FY2023 M25+ Progress: Enhancing Digital Banking
Insurance and Takaful: Performance Overview
Net Adjusted Premium/Contribution
Life & Family (New Business) Market Share (Malaysia)
eTiQa
Single Premium
Regular Premium
(82.9)%
0.1%
Credit Premium
(0.7)%
Group Premium
42.8%
Total Life & Family
Fire
(23.7)%
Motor
13.2%
MAT
9.0%
Personal Accident
20.9%
Misc
3.1%
Total General
7.4%
(3.0)%
1Q 2022
1Q 2023
1.5%
RM Million 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800
*Net Adjusted Premium (NAP) = Life/Family Adjusted Premium (100% Regular Premium +10%
Single Premium/Credit/Group) + Net Written Premium (General)
Note: Profit Before Tax is based on IFRS 17.
RM million
14.0
1Q FY2022
Restated
19.1%
19.4%
20.0%
18.5%
16.7%
18.3%
15.5%
17.6%
No. 3
10.9%
11.0%
12.2%
12.5%
in Life/Family
14.2%
12.0%
12.7%
11.1%
(New Business)
2019
2020
2021
2022
ΠΑΙΑ
GE
Etiqa
■Prudential
General Insurance and Takaful Market Share (Malaysia)
No. 1
13.9%
13.8%
14.7%
15.3%
10.4%
11.2%
11.0%
10.9%
in General Insurance
7.0%
7.4%
7.4%
7.3%
7.1%
6.8%
6.8%
6.8%
2019
2020
2021
2022
■Etiqa
■Allianz
Zurich
HL/MSIG
and Takaful
(Gross Premium)
Note: Market Share is for period Jan-Dec of every year (Source: LIAM / ISM Statistics)
Profit Before Tax
>100% YoY
237.9
1Q FY2023
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