In 2023, the value of net premiums of motor insurance in Malaysia was at approximately 9.21 billion Malaysian ringgit, an increase from around 8.49 billion Malaysian ringgit in the previous year. The value of net premiums for motor insurance in the country has been gradually increasing every year.
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Value of net premiums of motor insurance in Malaysia from 2014 to 2023
(in billion Malaysian ringgit)
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Insurance Services Malaysia. (June 26, 2024). Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph]. In Statista. Retrieved July 06, 2025, from https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/
Insurance Services Malaysia. "Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit)." Chart. June 26, 2024. Statista. Accessed July 06, 2025. https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/
Insurance Services Malaysia. (2024). Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit). Statista. Statista Inc.. Accessed: July 06, 2025. https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/
Insurance Services Malaysia. "Value of Net Premiums of Motor Insurance in Malaysia from 2014 to 2023 (in Billion Malaysian Ringgit)." Statista, Statista Inc., 26 Jun 2024, https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/
Insurance Services Malaysia, Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) Statista, https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/ (last visited July 06, 2025)
Value of net premiums of motor insurance in Malaysia from 2014 to 2023 (in billion Malaysian ringgit) [Graph], Insurance Services Malaysia, June 26, 2024. [Online]. Available: https://www.statista.com/statistics/1423527/malaysia-motor-insurance-net-premiums/