Insurance business written by class of insurance — Premiums ceded in Malaysia
Malaysia: Insurance business written by class of insurance — Premiums ceded was 178.9 Euro in 2023. ◆ Volatile
Insurance business written by class of insurance — Premiums ceded in Malaysia, 2010–2023
Source: Organisation for Economic Co-operation and Development. Measured in Euro.
Analysis
In 2023, insurance business written by class of insurance — premiums ceded in Malaysia stood at 178.9 Euro.
The figure is down 34.3% on the previous year and up 117.3% over ten years.
Over the whole period, insurance business written by class of insurance — premiums ceded in Malaysia peaked at 272.15 Euro in 2022 and was at its lowest, 51.3 Euro, in 2021.
That places Malaysia 16th out of 40 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance business written by class of insurance — Premiums ceded in Malaysia, year by year
| Year | Euro | Change |
|---|---|---|
| 2010 | 69.21 Euro | — |
| 2011 | 72.11 Euro | +4.2% |
| 2012 | 88.03 Euro | +22.1% |
| 2013 | 82.34 Euro | -6.5% |
| 2014 | 63.63 Euro | -22.7% |
| 2015 | 84.96 Euro | +33.5% |
| 2016 | 72.87 Euro | -14.2% |
| 2017 | 72.25 Euro | -0.9% |
| 2018 | 72.16 Euro | -0.1% |
| 2019 | 60.54 Euro | -16.1% |
| 2020 | 54.37 Euro | -10.2% |
| 2021 | 51.3 Euro | -5.7% |
| 2022 | 272.15 Euro | +430.6% |
| 2023 | 178.9 Euro | -34.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 73.81 Euro | 60.54 Euro | 88.03 Euro | 10 |
| 2020s | 139.18 Euro | 51.3 Euro | 272.15 Euro | 4 |
Countries ranked near Malaysia
More economy & growth data for Malaysia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.97 Percent per annum (2029)
- Households and NPISHs Final consumption expenditure (current LCU) 6.19 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 2.64 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 34,655 current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 5.15 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5708 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 7,491 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 13.79 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.74 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is insurance business written by class of insurance — premiums ceded in Malaysia?
- Insurance business written by class of insurance — premiums ceded in Malaysia was 178.9 Euro in 2023, according to Organisation for Economic Co-operation and Development.
- What is the highest insurance business written by class of insurance — premiums ceded recorded in Malaysia?
- The highest recorded value was 272.15 Euro in 2022.
- What is the lowest insurance business written by class of insurance — premiums ceded recorded in Malaysia?
- The lowest recorded value was 51.3 Euro in 2021.
- How does Malaysia rank for insurance business written by class of insurance — premiums ceded?
- Malaysia ranks 16th out of 40 countries with data for 2023.
- Is insurance business written by class of insurance — premiums ceded rising or falling in Malaysia?
- Over the last ten years it is up 117.3%. The long-run trend across the full record is volatile.
- Where does this Malaysia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Insurance business written by class of insurance — Premiums ceded. Statizoid updates them automatically from the source API.
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About this data
This dataset covers the breakdown of premiums by insurance class for life and non-life insurance.