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Malaysian (KLSE) Insurance Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies9
  • 7D-0.8%
  • 3M-3.7%
  • 1Y3.3%
  • YTD-2.7%

Over the last 7 days, the Insurance industry has dropped 1.7%, driven by a pullback from Allianz Malaysia Berhad of 3.8%. This takes the industry's 12 month performance to a gain of 3.5%. As for the next few years, earnings are expected to grow by 8.5% per annum.

Industry Valuation and Performance

Has the Malaysian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025RM 14.5bRM 14.4bRM 1.7b6.5x8.5x1x
Thu, 19 Dec 2024RM 14.9bRM 14.4bRM 1.7b6.8x8.7x1x
Sat, 16 Nov 2024RM 15.0bRM 13.8bRM 1.7b6.5x8.7x1.1x
Mon, 14 Oct 2024RM 14.7bRM 13.6bRM 1.7b6.5x8.9x1.1x
Wed, 11 Sep 2024RM 14.8bRM 13.6bRM 1.7b6.5x8.9x1.1x
Fri, 09 Aug 2024RM 14.3bRM 13.5bRM 1.7b6.6x8.4x1.1x
Sun, 07 Jul 2024RM 14.9bRM 13.6bRM 1.7b7.2x8.8x1.1x
Tue, 04 Jun 2024RM 14.9bRM 13.8bRM 1.7b7.3x8.7x1.1x
Thu, 02 May 2024RM 14.0bRM 14.0bRM 1.5b7.1x9.2x1x
Sat, 30 Mar 2024RM 13.8bRM 14.0bRM 1.5b6.7x9.2x1x
Mon, 26 Feb 2024RM 13.9bRM 16.9bRM 1.4b8.8x10.3x0.8x
Wed, 24 Jan 2024RM 13.7bRM 16.8bRM 1.3b9x10.2x0.8x
Fri, 22 Dec 2023RM 13.3bRM 16.8bRM 1.3b8.7x9.8x0.8x
Sun, 19 Nov 2023RM 13.0bRM 17.2bRM 1.3b9.7x10.2x0.8x
Tue, 17 Oct 2023RM 12.6bRM 16.9bRM 1.2b9.2x10.2x0.7x
Thu, 14 Sep 2023RM 12.5bRM 16.9bRM 1.2b9.2x10.1x0.7x
Sat, 12 Aug 2023RM 12.2bRM 16.1bRM 1.0b8.7x12.1x0.8x
Mon, 10 Jul 2023RM 12.0bRM 16.1bRM 1.0b8.5x11.9x0.7x
Wed, 07 Jun 2023RM 12.5bRM 16.1bRM 1.0b9.8x12.1x0.8x
Fri, 05 May 2023RM 12.6bRM 15.4bRM 876.5m12.6x14.3x0.8x
Sun, 02 Apr 2023RM 12.6bRM 15.4bRM 1.0b8.4x12x0.8x
Tue, 28 Feb 2023RM 12.8bRM 15.5bRM 1.1b8.2x11.2x0.8x
Thu, 26 Jan 2023RM 13.2bRM 14.6bRM 1.1b8.3x11.6x0.9x
Sat, 24 Dec 2022RM 13.0bRM 14.6bRM 1.1b8.3x11.5x0.9x
Mon, 21 Nov 2022RM 12.5bRM 14.5bRM 953.4m9x13.1x0.9x
Wed, 19 Oct 2022RM 12.7bRM 14.3bRM 938.9m8.7x13.5x0.9x
Fri, 16 Sep 2022RM 13.2bRM 14.3bRM 969.6m9x13.6x0.9x
Sun, 14 Aug 2022RM 13.3bRM 14.9bRM 1.3b7.2x10.2x0.9x
Tue, 12 Jul 2022RM 13.2bRM 14.8bRM 1.3b7.2x9.8x0.9x
Thu, 09 Jun 2022RM 13.8bRM 14.8bRM 1.3b7.8x10.2x0.9x
Sat, 07 May 2022RM 13.8bRM 14.4bRM 1.3b7.2x10.5x1x
Mon, 04 Apr 2022RM 13.9bRM 14.4bRM 1.3b7.3x10.4x1x
Wed, 02 Mar 2022RM 14.0bRM 13.0bRM 1.4b6.4x10x1.1x
Fri, 28 Jan 2022RM 14.0bRM 15.1bRM 1.4b12x10.3x0.9x
Price to Earnings Ratio

10.3x


Total Market Cap: RM 14.0bTotal Earnings: RM 1.4bTotal Revenue: RM 15.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Insurance Industry Price to Earnings3Y Average 10.5x202320242025
Current Industry PE
  • Investors are pessimistic on the Malaysian Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.5x which is lower than its 3-year average PE of 10.5x.
  • The 3-year average PS ratio of 0.92x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 7.8% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Malaysian Financials industry?

MY Market-0.74%
Financials-0.20%
Insurance-0.80%
Reinsurance1.40%
Property and Casualty Insurance0.41%
Insurance Brokers0%0
Life and Health Insurance-0.77%
General Insurance-2.24%
Industry PE
  • Investors are most optimistic about the Life and Health Insurance industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 7.1x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 14% over the next 5 years.
  • This is better than its past earnings growth rate of 6.6% per year.
  • In contrast, the Reinsurance industry is expected to see its earnings decline by 6.3% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
LPI LPI Capital BhdRM 12.680.5%
+RM 23.9m
2.6%PE13.2x
MNRB MNRB Holdings BerhadRM 2.171.4%
+RM 23.5m
59.6%PE3.3x
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Latest News

ALLIANZ

RM 19.72

Allianz Malaysia Berhad

7D

-3.8%

1Y

-2.8%

LPI

RM 12.68

LPI Capital Bhd

7D

0.5%

1Y

2.6%

P&O

RM 0.62

Pacific & Orient Berhad

7D

-1.6%

1Y

-31.9%

MANULFE

RM 2.30

Manulife Holdings Berhad

7D

-0.9%

1Y

17.3%

MNRB

RM 2.17

MNRB Holdings Berhad

7D

1.4%

1Y

59.6%