Page 69 - LIAM Annual Report 2020
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ANNUAL REPORT 2020 67
PERFORMANCE OF THE LIFE INSURANCE INDUSTRY
Life Insurance Business (2016-2020)
NUMBER OF POLICIES
New Business (Units) Total Business In Force (Units)
1,222,046
2020
12,849,080
1,315,232
2019
12,743,316
1,238,249
2018
12,667,037
1,329,795
2017
12,672,247
2016 1,401,202
12,661,330
0 3,000,000 6,000,000 9,000,000 12,000,000 15,000,000
SUMS INSURED
New Business (RM million) Total Business In Force (RM million)
437,247.5
2020
1,685,765.7
470,279.6
2019
1,615,201.7
452,101.8
2018
1,510,010.8
408,635.0
2017
1,378,401.5
398,866.0
2016
1,300,254.9
0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000
Source: Bank Negara Malaysia - Monthly Highlights and Statistics January 2021
