Page 74 - LIAM Annual Report 2021
P. 74
Life insurance association of MaLaysia 72
PERFoRmancE oF thE liFE insuRancE industRy
liFE insuRancE BusinEss (2017-2021)
nEw BusinEss : total PREmiums
New Business: Total Premiums (RM million)
14,000 11,761.4 12,791.9
10,123.7 10,303.5
12,000 11,385.7
10,000
8,000
6,000
4,000
2,000
0
2017 2018 2019 2020 2021
total BusinEss in FoRcE: annual PREmiums
Total Business In Force: Annual Premiums (RM million)
45,000 39,340.9 42,656.7
40,000 36,969.6
32,442.1 34,393.6
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
2017 2018 2019 2020 2021
* Source: Bank Negara Malaysia - Monthly Highlights and Statistics January 2022
