Takaful protection value to hit RM400bil by year-end


KUALA LUMPUR: The takaful industry’s new protection value is expected to reach RM400bil by year-end, up from RM324.2bil registered in 2018, said Malaysian Takaful Association chairman Muhammad Fikri Mohamad Rawi.

Total new business contribution for all certificates combined in 2019 would likely exceed the RM5bil mark compared with RM4.91bil secured in 2018, he said.

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