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Malaysian (KLSE) Insurance Industry Analysis

UpdatedJan 06, 2026
DataAggregated Company Financials
Companies7
  • 7D-0.4%
  • 3M4.2%
  • 1Y-0.3%
  • YTD-0.7%

Over the last 7 days, the Insurance industry has remained flat, although notably MNRB Holdings Berhad gained 5.4%. Furthermore, the industry has been flat for the past year as well. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 06 Jan 2026RM 14.8bRM 15.4bRM 2.1b6.4x7x1x
Thu, 04 Dec 2025RM 15.1bRM 15.4bRM 2.1b6.9x7.2x1x
Sat, 01 Nov 2025RM 14.3bRM 15.2bRM 2.0b6x7.2x0.9x
Mon, 29 Sep 2025RM 14.2bRM 15.2bRM 2.0b6x7.1x0.9x
Wed, 27 Aug 2025RM 14.4bRM 15.3bRM 2.0b6.1x7.3x0.9x
Fri, 25 Jul 2025RM 14.2bRM 14.9bRM 1.9b6.6x7.4x1x
Sun, 22 Jun 2025RM 14.4bRM 14.9bRM 1.9b6.7x7.6x1x
Tue, 20 May 2025RM 15.0bRM 14.6bRM 2.1b6.5x7.3x1x
Thu, 17 Apr 2025RM 14.1bRM 15.1bRM 2.1b6.4x6.8x0.9x
Sat, 15 Mar 2025RM 14.1bRM 15.2bRM 2.0b6.3x7.1x0.9x
Mon, 10 Feb 2025RM 14.8bRM 14.4bRM 1.7b6.3x8.5x1x
Wed, 08 Jan 2025RM 14.8bRM 14.4bRM 1.7b6.9x8.7x1x
Fri, 06 Dec 2024RM 15.0bRM 14.4bRM 1.7b6.8x8.8x1x
Sun, 03 Nov 2024RM 15.2bRM 13.8bRM 1.7b6.7x8.8x1.1x
Tue, 01 Oct 2024RM 14.9bRM 13.6bRM 1.7b6.5x9x1.1x
Thu, 29 Aug 2024RM 14.9bRM 13.7bRM 1.7b6.6x8.5x1.1x
Sat, 27 Jul 2024RM 14.7bRM 13.6bRM 1.7b7.2x8.7x1.1x
Mon, 24 Jun 2024RM 15.0bRM 13.6bRM 1.7b7.2x8.9x1.1x
Wed, 22 May 2024RM 15.3bRM 13.2bRM 1.7b7.8x9.1x1.2x
Fri, 19 Apr 2024RM 13.7bRM 14.0bRM 1.5b7.1x9.1x1x
Sun, 17 Mar 2024RM 13.8bRM 14.0bRM 1.5b6.5x9.2x1x
Tue, 13 Feb 2024RM 14.0bRM 17.0bRM 1.4b8.9x10.2x0.8x
Thu, 11 Jan 2024RM 13.8bRM 16.8bRM 1.3b9x10.3x0.8x
Sat, 09 Dec 2023RM 13.2bRM 17.0bRM 1.3b8.5x9.8x0.8x
Mon, 06 Nov 2023RM 12.8bRM 17.0bRM 1.3b9.3x10.2x0.8x
Wed, 04 Oct 2023RM 12.3bRM 16.9bRM 1.2b9.1x9.9x0.7x
Fri, 01 Sep 2023RM 12.7bRM 16.9bRM 1.2b9.5x10.2x0.8x
Sun, 30 Jul 2023RM 12.1bRM 16.1bRM 1.0b8.7x12x0.8x
Tue, 27 Jun 2023RM 11.9bRM 16.1bRM 1.0b8.6x11.8x0.7x
Thu, 25 May 2023RM 12.5bRM 15.4bRM 887.6m12.5x14.1x0.8x
Sat, 22 Apr 2023RM 12.7bRM 15.4bRM 1.1b8.5x12x0.8x
Mon, 20 Mar 2023RM 12.5bRM 15.4bRM 1.0b8.3x12x0.8x
Wed, 15 Feb 2023RM 13.3bRM 14.9bRM 1.2b7.6x10.7x0.9x
Fri, 13 Jan 2023RM 13.0bRM 14.6bRM 1.1b8.6x11.5x0.9x
Price to Earnings Ratio

11.5x


Total Market Cap: RM 13.0bTotal Earnings: RM 1.1bTotal Revenue: RM 14.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Malaysian Insurance Industry Price to Earnings3Y Average 9.3x202420252026
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 7.0x which is lower than its 3-year average PE of 9.3x.
  • The industry is trading close to its 3-year average PS ratio of 0.93x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 23% 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 Market0.42%
Financials0.75%
Insurance-0.44%
Reinsurance5.37%
General Insurance0.18%
Insurance Brokers0%0
Life and Health Insurance0%0
Property and Casualty Insurance-2.67%
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 17.0x.
    • 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 4.9x.
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?

CompanyLast Price7D1YValuation
MNRB MNRB Holdings BerhadRM 2.185.8%
+RM 94.0m
-1.8%PE3.5x
ALLIANZ Allianz Malaysia BerhadRM 20.400.8%
+RM 29.0m
-2.2%PE4.8x
TUNEPRO Tune Protect Group BerhadRM 0.303.4%
+RM 7.5m
-3.2%PE8x
MANULFE Manulife Holdings BerhadRM 2.200.9%
+RM 4.6m
-7.6%PE5.6x

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