Page 73 - LIAM Annual Report 2021
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AnnuAl RepoRt 2021 71
PERFoRmancE oF thE liFE insuRancE industRy
liFE insuRancE BusinEss (2017-2021)
numBER oF PoliciEs
New Business (Units) Total Business In Force (Units)
12,672,247 12,667,037 12,743,316 12,849,001
15,000,000 13,373,023
12,000,000
9,000,000
6,000,000
1,329,795 1,238,249 1,315,232 1,222,048
3,000,000 1,876,252
0
2017 2018 2019 2020 2021
sums insuREd
New Business (RM million) Total Business In Force (RM million) 1,779,478.3
1,800,000 1,510,010.8 1,615,201.7 1,685,757.4
1,378,401.5
1,600,000
1,400,000
1,200,000
1,000,000
800,000
600,000 408,635.0 452,101.8 470,279.6 437,247.5 461,061.0
400,000
200,000
0
2017 2018 2019 2020 2021
* Source: Bank Negara Malaysia - Monthly Highlights and Statistics January 2022