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Breakdown of life insurance companies' income in Malaysia from 2017 to 2024, by type of income (in billion Malaysian Ringgit)

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Sources

Release date

March 2025

Region

Malaysia

Survey time period

2017 to 2024

Supplementary notes

One Malaysian ringgit is equal to 0.23 U.S. dollars and 0.20 euros as of August 2025.

Figures have been rounded.

Citation formats

Breakdown of life insurance companies' income in Malaysia 2017-2024, by type

Published by Jenny Yang, Aug 12, 2025

In 2024, the total premium income of life insurance companies in Malaysia amounted to around **** billion Malaysian ringgit, an increase compared to the previous year. Since the share of the population with a life insurance is still relatively low, the insurance industry in Malaysia still has a high growth potential.

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