Page 3 - LIAM Annual Report 2021
P. 3

2021 Life insurance industry’s HigHLigHts








             iN force                          Number of                         sum Assured
             ANNuAl Premiums                   Policies iN force                 iN force
             rM46.8 billion                    13.4 million                      rM1.8 trillion



             2021                              2021                              2021
             rM43.4 billion                    12.8 million                      rM1.7 trillion
             2020                              2020                              2020
             8%                                4.1%                              5.6%





             New busiNess                      New busiNess                      New busiNess
             (number of Policies)              (sum assured)                     totAl Premiums
             1.9 million                       rM461.1 billion rM12.8 billion



             2021                              2021                              2021
             1.2 million                       rM437.2 billion                   rM11.4 billion
             2020                              2020                              2020
             53.5%                             5.4%                              12.4%








                                  Number of AgeNts by educAtioN level 2021










              college/university      Mce/sPM             Hsc/stPM             Lce/srP             Primary
              41,989 41,662                             3,197                1,075                145







                            Number                               Number of
                            of AgeNts                            first time AgeNts
                                     2021: 88,068                        2021: 19,606


                                     2020: 82,042                        2020: 18,293


             Number of AgeNts                                                 Number of bANk stAff selliNg
             by geNder                                                        life iNsurANce
                      female:                        Male:                            2021: 16,928
                      44,430                         43,638                           2020: 17,252






           Source: Life Insurance Association of Malaysia (LIAM)
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