Life insurance sum assured up 5.3 pct to RM1.9 trillion in 2022

KUALA LUMPUR: Malaysia’s life insurance industry has recorded a 5.3 per cent rise in sum assured in force amounting to RM1.9 trillion in 2022 versus RM1.8 trillion in 2021, said Life Insurance Association of Malaysia (Liam). In its annual report 2022, president Loh Guat Lan said the total in force premium grew by 3.5 per […]