Life insurance industry records strong growth in Q3 2020 registering 44% increase in total new business premiums totalling RM2.92 billion as compared to Q2 2020

Industry has bounced back strongly in  Q3 due to the improvement in performance of the Investment-linked business

Kuala Lumpur, Monday, 30 November 2020 – The life insurance industry has had  a  strong rebound following the Movement Control Order (MCO) and Recovery Movement Control Order (RMCO), recorded a  positive growth in  Q3  2020 with an  increase of 44%  in  new  business premiums or RM2.92 billion as compared to Q2 2020 of RM2.02 billion.

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