Malayan Banking Berhad Financial Analysis
Insurance and Takaful: Performance Overview
Net Adjusted Premium/Contribution
Single Premium
Regular Premium
(41.8)%
(3.0)%
Credit Premium
Group Premium
29.3%
8.0%
Total Life & Family
(5.2)%
Fire
21.1%
Motor
23.1%
FY2021
FY2022
MAT
18.9%
Personal Accident
24.2%
Misc
27.1%
Total General
23.2%
еTiQa
Life & Family (New Business) Market Share (Malaysia)
19.3%
19.2%
19.7%
18.7%
16.9%
18.0%
15.5%
17.6%
No. 3
10.8%
10.9%
12.0%
12.2%
in Life/Family
13.6%
12.5%
13.1%
11.2%
(New Business)
2019
2020
2021
2022
ΠΑΙΑ
GE
■Etiqa
■Prudential
General Insurance and Takaful Market Share (Malaysia)
13.7%
14.1%
14.3%
15.4%
10.2%
11.1%
10.9%
11.1%
No. 1
in General Insurance
6.7%
7.1%
7.7%
7.1%
5.5%
7.2%
6.8%
6.9%
6.9%
RM Million 0
1,000 2,000 3,000 4,000 5,000 6,000
*Net Adjusted Premium (NAP) = Life/Family Adjusted Premium (100% Regular Premium +10%
Single Premium/Credit/Group) + Net Written Premium (General)
7,000
and Takaful
(Gross Premium)
2019
2020
2021
2022
■Etiqa
■Allianz
Zurich
HL/MSIG
Profit Before Tax
(48.0)% YoY
907.6
91.6
366.4
RM million
449.6
FY2021
Life/Family General
472.0
123.0
307.2
41.8
FY2022
Shareholder's Fund
Note: Net Adjusted Premium, Profit Before Tax and Total Assets are as presented at EIH Group level
Total Assets
RM billion
(3.4)% YoY
54.2
52.4
Dec 21
Dec 22
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