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Life insurance records moderate growth in 2018


KUALA LUMPUR: The life insurance industry recorded a moderate growth in coverage among Malaysians last year, rising 9.6 per cent to RM1.51 trillion in sum assured for all policies combined, compared to RM1.38 trillion in 2017.

The Life Insurance Association of Malaysia (LIAM) said the overall life insurance industry registered a total of 12.65 million policies while the group policies in force grew by 2.9 per cent in 2018.

Insurance , LIAM , life insurance

   

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