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  • Bifurcation of Insurance

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    The document shows that Malaysia's insurance industry has bifurcated into conventional and Takaful segments. There are 7 conventional life insurance companies, 2 Takaful operators, 38 non-life insurance companies, and 3 general Takaful operators. The total insurance penetration is 0.91%, with life insurance penetration at 0.62% and non-life insurance penetration at 0.29%.

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    The document shows that Malaysia's insurance industry has bifurcated into conventional and Takaful segments. There are 7 conventional life insurance companies, 2 Takaful operators, 38 non-life insurance companies, and 3 general Takaful operators. The total insurance penetration is 0.91%, with life insurance penetration at 0.62% and non-life insurance penetration at 0.29%.

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    3 views2 pages

    Bifurcation of Insurance

    Uploaded by

    jj
    The document shows that Malaysia's insurance industry has bifurcated into conventional and Takaful segments. There are 7 conventional life insurance companies, 2 Takaful operators, 38 non-life insurance companies, and 3 general Takaful operators. The total insurance penetration is 0.91%, with life insurance penetration at 0.62% and non-life insurance penetration at 0.29%.

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    © All Rights Reserved
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    of 2

    02

    BIFURCATION OF INSURANCE

    CHAPTER
    KEY HIGHLIGHTS FROM LIFE INSURANCE INDUSTRY

    9 Conventional Total Life &


    Takaful Insurance Companies
    7 Life Insurance Companies 2 Takaful Operators

    41 Total Non - Life


    Insurance Companies
    38 Non - Life
    Insurance Companies
    3 General
    Takaful Operators

    0.91% 0.62% 0.29%


    Total Insurance Penetration Life Insurance Penetration Non-Life Insurance Penetration
    02

    2 7 9

    3 38 41

    0.29% 0.62% 0.91%

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