Takaful industry distributes RM10.2bil in benefits in 2024 - MTA


KUALA LUMPUR: The Malaysian Takaful industry collectively disbursed a total of RM10.20 billion in benefits to certificate holders in 2024, marking a 16.73 per cent increase from the previous year, according to the Malaysian Takaful Association (MTA).

MTA interim chairman Wan Saifulrizal Wan Ismail said the Family Takaful segment accounted for over three quarters, or 77.37 per cent, of the benefits paid in 2024 at RM7.89 billion, while General Takaful disbursed RM2.31 billion.

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