Local insurers control over 65% of general, 45% of life market
The Edge Daily KUALA LUMPUR: Local insurers control over 65% of the general insurance market and more than 45% market share of the life insurance segment, the Dewan Rakyat was told yesterday. There are 48 conventional insurance and 10 takaful (Islamic insurance) companies operating in the country. “Of those, 29 conventional and 9 takaful operators ...