Market Share of Malaysia Life & Annuity Insurance Industry
Companies across the world have huge investments in this segment of the market. In Malaysia, the life and annuity insurance market has many companies fragmented over minor shares. Allianz Malaysia Berhad, AmMetLife, Axa, Etiqa Life Insurance Berhad, Sun Life Malaysia, Zurich Life Insurance, and Prudential Assurance Malaysia are among the cyber insurance companies.
Adoption of technological platforms and upgrading to new technology leads to an increase in the revenue of insurance firms. Innovation and technological advancement are taking off as COVID-19 and urbanization strike the general population, leading to the adoption of life insurance to mitigate the risk.
Malaysia Life & Annuity Insurance Market Leaders
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Allianz life insurance malaysia berhad
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Ammetlife insurance berhad
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AXA Affin life insurance berhad
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Etiqa Life Insurance Berhad
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Sun life malaysia assurance berhad
*Disclaimer: Major Players sorted in no particular order
