Malaysia’s General Insurance Sector Sees Steady Growth with RM12.3 Billion in Premiums for 1H2025

Kuala Lumpur, Oct 8 — Malaysia’s general insurance industry posted Gross Written Premiums (GWP) of RM12.3 billion in the first half of 2025 (1H2025), marking a 4.0% increase from RM11.8 billion in the same period last year. The growth was attributed to stronger operational performance and improved efficiency, with underwriting profit rising by RM153 million to RM629 million.

General Insurance Growth

Motor insurance remained the largest segment, generating RM5.3 billion in premiums — a 5.7% year-on-year increase and accounting for 42.8% of total premiums. Fire insurance recorded robust growth of 10.4% to RM2.6 billion, supported by infrastructure-led commercial property demand. Meanwhile, the personal accident (PA) segment rose 11.2% to RM0.8 billion, driven largely by increased travel activity and insurance uptake.

Industry analysts expect continued stability in the second half of the year, buoyed by economic resilience and sustained consumer confidence.

Business News