Malaysia Insurance Sector Report 2017/2018

Malaysia’s insurance sector comprises both conventional insurers and “takaful” operators, who provide insurance products consistent with Islamic Shariah principles. Insurance penetration in Malaysia is low relative to that in many developed countries, with an insurance penetration rate of only between 40% and 50%. With increasing medical costs, and the government’s policy goal of achieving an insurance penetration of 75% by 2020, the life insurance subsector will probably continue to experience rapid growth for the foreseeable future. Malaysia has recently undertaken reforms to liberalise the conduct of the general and life insurance businesses. These reforms are aimed at increasing competition in the insurance sector. 

This report provides a complete and detailed analysis of the insurance sector for Malaysia. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the insurance sector in Malaysia
• Access forecasts for growth in the sector
• View key data on insurance premiums and claims in Malaysia.
• Crystallise the forces both driving and restraining this sector in Malaysia
• Assess market share for the life insurance, non-life and reinsurance sectors
• Ascertain Malaysia’s position in the global sector
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Malaysia
• Build a clear picture of trends and issues for sub-sectors (life insurance, non-life insurance, reinsurance) and for retail channels.

See below for a complete table of report contents: