaysia - Corporate Tax Rates for the Financial Year 2015


List of Figures
Figure 1: Malaysian Real GDP (MYR Trillion), 2010-2019
Figure 2: MYR-US$ Exchange Rate, 2010-2019
Figure 3: Malaysian Consumer Price Inflation, 2010-2019
Figure 4: Malaysian Current Account Balance as Percentage of GDP (%), 2010-2013
Figure 5: Malaysian Unemployment Rate, 2010-2019
Figure 6: Malaysian Population by Age Group, 1991-2025
Figure 7: Malaysian Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2019
Figure 8: Malaysian Life Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 9: Malaysian Life Insurance - Gross Written Premium Dynamics by Segment (2010-2019)
Figure 10: Malaysian Life Insurance - New Business Direct Written Premium (MYR Billion), 2010-2014
Figure 11: Malaysian Life Insurance - New Business Direct Written Premium (MYR Billion), 2014-2019
Figure 12: Malaysian Life Insurance - Net Earned Premium (MYR Billion), 2010-2014
Figure 13: Malaysian Life Insurance - Net Earned Premium (MYR Billion), 2014-2019
Figure 14: Malaysian Life Insurance - Sum Assured (MYR Trillion), 2010-2014
Figure 15: Malaysian Life Insurance - Sum Assured (MYR Trillion), 2014-2019
Figure 16: Malaysian Life Insurance - Paid Claims (MYR Billion), 2010-2014
Figure 17: Malaysian Life Insurance - Paid Claims (MYR Billion), 2014-2019
Figure 18: Malaysian Life Insurance - Number of Policies per Capita, 2010-2014
Figure 19: Malaysian Life Insurance - Number of Policies per Capita, 2014-2019
Figure 20: Malaysian Life Insurance - Commissions and Expenses (MYR Billion), 2010-2014
Figure 21: Malaysian Life Insurance - Commissions and Expenses (MYR Billion), 2014-2019
Figure 22: Malaysian Life Insurance - Net Written Premium (% of GWP), 2010-2014
Figure 23: Malaysian Life Insurance - Net Written Premium (% of GWP), 2014-2019
Figure 24: Malaysian Life Insurance - Renewal Business Direct Written Premium (MYR Billion), 2010-2014
Figure 25: Malaysian Life Insurance - Renewal Business Direct Written Premium (MYR Billion), 2014-2019
Figure 26: Malaysian Life Insurance - Total Assets (MYR Billion), 2010-2014
Figure 27: Malaysian Life Insurance - Total Assets (MYR Billion), 2014-2019
Figure 28: Malaysian Life Insurance - Total Investment Income (MYR Billion), 2010-2014
Figure 29: Malaysian Life Insurance - Total Investment Income (MYR Billion), 2014-2019
Figure 30: Malaysian Life Insurance - Net Written Premium (MYR Billion), 2010-2014
Figure 31: Malaysian Life Insurance - Net Written Premium (MYR Billion), 2014-2019
Figure 32: Malaysian Life Insurance - Investment Portfolio (MYR Billion), 2010-2014
Figure 33: Malaysian Life Insurance - Investment Portfolio, 2010 and 2014
Figure 34: Malaysian Life Insurance - Penetration (Ratio of Direct Premium to GDP), 2010-2014
Figure 35: Malaysian Life Insurance - Density (Direct Premium per Capita), 2010-2014
Figure 36: Malaysian Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 37: Malaysian Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 38: Malaysian Life Insurance - Number of New Policies Sold (Thousand), 2010-2014
Figure 39: Malaysian Life Insurance - Number of New Policies Sold (Thousand), 2014-2019
Figure 40: Malaysian Life Insurance - Total Investments (MYR Billion), 2010-2014
Figure 41: Malaysian Individual Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2019
Figure 42: Malaysian Individual Life Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 43: Malaysian Individual Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 44: Malaysian Individual Life Insurance - Direct Written Premium by Category (MYR Billion), 2010-2019
Figure 45: Malaysian Individual Life Insurance - Direct Written Premium by Category (Percentage Share), 2014 and 2019
Figure 46: Malaysian Individual Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 47: Malaysian Individual Life Insurance - Policies by Category (Thousand), 2010-2019
Figure 48: Malaysian Individual Life Insurance - Policies by Category (Percentage Share), 2014 and 2019
Figure 49: Malaysian Individual Life Insurance - Policies Dynamics by Category, 2010-2019
Figure 50: Malaysian Individual Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 51: Malaysian Individual Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 52: Malaysian Individual Whole Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 53: Malaysian Individual Whole Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 54: Malaysian Individual General Annuity Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 55: Malaysian Individual General Annuity Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 56: Malaysian Individual General Annuity Insurance - Direct Written Premium (MYR Million), 2010-2014
Figure 57: Malaysian Individual General Annuity Insurance - Direct Written Premium (MYR Million), 2014-2019
Figure 58: Malaysian Individual Endowment Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 59: Malaysian Individual Endowment Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 60: Malaysian Individual Endowment Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 61: Malaysian Individual Endowment Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 62: Malaysian Individual Term Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 63: Malaysian Individual Term Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 64: Malaysian Individual Term Life Insurance - Direct Written Premium (MYR Million), 2010-2014
Figure 65: Malaysian Individual Term Life Insurance - Direct Written Premium (MYR Million), 2014-2019
Figure 66: Malaysian Other Individual Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 67: Malaysian Other Individual Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 68: Malaysian Other Individual Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 69: Malaysian Other Individual Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 70: Malaysian Group Life Insurance - Gross Written Premium by Category (MYR Billion), 2010-2019
Figure 71: Malaysian Group Life Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 72: Malaysian Group Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 73: Malaysian Group Life Insurance - Direct Written Premium by Category (MYR Billion), 2010-2019
Figure 74: Malaysian Group Life Insurance - Direct Written Premium by Category (Percentage Share), 2014 and 2019
Figure 75: Malaysian Group Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 76: Malaysian Group Life Insurance - Policies by Category (Thousand), 2010-2019
Figure 77: Malaysian Group Life Insurance - Policies by Category (Percentage Share), 2014 and 2019
Figure 78: Malaysian Group Life Insurance - Policies Dynamics by Category, 2010-2019
Figure 79: Malaysian Group Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 80: Malaysian Group Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 81: Malaysian Group Whole Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 82: Malaysian Group Whole Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 83: Malaysian Other Group Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 84: Malaysian Other Group Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 85: Malaysian Other Group Life Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 86: Malaysian Other Group Life Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 87: Malaysian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 88: Malaysian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 89: Malaysian Individual Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Figure 90: Malaysian Individual Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Figure 91: Malaysian Individual Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 92: Malaysian Individual Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 93: Malaysian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 94: Malaysian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 95: Malaysian Individual Non-Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Figure 96: Malaysian Individual Non-Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Figure 97: Malaysian Individual Non-Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 98: Malaysian Individual Non-Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 99: Malaysian Group Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 100: Malaysian Group Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 101: Malaysian Group Single-Premium Insurance - Gross Written Premium (MYR Billion), 2010-2014
Figure 102: Malaysian Group Single-Premium Insurance - Gross Written Premium (MYR Billion), 2014-2019
Figure 103: Malaysian Group Single-Premium Insurance - Direct Written Premium (MYR Billion), 2010-2014
Figure 104: Malaysian Group Single-Premium Insurance - Direct Written Premium (MYR Billion), 2014-2019
Figure 105: Malaysian Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 106: Malaysian Group Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 107: Malaysian Group Non-Single-Premium Insurance - Gross Written Premium (MYR Million), 2010-2014
Figure 108: Malaysian Group Non-Single-Premium Insurance - Gross Written Premium (MYR Million), 2014-2019
Figure 109: Malaysian Group Non-Single-Premium Insurance - Direct Written Premium (MYR Million), 2010-2014
Figure 110: Malaysian Group Non-Single-Premium Insurance - Direct Written Premium (MYR Million), 2014-2019
Figure 111: Malaysian Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Figure 112: Malaysian Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Figure 113: Malaysian Linked Insurance Business - Gross Written Premium (MYR Billion), 2010-2014
Figure 114: Malaysian Linked Insurance Business - Gross Written Premium (MYR Billion), 2014-2019
Figure 115: Malaysian Linked Insurance Business - Direct Written Premium (MYR Billion), 2010-2014
Figure 116: Malaysian Linked Insurance Business - Direct Written Premium (MYR Billion), 2014-2019
Figure 117: Malaysian Non-Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Figure 118: Malaysian Non-Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Figure 119: Malaysian Non-Linked Insurance Business - Gross Written Premium (MYR Billion), 2010-2014
Figure 120: Malaysian Non-Linked Insurance Business - Gross Written Premium (MYR Billion), 2014-2019
Figure 121: Malaysian Non-Linked Insurance Business - Direct Written Premium (MYR Billion), 2010-2014
Figure 122: Malaysian Non-Linked Insurance Business - Direct Written Premium (MYR Billion), 2014-2019
Figure 123: Malaysian Life Insurance - New Business Direct Written Premium by Distribution Channel (Percentage Share), 2014 and 2019
Figure 124: Malaysian Life Insurance - Sales Force, 2010-2014
Figure 125: Malaysian Life Insurance - Sales Force, 2014-2019
Figure 126: Malaysian Life Insurance - Bancassurance Value of Commissions (MYR Billion), 2010-2014
Figure 127: Malaysian Life Insurance - Bancassurance Value of Commissions (MYR Billion), 2014-2019
Figure 128: Malaysian Life Insurance - Bancassurance New Business Direct Written Premium (MYR Billion), 2010-2014
Figure 129: Malaysian Life Insurance - Bancassurance New Business Direct Written Premium (MYR Billion), 2014-2019
Figure 130: Malaysian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2010-2014
Figure 131: Malaysian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2014-2019
Figure 132: Malaysian Life Insurance - Number of Banking Entities, 2010-2014
Figure 133: Malaysian Life Insurance - Number of Banking Entities, 2014-2019
Figure 134: Malaysian Life Insurance - Agencies' Value of Commissions (MYR Billion), 2010-2014
Figure 135: Malaysian Life Insurance - Agencies' Value of Commissions (MYR Billion), 2014-2019
Figure 136: Malaysian Life Insurance - Agencies' New Business Direct Written Premium (MYR Billion), 2010-2014
Figure 137: Malaysian Life Insurance - Agencies' New Business Direct Written Premium (MYR Billion), 2014-2019
Figure 138: Malaysian Life Insurance - New Policies Sold Through Agencies (Thousand), 2010-2014
Figure 139: Malaysian Life Insurance - New Policies Sold Through Agencies (Thousand), 2014-2019
Figure 140: Malaysian Life Insurance - Number of Insurance Agents, 2010-2014
Figure 141: Malaysian Life Insurance - Number of Insurance Agents, 2014-2019
Figure 142: Malaysian Life Insurance - Brokers' Value of Commissions (MYR Million), 2010-2014
Figure 143: Malaysian Life Insurance - Brokers' Value of Commissions (MYR Million), 2014-2019
Figure 144: Malaysian Life Insurance - Brokers' New Business Direct Written Premium (MYR Billion), 2010-2014
Figure 145: Malaysian Life Insurance - Brokers' New Business Direct Written Premium (MYR Billion), 2014-2019
Figure 146: Malaysian Life Insurance - New Policies Sold Through Brokers (Thousand), 2010-2014
Figure 147: Malaysian Life Insurance - New Policies Sold Through Brokers (Thousand), 2014-2019
Figure 148: Malaysian Life Insurance - Number of Insurance Brokers, 2010-2014
Figure 149: Malaysian Life Insurance - Number of Insurance Brokers, 2014-2019
Figure 150: Malaysian Life Insurance - Segment Shares (%), 2014
Figure 151: Malaysia - Ins

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