Page 73 - LIAM Annual Report 2021
P. 73

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
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