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Malaysian (KLSE) Insurance Industry Analysis
UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies7
- 7D-2.3%
- 3M11.1%
- 1Y7.3%
- YTD6.1%
Over the last 7 days, the Insurance industry has dropped 2.3%, driven by declines in Allianz Malaysia Berhad and MNRB Holdings Berhad of 3.5% and 6.9%, respectively. Over the past 12 months, the industry was up 7.3%. Looking forward, earnings are forecast to grow by 6.0% annually.
Industry Valuation and Performance
Has the Malaysian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 09 Feb 2026 | RM 15.9b | RM 15.3b | RM 2.1b | 6.8x | 7.6x | 1x |
| Wed, 07 Jan 2026 | RM 14.9b | RM 15.4b | RM 2.1b | 6.4x | 7.1x | 1x |
| Fri, 05 Dec 2025 | RM 14.9b | RM 15.4b | RM 2.1b | 6.8x | 7.1x | 1x |
| Sun, 02 Nov 2025 | RM 14.3b | RM 15.2b | RM 2.0b | 6x | 7.2x | 0.9x |
| Tue, 30 Sep 2025 | RM 14.2b | RM 15.2b | RM 2.0b | 6x | 7.1x | 0.9x |
| Thu, 28 Aug 2025 | RM 14.4b | RM 15.3b | RM 2.0b | 6x | 7.3x | 0.9x |
| Sat, 26 Jul 2025 | RM 14.1b | RM 14.9b | RM 1.9b | 6.6x | 7.4x | 0.9x |
| Mon, 23 Jun 2025 | RM 14.4b | RM 14.9b | RM 1.9b | 6.7x | 7.6x | 1x |
| Wed, 21 May 2025 | RM 15.1b | RM 14.6b | RM 2.1b | 6.5x | 7.3x | 1x |
| Fri, 18 Apr 2025 | RM 14.3b | RM 14.6b | RM 2.1b | 6.4x | 6.9x | 1x |
| Sun, 16 Mar 2025 | RM 14.1b | RM 15.2b | RM 2.0b | 6.3x | 7.1x | 0.9x |
| Tue, 11 Feb 2025 | RM 14.8b | RM 14.4b | RM 1.7b | 6.4x | 8.5x | 1x |
| Thu, 09 Jan 2025 | RM 14.8b | RM 14.4b | RM 1.7b | 6.9x | 8.7x | 1x |
| Sat, 07 Dec 2024 | RM 14.8b | RM 14.4b | RM 1.7b | 6.8x | 8.7x | 1x |
| Mon, 04 Nov 2024 | RM 15.2b | RM 13.8b | RM 1.7b | 6.7x | 8.8x | 1.1x |
| Wed, 02 Oct 2024 | RM 15.0b | RM 13.6b | RM 1.7b | 6.6x | 9x | 1.1x |
| Fri, 30 Aug 2024 | RM 14.9b | RM 13.7b | RM 1.7b | 6.6x | 8.6x | 1.1x |
| Sun, 28 Jul 2024 | RM 14.7b | RM 13.6b | RM 1.7b | 7.2x | 8.7x | 1.1x |
| Tue, 25 Jun 2024 | RM 14.9b | RM 13.6b | RM 1.7b | 7.2x | 8.8x | 1.1x |
| Thu, 23 May 2024 | RM 15.3b | RM 13.2b | RM 1.7b | 7.8x | 9.1x | 1.2x |
| Sat, 20 Apr 2024 | RM 13.7b | RM 14.0b | RM 1.5b | 7.1x | 9.1x | 1x |
| Mon, 18 Mar 2024 | RM 13.8b | RM 14.0b | RM 1.5b | 6.5x | 9.2x | 1x |
| Wed, 14 Feb 2024 | RM 14.2b | RM 17.0b | RM 1.4b | 9x | 10.3x | 0.8x |
| Fri, 12 Jan 2024 | RM 13.8b | RM 16.8b | RM 1.3b | 9x | 10.3x | 0.8x |
| Sun, 10 Dec 2023 | RM 13.2b | RM 17.0b | RM 1.3b | 8.5x | 9.8x | 0.8x |
| Tue, 07 Nov 2023 | RM 12.9b | RM 17.0b | RM 1.3b | 9.5x | 10.3x | 0.8x |
| Thu, 05 Oct 2023 | RM 12.3b | RM 16.9b | RM 1.2b | 9.2x | 9.9x | 0.7x |
| Sat, 02 Sep 2023 | RM 12.8b | RM 16.9b | RM 1.2b | 9.4x | 10.3x | 0.8x |
| Mon, 31 Jul 2023 | RM 12.1b | RM 16.1b | RM 1.0b | 8.7x | 12x | 0.8x |
| Wed, 28 Jun 2023 | RM 11.8b | RM 16.1b | RM 1.0b | 8.4x | 11.7x | 0.7x |
| Fri, 26 May 2023 | RM 12.5b | RM 15.4b | RM 887.6m | 12.5x | 14.1x | 0.8x |
| Sun, 23 Apr 2023 | RM 12.7b | RM 15.4b | RM 1.1b | 8.5x | 12x | 0.8x |
| Tue, 21 Mar 2023 | RM 12.4b | RM 15.4b | RM 1.0b | 8.2x | 11.9x | 0.8x |
| Thu, 16 Feb 2023 | RM 13.3b | RM 14.9b | RM 1.2b | 7.5x | 10.7x | 0.9x |
Price to Earnings Ratio
10.7x
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 7.6x which is lower than its 3-year average PE of 9.2x.
- The 3-year average PS ratio of 0.93x 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 19% 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 | -1.04% | |
| Financials | -0.14% | |
| Insurance | -2.35% | |
| Property and Casualty Insurance | 0.015% | |
| Insurance Brokers | 0% | 0 |
| Life and Health Insurance | -1.30% | |
| General Insurance | -3.12% | |
| Reinsurance | -6.95% | |
Industry PE
- Investors are most optimistic about the Property and Casualty Insurance industry, which is trading close to its 3-year average PE ratio of 17.2x.
- Analysts are expecting annual earnings growth of 9.0%, which is higher than its past year's earnings decline of 3.1% per year.
- Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 4.3x.
Forecasted Growth
- Analysts are most optimistic on the Property and Casualty Insurance industry, expecting annual earnings growth of 9.0% over the next 5 years.
- This is better than its past earnings decline of 3.1% per year.
- In contrast, the Reinsurance industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LPI LPI Capital Bhd | RM 15.14 | 0.1% +RM 8.0m | 10.7% | PE16.3x |