Executive summary

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Scope

• This report provides a comprehensive analysis of the non-life insurance market in Malaysia:
• It provides historical values for Malaysia’s non-life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
• It offers a detailed analysis of the key sub-segments in Malaysia’s non-life insurance market, along with market forecasts until 2016
• It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
• It analyses the various distribution channels for non-life insurance products in Malaysia
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Malaysia for the non-life insurance business
• It provides a detailed analysis of the reinsurance market in Malaysia and its growth prospects
• It profiles the top non-life insurance companies in Malaysia and outlines the key regulations affecting them

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Key highlights

• The expansion of the Malaysian non-life insurance segment was strongly influenced by the country’s GDP growth and the increasing penetration rate of the Malaysian insurance industry.
• In 2011, the motor insurance category accounted for the largest proportion of the Malaysian non-life segment.
• The growth of the industry is also expected to be driven by increased risk awareness and propensity for risk avoidance among the Malaysian population.
• Although the agencies distribution channel dominates Malaysian non-life insurance, bancassurance is expected to record the strongest growth over the forecast period.

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Reasons to buy

• Make strategic business decisions using historic and forecast market data related to the Malaysian non-life insurance market and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Malaysian non-life insurance market
• Assess the competitive dynamics in the non-life insurance market, along with the reinsurance segment
• Identify the growth opportunities and market dynamics within key product categories
• Gain insights into key regulations governing the Malaysian insurance market and its impact on companies and the market's future

Table of contents

1 Executive Summary
2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 Malaysian Insurance Industry Attractiveness
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 Non-Life Insurance Segment Outlook
4.1 Non-Life Insurance Growth Prospects by Category
4.1.1 Property insurance category
4.1.2 Fire and allied perils insurance sub-category
4.1.3 Engineering insurance sub-category
4.1.4 Other property insurance sub-category
4.2 Motor Insurance Category
4.2.1 Motor hull insurance sub-category
4.2.2 Motor third-party insurance sub-category
4.3 General Third-Party Insurance Category
4.4 Marine, Aviation and Transit Insurance Category
4.4.1 Marine insurance sub-category
4.4.2 Marine hull insurance sub-category
4.4.3 Marine third-party insurance sub-category
4.4.4 Aviation insurance sub-category
4.4.5 Transit insurance sub-category
5 Analysis by Distribution Channel
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 E-Commerce Channel
5.5 Brokers Channel
5.6 Other Channels
6 Regulatory Policies
7 Porter’s Five Forces Analysis – Malaysian Non-Life Insurance Market
7.1 Bargaining Power of Supplier: Low
7.2 Bargaining Power of Buyer: Medium
7.3 Barriers to Entry: Low
7.4 Intensity of Rivalry: Medium to High
7.5 Threat of Substitutes: Low
8 Reinsurance Growth Dynamics and Challenges
8.1 Reinsurance Market Size, 2007–2016
8.2 Reinsurance Market Size by Type of Insurance, 2007–2016
9 Competitive Landscape and Strategic Insights
9.1 Overview
9.2 Leading Companies in the Malaysian Non-Life Insurance Segment
9.2.1 Gross written premium
9.2.2 Outwards reinsurance expense
9.2.3 Gross claims
9.2.4 Net earned premium
9.2.5 Paid claims
9.2.6 Total assets
9.2.7 Total investment income
9.3 MSIG Malaysia – Company Overview
9.3.1 MSIG Malaysia – key facts
9.3.2 MSIG Malaysia – key financials
9.4 Allianz General Insurance Company – Company Overview
9.4.1 Allianz General Insurance Company – key facts
9.4.2 Allianz General Insurance Company – key financials
9.5 Tokio Marine Insurans (Malaysia) Bhd – Company Overview
9.5.1 Tokio Marine Insurans (Malaysia) Bhd – key facts
9.5.2 Tokio Marine Insurans (Malaysia) Bhd – key financials
9.6 Etiqa Insurance Bhd – Company Overview
9.6.1 Etiqa Insurance Bhd – key facts
9.6.2 Etiqa Insurance Bhd – key financials
9.7 Kurnia Insurans (Malaysia) Bhd – Company Overview
9.7.1 Kurnia Insurans (Malaysia) Bhd – key facts
9.7.2 Kurnia Insurans (Malaysia) Bhd – key financials
9.8 Lonpac Insurance Bhd – Company Overview
9.8.1 Lonpac Insurance Bhd – key facts
9.8.2 Lonpac Insurance Bhd – key financials
9.9 Berjaya Sompo Insurance Bhd – Company Overview
9.9.1 Berjaya Sompo Insurance Bhd – key facts
9.9.2 Berjaya Sompo Insurance Bhd – key financials
9.1 Uni.Asia General Insurance Bhd – Company Overview
9.10.1 Uni.Asia General Insurance Bhd – key facts
9.10.2 Uni.Asia General Insurance Bhd – key financials
9.11 MAA Assurance – Company Overview
9.11.1 MAA Assurance – key facts
9.11.2 MAA Assurance – key financials
10 Business Environment and Country Risk
10.1 Business Confidence
10.1.1 Business confidence indicator
10.1.2 Market capitalization trend – the Bursa Malaysia stock exchange, Malaysia
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP by key segments
10.2.6 Agriculture net output at current prices (Malaysian ringgit)
10.2.7 Agriculture net output at current prices (US dollars)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Malaysian ringgit)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Malaysian ringgit)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
10.2.15 Construction net output at current prices (Malaysian ringgit)
10.2.16 Construction net output at current prices, (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports as a percentage of GDP
10.2.21 Imports as a percentage of GDP
10.2.22 Exports growth
10.2.23 Imports growth
10.2.24 External debt as a percentage of GDP
10.2.25 Annual average exchange rate US$–MYR
10.2.26 End-of-period exchange rate US$–MYR
10.3 Infrastructure Quality and Availability
10.3.1 Total airports and sea ports
10.3.2 Railways and roadways
10.3.3 Passenger vehicle production volume
10.3.4 Commercial vehicle production volume
10.3.5 Automotive component exports trend
10.3.6 Automotive component imports trend
10.3.7 Passenger car penetration
10.3.8 Healthcare expenditure
10.3.9 Healthcare expenditure as a percentage of GDP
10.3.10 Healthcare expenditure per capita
10.3.11 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural populations
10.5.5 Females as a percentage of the total population
10.5.6 Males as a percentage of the total population
10.5.7 Mean age of the population
10.5.8 Median age of population
10.5.9 Population density
10.5.10 Age distribution of the total population
10.5.11 Age distribution of the male population
10.5.12 Age distribution of the female population
10.5.13 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism index
10.6.3 Transparency index
11 Appendix
11.1 Methodology
11.2 Contact Us
11.3 About Timetric
11.4 Disclaimer

List of tables

Table 1: Insurance Industry Definitions
Table 2: Malaysian Insurance – Overall Written Premium by Segment (MYR Billion), 2007–2011
Table 3: Malaysian Insurance – Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Malaysian Insurance – Overall Written Premium by Segment (MYR Billion), 2011–2016
Table 5: Malaysian Insurance – Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Malaysian Insurance – Segmentation (% Share), 2007–2016
Table 7: Malaysian Non-Life Insurance – Written Premium by Category (MYR Billion), 2007–2011
Table 8: Malaysian Non-Life Insurance – Written Premium by Category (US$ Billion), 2007–2011
Table 9: Malaysian Non-Life Insurance – Written Premium by Category (MYR Billion), 2011–2016
Table 10: Malaysian Non-Life Insurance – Written Premium by Category (US$ Billion), 2011–2016
Table 11: Malaysian Non-Life Insurance – Earned Premium (MYR Billion), 2007–2011
Table 12: Malaysian Non-Life Insurance – Earned Premium (MYR Billion), 2011–2016
Table 13: Malaysian Non-Life Insurance – Paid Claims by Category (MYR Billion), 2007–2011
Table 14: Malaysian Non-Life Insurance – Paid Claims by Category (US$ Billion), 2007–2011
Table 15: Malaysian Non-Life Insurance – Paid Claims by Category (MYR Billion), 2011–2016
Table 16: Malaysian Non-Life Insurance – Paid Claims by Category (US$ Billion), 2011–2016
Table 17: Malaysian Non-Life Insurance – Incurred Loss by Category (MYR Billion), 2007–2011
Table 18: Malaysian Non-Life Insurance – Incurred Loss by Category (US$ Billion), 2007–2011
Table 19: Malaysian Non-Life Insurance – Incurred Loss by Category (MYR Billion), 2011–2016
Table 20: Malaysian Non-Life Insurance – Incurred Loss by Category (US$ Billion), 2011–2016
Table 21: Malaysian Non-Life Insurance – Loss Ratio (%), 2007–2011
Table 22: Malaysian Non-Life Insurance – Loss Ratio (%), 2011–2016
Table 23: Malaysian Non-Life Insurance – Commission and Expenses (MYR Billion), 2007–2011
Table 24: Malaysian Non-Life Insurance – Commission and Expenses (MYR Billion), 2011–2016
Table 25: Malaysian Non-Life Insurance – Combined Ratio (%), 2007–2011
Table 26: Malaysian Non-Life Insurance – Combined Ratio (%), 2011–2016
Table 27: Malaysian Non-Life Insurance – Frauds and Crimes (MYR Billion), 2007–2011
Table 28: Malaysian Non-Life Insurance – Frauds and Crimes (MYR Billion), 2011–2016
Table 29: Malaysian Non-Life Insurance – Total Assets (MYR Billion), 2007–2011
Table 30: Malaysian Non-Life Insurance – Total Assets (MYR Billion), 2011–2016
Table 31: Malaysian Non-Life Insurance – Total Investment Income (MYR Billion), 2007–2011
Table 32: Malaysian Non-Life Insurance – Total Investment Income (MYR Billion), 2011–2016
Table 33: Malaysian Non-Life Insurance – Retentions (MYR Billion), 2007–2011
Table 34: Malaysian Non-Life Insurance – Retentions (MYR Billion), 2011–2016
Table 35: Malaysian Property Insurance – Written Premium by Sub-Category (MYR Billion), 2007–2011
Table 36: Malaysian Property Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 37: Malaysian Property Insurance – Written Premium by Sub-Category (MYR Billion), 2011–2016
Table 38: Malaysian Property Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 39: Malaysian Property Insurance – Loss Ratio (%), 2007–2011
Table 40: Malaysian Property Insurance – Loss Ratio (%), 2011–2016
Table 41: Malaysian Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 42: Malaysian Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 43: Malaysian Fire and Allied Perils Insurance – Written Premium (MYR Billion), 2007–2011
Table 44: Malaysian Fire and Allied Perils Insurance – Written Premium (MYR Billion), 2011–2016
Table 45: Malaysian Engineering Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 46: Malaysian Engineering Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 47: Malaysian Engineering Insurance – Written Premium (MYR Billion), 2007–2011
Table 48: Malaysian Engineering Insurance – Written Premium (MYR Billion), 2011–2016
Table 49: Malaysian Other Property Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 50: Malaysian Other Property Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 51: Malaysian Other Property Insurance – Written Premium (MYR Billion), 2007–2011
Table 52: Malaysian Other Property Insurance – Written Premium (MYR Billion), 2011–2016
Table 53: Malaysian Motor Insurance – Written Premium by Sub-Category (MYR Billion), 2007–2011
Table 54: Malaysian Motor Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 55: Malaysian Motor Insurance – Written Premium by Sub-Category (MYR Billion), 2011–2016
Table 56: Malaysian Motor Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 57: Malaysian Motor Insurance – Loss Ratio (%), 2007–2011
Table 58: Malaysian Motor Insurance – Loss Ratio (%), 2011–2016
Table 59: Malaysian Motor Hull Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 60: Malaysian Motor Hull Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 61: Malaysian Motor Hull Insurance – Written Premium (MYR Billion), 2007–2011
Table 62: Malaysian Motor Hull Insurance – Written Premium (MYR Billion), 2011–2016
Table 63: Malaysian Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 64: Malaysian Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 65: Malaysian Motor Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Table 66: Malaysian Motor Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Table 67: Malaysian General Third-Party Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 68: Malaysian General Third-Party Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 69: Malaysian General Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Table 70: Malaysian General Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Table 71: Malaysian General Third-Party Insurance – Loss Ratio (%), 2007–2011
Table 72: Malaysian General Third-Party Insurance – Loss Ratio (%), 2011–2016
Table 73: Malaysian Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (MYR Billion), 2007–2011
Table 74: Malaysian Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (US$ Billion), 2007–2011
Table 75: Malaysian Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (MYR Billion), 2011–2016
Table 76: Malaysian Marine, Aviation and Transit Insurance – Written Premium by Sub-Category (US$ Billion), 2011–2016
Table 77: Malaysian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2007–2011
Table 78: Malaysian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2011–2016
Table 79: Malaysian Marine Insurance – Written Premium by Sub-category (MYR Billion), 2007–2011
Table 80: Malaysian Marine Insurance – Written Premium by Sub-category (US$ Billion), 20–2011
Table 81: Malaysian Marine Insurance – Written Premium by Sub-category (MYR Billion), 2011–2016
Table 82: Malaysian Marine Insurance – Written Premium by Sub-category (US$ Billion), 2011–2016
Table 83: Malaysian Marine Hull Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 84: Malaysian Marine Hull Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 85: Malaysian Marine Hull Insurance – Written Premium (MYR Billion), 2007–2011
Table 86: Malaysian Marine Hull Insurance – Written Premium (MYR Billion), 2011–2016
Table 87: Malaysian Marine Third-Party Insurance – Number of Policies Sold, 2007–2011
Table 88: Malaysian Marine Third-Party Insurance – Number of Policies Sold, 2011–2016
Table 89: Malaysian Marine Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Table 90: Malaysian Marine Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Table 91: Malaysian Aviation Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 92: Malaysian Aviation Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 93: Malaysian Aviation Insurance – Written Premium (MYR Billion), 2007–2011
Table 94: Malaysian Aviation Insurance – Written Premium (MYR Billion), 2011–2016
Table 95: Malaysian Transit Insurance – Number of Policies Sold (Thousand), 2007–2011
Table 96: Malaysian Transit Insurance – Number of Policies Sold (Thousand), 2011–2016
Table 97: Malaysian Transit Insurance – Written Premium (MYR Billion), 2007–2011
Table 98: Malaysian Transit Insurance – Written Premium (MYR Billion), 2011–2016
Table 99: Malaysian Non-Life Insurance – Direct Marketing Commission Paid (MYR Billion), 2007–2011
Table 100: Malaysian Non-Life Insurance – Direct Marketing Commission Paid (MYR Billion), 2011–2016
Table 101: Malaysian Non-Life Insurance – Written Premium Through Direct Marketing (MYR Billion), 2007–2011
Table 102: Malaysian Non-Life Insurance – Written Premium Through Direct Marketing (MYR Billion), 2011–2016
Table 103: Malaysian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Table 104: Malaysian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 105: Malaysian Non-Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 106: Malaysian Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 107: Malaysian Non-Life Insurance – Bancassurance Commission Paid (MYR Billion), 2007–2011
Table 108: Malaysian Non-Life Insurance – Bancassurance Commission Paid (MYR Billion), 2011–2016
Table 109: Malaysian Non-Life Insurance – Written Premium Through Bancassurance (MYR Billion), 2007–2011
Table 110: Malaysian Non-Life Insurance – Written Premium Through Bancassurance (MYR Billion), 2011–2016
Table 111: Malaysian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 112: Malaysian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 113: Malaysian Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Table 114: Malaysian Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Table 115: Malaysian Non-Life Insurance – Commission Paid to Agencies (MYR Billion), 2007–2011
Table 116: Malaysian Non-Life Insurance – Commission Paid to Agencies (MYR Billion), 2011–2016
Table 117: Malaysian Non-Life Insurance – Written Premium Through Agencies (MYR Billion), 2007–2011
Table 118: Malaysian Non-Life Insurance – Written Premium Through Agencies (MYR Billion), 2011–2016
Table 119: Malaysian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 120: Malaysian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 121: Malaysian Non-Life Insurance – Number of Agencies, 2007–2011
Table 122: Malaysian Non-Life Insurance – Number of Agencies, 2011–2016
Table 123: Malaysian Non-Life Insurance – E-Commerce Commission Paid (MYR Billion), 2007–2011
Table 124: Malaysian Non-Life Insurance – E-Commerce Commission Paid (MYR Billion), 2011–2016
Table 125: Malaysian Non-Life Insurance – Written Premium Through E-Commerce (MYR Billion), 2007–2011
Table 126: Malaysian Non-Life Insurance – Written Premium Through E-Commerce (MYR Billion), 2011–2016
Table 127: Malaysian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Table 128: Malaysian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Table 129: Malaysian Non-Life Insurance – Number of E-Commerce Distributors, 2007–2011
Table 130: Malaysian Non-Life Insurance – Number of E-Commerce Distributors, 2011–2016
Table 131: Malaysian Non-Life Insurance – Commission Paid to Brokers (MYR Billion), 2007–2011
Table 132: Malaysian Non-Life Insurance – Commission Paid to Brokers (MYR Billion), 2011–2016
Table 133: Malaysian Non-Life Insurance – Written Premium Through Brokers (MYR Billion), 2007–2011
Table 134: Malaysian Non-Life Insurance – Written Premium Through Brokers (MYR Billion), 2011–2016
Table 135: Malaysian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Table 136: Malaysian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Table 137: Malaysian Non-Life Insurance – Number of Brokers, 2007–2011
Table 138: Malaysian Non-Life Insurance – Number of Brokers, 2011–2016
Table 139: Malaysian Non-Life Insurance – Commission Paid to Other Channels (MYR Billion), 2007–2011
Table 140: Malaysian Non-Life Insurance – Commission Paid to Other Channels (MYR Billion), 2011–2016
Table 141: Malaysian Non-Life Insurance – Written Premium Through Other Channels (MYR Billion), 2007–2011
Table 142: Malaysian Non-Life Insurance – Written Premium Through Other Channels (MYR Billion), 2011–2016
Table 143: Malaysian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 144: Malaysian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 145: Malaysian Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Table 146: Malaysian Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Table 147: Reinsurance Market in Malaysia by Category (MYR Billion), 2007–2011
Table 148: Reinsurance Market in Malaysia by Category (US$ Billion), 2007–2011
Table 149: Reinsurance Market in Malaysia by Category (MYR Billion), 2011–2016
Table 150: Reinsurance Market in Malaysia by Category (US$ Billion), 2011–2016
Table 151: Malaysian Premium Ceded to Reinsurance by Type of Insurance (MYR Billion), 2007–2011
Table 152: Malaysian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2007–2011
Table 153: Malaysian Premium Ceded to Reinsurance by Type of Insurance (MYR Billion), 2011–2016
Table 154: Malaysian Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2011–2016
Table 155: Malaysian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 156: Malaysian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 157: Malaysian Non-Life Insurance – Market Shares (%), 2007–2011
Table 158: MSIG Malaysia, Key Facts
Table 159: MSIG Malaysia, Key Financials (MYR Thousand)
Table 160: Allianz General Insurance Company, Key Facts
Table 161: Allianz General Insurance Company, Key Financials (MYR Thousand)
Table 162: Tokio Marine Insurans (Malaysia) Bhd, Key Facts
Table 163: Tokio Marine Insurans (Malaysia) Bhd, Key Financials (MYR Thousand)
Table 164: Etiqa Insurance Bhd, Key Facts
Table 165: Etiqa Insurance Bhd, Key Financials (MYR Thousand)
Table 166: Kurnia Insurans (Malaysia) Bhd, Key Facts
Table 167: Kurnia Insurans (Malaysia) Bhd, Key Financials (MYR Thousand)
Table 168: Lonpac Insurance Bhd, Key Facts
Table 169: Lonpac Insurance Bhd, Key Financials (MYR Thousand)
Table 170: Berjaya Sompo Insurance Bhd, Key Facts
Table 171: Berjaya Sompo Insurance Bhd, Key Financials (MYR Thousand)
Table 172: Uni.Asia General Insurance Bhd, Key Facts
Table 173: Uni.Asia General Insurance Bhd, Key Financials (MYR Thousand)
Table 174: MAA Assurance, Key Facts
Table 175: MAA Assurance, Key Financials (MYR Thousand)

List of figures

Figure 1: Malaysian Insurance – Overall Written Premium by Segment (MYR Billion), 2007–2016
Figure 2: Malaysian Insurance – Market Dynamics by Segment, 2007–2016
Figure 3: Malaysian Non-Life Insurance – Written Premium by Category (MYR Billion), 2007–2016
Figure 4: Malaysian Non-Life Insurance – Written Premium by Category (% Share), 2011 and 2016
Figure 5: Malaysian Non-Life Insurance – Market Dynamics by Category, 2007–2016
Figure 6: Malaysian Non-Life Insurance – Earned Premium (MYR Billion), 2007–2011
Figure 7: Malaysian Non-Life Insurance – Earned Premium (MYR Billion), 2011–2016
Figure 8: Malaysian Non-Life Insurance – Paid Claims by Category (MYR Billion), 2007–2016
Figure 9: Malaysian Non-Life Insurance – Incurred Loss by Category (MYR Billion), 2007–2016
Figure 10: Malaysian Non-Life Insurance – Loss Ratio (%), 2007–2011
Figure 11: Malaysian Non-Life Insurance – Loss Ratio (%), 2011–2016
Figure 12: Malaysian Non-Life Insurance – Commission and Expenses (MYR Billion), 2007–2011
Figure 13: Malaysian Non-Life Insurance – Commission and Expenses (MYR Billion), 2011–2016
Figure 14: Malaysian Non-Life Insurance – Combined Ratio (%), 2007–2011
Figure 15: Malaysian Non-Life Insurance – Combined Ratio (%), 2011–2016
Figure 16: Malaysian Non-Life Insurance – Frauds and Crimes (MYR Billion), 2007–2011
Figure 17: Malaysian Non-Life Insurance – Frauds and Crimes (MYR Billion), 2011–2016
Figure 18: Malaysian Non-Life Insurance – Total Assets (MYR Billion), 2007–2011
Figure 19: Malaysian Non-Life Insurance – Total Assets (MYR Billion), 2011–2016
Figure 20: Malaysian Non-Life Insurance – Total Investment Income (MYR Billion), 2007–2011
Figure 21: Malaysian Non-Life Insurance – Total Investment Income (MYR Billion), 2011–2016
Figure 22: Malaysian Non-Life Insurance – Retentions (MYR Billion), 2007–2011
Figure 23: Malaysian Non-Life Insurance – Retentions (MYR Billion), 2011–2016
Figure 24: Malaysian Non-Life Insurance – Investment Portfolio (MYR Billion), 2007–2011
Figure 25: Malaysian Non-Life Insurance – Investment Portfolio (% Share), 2007 and 2011
Figure 26: Malaysian Non-Life Insurance – Penetration (% of GDP), 2007–2011
Figure 27: Malaysian Non-Life Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 28: Malaysian Non-Life Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 29: Malaysian Non-Life Insurance – Premium Per Capita (MYR), 2007–2011
Figure 30: Malaysian Property Insurance – Written Premium (MYR Billion) by Sub-Category, 2007–2016
Figure 31: Malaysian Property Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 32: Malaysian Property Insurance – Loss Ratio (%), 2007–2011
Figure 33: Malaysian Property Insurance – Loss Ratio (%), 2011–2016
Figure 34: Malaysian Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 35: Malaysian Fire and Allied Perils Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 36: Malaysian Fire and Allied Perils Insurance – Written Premium (MYR Billion), 2007–2011
Figure 37: Malaysian Fire and Allied Perils Insurance – Written Premium (MYR Billion), 2011–2016
Figure 38: Malaysian Engineering Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 39: Malaysian Engineering Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 40: Malaysian Engineering Insurance – Written Premium (MYR Billion), 2007–2011
Figure 41: Malaysian Engineering Insurance – Written Premium (MYR Billion), 2011–2016
Figure 42: Malaysian Other Property Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 43: Malaysian Other Property Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 44: Malaysian Other Property Insurance – Written Premium (MYR Billion), 2007–2011
Figure 45: Malaysian Other Property Insurance – Written Premium (MYR Billion), 2011–2016
Figure 46: Malaysian Motor Insurance – Written Premium by Sub-Category (MYR Billion), 2007–2016
Figure 47: Malaysian Motor Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 48: Malaysian Motor Insurance – Loss Ratio (%), 2007–2011
Figure 49: Malaysian Motor Insurance – Loss Ratio (%), 2011–2016
Figure 50: Malaysian Motor Hull Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 51: Malaysian Motor Hull Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 52: Malaysian Motor Hull Insurance – Written Premium (MYR Billion), 2007–2011
Figure 53: Malaysian Motor Hull Insurance – Written Premium (MYR Billion), 2011–2016
Figure 54: Malaysian Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 55: Malaysian Motor Third-Party Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 56: Malaysian Motor Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Figure 57: Malaysian Motor Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Figure 58: Malaysian General Third-Party Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 59: Malaysian General Third-Party Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 60: Malaysian General Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Figure 61: Malaysian General Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Figure 62: Malaysian General Third-Party Insurance – Loss Ratio (%), 2007–2011
Figure 63: Malaysian General Third-Party Insurance – Loss Ratio (%), 2011–2016
Figure 64: Malaysian Marine, Aviation and Transit Insurance – Written Premium (MYR Billion) by Sub-Category, 2007–2016
Figure 65: Malaysian Marine, Aviation and Transit Insurance – Market Dynamics by Sub-Category, 2007–2016
Figure 66: Malaysian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2007–2011
Figure 67: Malaysian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2011–2016
Figure 68: Malaysian Marine Insurance – Written Premium by Sub-Category (MYR Billion), 2007–2016
Figure 69: Malaysian Marine Insurance – Market Dynamics by Sub-category, 2007–2016
Figure 70: Malaysian Marine Hull Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 71: Malaysian Marine Hull Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 72: Malaysian Marine Hull Insurance – Written Premium (MYR Billion), 2007–2011
Figure 73: Malaysian Marine Hull Insurance – Written Premium (MYR Billion), 2011–2016
Figure 74: Malaysian Marine Third-Party Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 75: Malaysian Marine Third-Party Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 76: Malaysian Marine Third-Party Insurance – Written Premium (MYR Billion), 2007–2011
Figure 77: Malaysian Marine Third-Party Insurance – Written Premium (MYR Billion), 2011–2016
Figure 78: Malaysian Aviation Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 79: Malaysian Aviation Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 80: Malaysian Aviation Insurance – Written Premium (MYR Billion), 2007–2011
Figure 81: Malaysian Aviation Insurance – Written Premium (MYR Billion), 2011–2016
Figure 82: Malaysian Transit Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 83: Malaysian Transit Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 84: Malaysian Transit Insurance – Written Premium (MYR Billion), 2007–2011
Figure 85: Malaysian Transit Insurance – Written Premium (MYR Billion), 2011–2016
Figure 86: Malaysian Non-Life Insurance – Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 87: Malaysian Non-Life Insurance – Direct Marketing Commission Paid (MYR Billion), 2007–2011
Figure 88: Malaysian Non-Life Insurance – Direct Marketing Commission Paid (MYR Billion), 2011–2016
Figure 89: Malaysian Non-Life Insurance – Written Premium Through Direct Marketing (MYR Billion), 2007–2011
Figure 90: Malaysian Non-Life Insurance – Written Premium Through Direct Marketing (MYR Billion), 2011–2016
Figure 91: Malaysian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 92: Malaysian Non-Life Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 93: Malaysian Non-Life Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 94: Malaysian Non-Life Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 95: Malaysian Non-Life Insurance – Bancassurance Commission Paid (MYR Billion), 2007–2011
Figure 96: Malaysian Non-Life Insurance – Bancassurance Commission Paid (MYR Billion), 2011–2016
Figure 97: Malaysian Non-Life Insurance – Written Premium Through Bancassurance (MYR Billion), 2007–2011
Figure 98: Malaysian Non-Life Insurance – Written Premium Through Bancassurance (MYR Billion), 2011–2016
Figure 99: Malaysian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 100: Malaysian Non-Life Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 101: Malaysian Non-Life Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 102: Malaysian Non-Life Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 103: Malaysian Non-Life Insurance – Commission Paid to Agencies (MYR Billion), 2007–2011
Figure 104: Malaysian Non-Life Insurance – Commission Paid to Agencies (MYR Billion), 2011–2016
Figure 105: Malaysian Non-Life Insurance – Written Premium Through Agencies (MYR Billion), 2007–2011
Figure 106: Malaysian Non-Life Insurance – Written Premium Through Agencies (MYR Billion), 2011–2016
Figure 107: Malaysian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 108: Malaysian Non-Life Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 109: Malaysian Non-Life Insurance – Number of Agencies, 2007–2011
Figure 110: Malaysian Non-Life Insurance – Number of Agencies, 2011–2016
Figure 111: Malaysian Non-Life Insurance – E-Commerce Commission Paid (MYR Billion), 2007–2011
Figure 112: Malaysian Non-Life Insurance – E-Commerce Commission Paid (MYR Billion), 2011–2016
Figure 113: Malaysian Non-Life Insurance – Written Premium Through E-Commerce (MYR Billion), 2007–2011
Figure 114: Malaysian Non-Life Insurance – Written Premium Through E-Commerce (MYR Billion), 2011–2016
Figure 115: Malaysian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Figure 116: Malaysian Non-Life Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Figure 117: Malaysian Non-Life Insurance – Number of E-Commerce Distributors, 2007–2011
Figure 118: Malaysian Non-Life Insurance – Number of E-Commerce Distributors, 2011–2016
Figure 119: Malaysian Non-Life Insurance – Commission Paid to Brokers (MYR Billion), 2007–2011
Figure 120: Malaysian Non-Life Insurance – Commission Paid to Brokers (MYR Billion), 2011–2016
Figure 121: Malaysian Non-Life Insurance – Written Premium Through Brokers (MYR Billion), 2007–2011
Figure 122: Malaysian Non-Life Insurance – Written Premium Through Brokers (MYR Billion), 2011–2016
Figure 123: Malaysian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Figure 124: Malaysian Non-Life Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Figure 125: Malaysian Non-Life Insurance – Number of Brokers, 2007–2011
Figure 126: Malaysian Non-Life Insurance – Number of Brokers, 2011–2016
Figure 127: Malaysian Non-Life Insurance – Commission Paid to Other Channels (MYR Billion), 2007–2011
Figure 128: Malaysian Non-Life Insurance – Commission Paid to Other Channels (MYR Billion), 2011–2016
Figure 129: Malaysian Non-Life Insurance – Written Premium Through Other Channels (MYR Billion), 2007–2011
Figure 130: Malaysian Non-Life Insurance – Written Premium Through Other Channels (MYR Billion), 2011–2016
Figure 131: Malaysian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 132: Malaysian Non-Life Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 133: Malaysian Non-Life Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 134: Malaysian Non-Life Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 135: Malaysian Non-Life Insurance – Five Forces Analysis
Figure 136: Malaysian Premium Ceded to Reinsurance by Category (MYR Billion), 2007–2016
Figure 137: Malaysian Premium Ceded to Reinsurance by Category (% Share), 2011 and 2016
Figure 138: Malaysian Reinsurance Market Dynamics by Category, 2007–2016
Figure 139: Malaysian Premium Ceded to Reinsurance by Type of Insurance (MYR Billion), 2007–2016
Figure 140: Malaysian Reinsurance Market Dynamics by Type of Insurance, 2007–2016
Figure 141: Malaysian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 142: Malaysian Non-Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 143: Malaysian Non-Life Insurance – Market Shares (%),2007–2011
Figure 144: Gross Written Premium – Top Five Malaysian Non-Life Insurers, 2011
Figure 145: Outwards Reinsurance Expense – Top Five Malaysian Non-Life Insurers, 2011
Figure 146: Gross Claims –Top Five Malaysian Non-Life Insurers, 2011
Figure 147: Net Earned Premium –Top Five Malaysian Non-Life Insurers, 2011
Figure 148: Paid Claims –Top Five Malaysian Non-Life Insurers, 2011
Figure 149: Total Assets –Top Five Malaysian Non-Life Insurers, 2011
Figure 150: Total Investment Income – Top Five Malaysian Non-Life Insurers, 2011
Figure 151: Malaysian Business Confidence Indicator, Q1 2008–Q2 2012
Figure 152: Bursa Malaysia Stock Exchange Market Capitalization (US$ Billion), 2007– 2011
Figure 153: Malaysian GDP at Constant Prices (US$ Billion), 2007–2011
Figure 154: Malaysian GDP Per Capita at Constant Prices (US$), 2007–2011
Figure 155: Malaysian GDP at Current Prices (US$ Billion), 2007–2011
Figure 156: Malaysian GDP Per Capita at Current Prices (US$), 2007–2011
Figure 157: Malaysian GDP by Key Segments (%) 2007 and 2011
Figure 158: Malaysian Agriculture Net Output at Current Prices (MYR Billion), 2007–2011
Figure 159: Malaysian Agriculture Net Output at Current Prices (US$ Billion), 2007–2011
Figure 160: Malaysian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 161: Malaysian Manufacturing Net Output at Current Prices (MYR Billion), 2007–2011
Figure 162: Malaysian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2011
Figure 163: Malaysian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 164: Malaysian Mining, Manufacturing and Utilities Net Output at Current Prices (MYR Billion), 2007–2011
Figure 165: Malaysian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2011
Figure 166: Malaysian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007–2011
Figure 167: Malaysian Construction Net Output at Current Prices (MYR Billion), 2007–2011
Figure 168: Malaysian Construction Net Output at Current Prices (US$ Billion), 2007–2011
Figure 169: Malaysian Construction Output at Current Prices as a Percentage of GDP (%), 2007–2011
Figure 170: Malaysian Inflation Rate (%), 2007–2011
Figure 171: Malaysian Current Account Balance as a Percentage of GDP (%), 2007–2011
Figure 172: Malaysian Exports as a Percentage of GDP (%), 2007–2011
Figure 173: Malaysian Imports as a Percentage of GDP (%), 2007–2011
Figure 174: Malaysian Exports Growth (%), 2007–2011
Figure 175: Malaysian Imports Growth (%), 2007–2011
Figure 176: Malaysian External Debt as a Percentage of GDP (%), 2007–2011
Figure 177: Malaysian Annual Average Exchange Rate US$–MYR, 2007–2011
Figure 178: Malaysian End-of-Period Exchange Rate US$–MYR, 2007–2011
Figure 179: Total Number of Malaysian Airports and Sea Ports, 2011
Figure 180: Malaysian Railways and Roadways (Kilometers), 2011
Figure 181: Malaysian Passenger Vehicle Production, 2007–2011
Figure 182: Malaysian Commercial Vehicle Production, 2007–2011
Figure 183: Malaysian Automotive Component Exports (US$ Billion), 2007–2011
Figure 184: Malaysian Automotive Component Imports (US$ Billion), 2007–2011
Figure 185: Malaysian Passenger Car Penetration, 2007–2011
Figure 186: Malaysian Healthcare Expenditure (US$ Billion), 2007–2011
Figure 187: Malaysian Healthcare Expenditure as a Percentage of GDP (%), 2007–2011
Figure 188: Malaysian Per Capita Healthcare Expenditure (US$), 2007–2011
Figure 189: Malaysian Internet Subscriptions (Millions), 2007–2011
Figure 190: Malaysian Size of Labor Force in 15–59 Age Group (Million), 2007–2011
Figure 191: Malaysian Unemployment Rate (%), 2007–2011
Figure 192: Malaysian Annual Disposable Income (US$ Billion), 2007–2011
Figure 193: Malaysian Annual Per Capita Disposable Income (US$), 2007–2011
Figure 194: Malaysian Total Population (Million), 2007–2011
Figure 195: Malaysian Urban and Rural Populations (%), 2007–2011
Figure 196: Malaysian Female as a Percentage of the Total Population (%), 2007–2011
Figure 197: Malaysian Males as a Percentage of the Total Population (%), 2007–2011
Figure 198: Malaysian Mean Age of Population (Years), 2007–2011
Figure 199: Malaysian Median Age of Population (Years), 2007–2011
Figure 200: Malaysian Population Density (per Square Kilometer), 2007–2011
Figure 201: Malaysian Population Distribution by Age (%), 2007–2011
Figure 202: Malaysian Male Population Distribution by Age (%), 2007–2011
Figure 203: Malaysian Female Population Distribution by Age (%), 2007–2011
Figure 204: Malaysian Households, Number of (Million), 2007–2011
Figure 205: Global Terrorism Heat Map, 2011
Figure 206: Malaysian Transparency Index, 2007–2011