"Non-Life Insurance in Malaysia, Key Trends and Opportunities to 2017" Published
The expansion of the Malaysian non-life insurance segment was strongly influenced by the country's GDP growth and the increased insurance industry penetration rate. Supported by these factors, the non-life insurance segment's value increased from MYR9.5 billion (US$2.9 billion) in 2008 to MYR12.7 billion (US$4.1 billion) in 2012, at a CAGR of 7.4%. The segment is expected to record a forecast-period CAGR of 6.5% to reach MYR17.3 billion (US$5.9 billion) in 2017, supported by the country's GDP growth at a forecast-period...
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