Key Market Indicators
Malaysian gross written premium is forecast to reach $19.2 billion by 2026. In 2021, it was $17.4 billion - up 1.3% year-on-year. Since 2014, Malaysia's insurance industry has grown at an average of 2.9% year-on-year. In 2021, Malaysia ranked 27th on the list of world countries ranked by gross written premium. Israel overtook Malaysia with $17.4 billion, while the United Kingdom, Japan and Germany followed in second, third and fourth place respectively.
