A 2.2% increase of life insurance in 2012

Life insurance has posted a turnover of 1.4 billion USD in 2012, an increase of 2.2% in one year. Nearly 50% of policies sold are products indexed on financial investments, compared to 46% a year earlier. With the introduction of the new model of capital-risk and the low interest rates, traditional insurance policies have lost their appeal, being capital-intensive. The Life Insurance Association of Malaysia (LIAM) expects a premiums growth of 10% in 2013.