Malaysia

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

General Insurance Association of Malyasia
Web: www.piam.org.my

 

POPULATION, 2011-2014 (1)

Year Population
2011 28,728,607
2012 29,179,952
2013 29,628,392
2014 30,073,353

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $397.5
2010 378.9
2011 416.7
2012 447.0
2013 525.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $5,633
Life premiums 10,231
Total premiums $15,864
Percent of total world premiums 0.33%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company MYR Mn USD Mn
Allianz General Insurance Company (Malaysia) Berhad 1,975.4 639.6
AmGeneral Insurance Berhad 1,583.4 512.6
MSIG Insurance (Malaysia) Bhd 1,425.7 461.6
Etiqa Insurance Berhad 1,310.9 424.4
Lonpac Insurance Bhd 1,027.0 332.5
Tokio Marine Insurans (Malaysia) Berhad 1,013.3 328.0
AXA Affin General Insurance Berhad 963.2 311.9
ACE Jerneh Insurance Berhad 778.2 251.9
AIG Malaysia Insurance Berhad 624.4 202.2
Multi-Purpose Insurans Bhd 557.5 180.5

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2011

  Gross written premiums
Company MYR Mn USD Mn
Great Eastern  5,780.0 1,888.9
Prudential  4,359.6 1,424.7
ING  2,486.1 812.5
AIA Bhd  2,411.4 788.0
Hong Leong  1,674.6 547.2
Allianz Life  1,129.4 369.1
Etiqa  608.2 198.8
MCIS Zurich  587.3 191.9
Tokio Marine Life  475.2 155.3
ZURICH  466.7 152.5

Source: Axco Insurance Information Services.

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