Insurance - - CONTENTS -

2014 Out­look & Chal­lenges Insurance an­a­lysts an­tic­i­pate a steady growth for the Malaysian insurance and taka­ful in­dus­try in the face of reg­u­la­tory changes in the mar­ket as it moves into 2014. The con­ven­tional insurance sec­tor is ex­pected to ex­pand steadily as dis­pos­able in­comes and pri­vate con­sump­tion con­tin­ues to in­crease. The growth in the taka­ful sec­tor is also an­tic­i­pated to re­main strong as this seg­ment’s op­er­a­tors widen their dis­tri­bu­tion cov­er­age and in­crease of­fer­ings of new prod­ucts. While there are chal­lenges for the in­dus­try as a whole, there are also op­por­tu­ni­ties that can be cap­i­talised on to keep growth mo­men­tums go­ing for­ward.

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