Incurred claims ratio of general insurance in Malaysia 2014 to 2023

Published by
Amanda Siddharta,
Sep 25, 2024

In 2023, the incurred claims ratio of general insurance in Malaysia was at 56.6 percent, an increase of 2.9 percent compared to the previous year. The net claims incurred ratio of general insurance in the country has been relatively steady over the years at around 50 percent.

Net claims incurred ratio of general insurance industry in Malaysia from 2014 to 2023

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Release date

June 2024

Region

Malaysia

Survey time period

2014 to 2023

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