In its 2025 annual report, Liam said medical claims increased to RM9.4 billion from RM8.9 billion in 2024.
Liam said total claims payouts, including death, disability, medical, bonuses and other benefits, rose 3.4 per cent to RM17.4 billion in 2025 from RM16.8 billion in 2024. Disability benefits, which accounted for 0.9 per cent of total payouts, recorded the sharpest growth, surging 77.4 per cent from RM89 million in 2024 to RM157.9 million in 2025.
Premium Growth - In force premium rose 3.1 per cent to RM50.7 billion from RM49.1 billion in 2024, driven mainly by a 9.4 per cent increase in group policies and a six per cent rise in investment-linked policies. Traditional policies, however, declined 2.9 per cent to RM15.6 billion.
The total sums assured in force rose 2.8 per cent to RM2.11 trillion in 2025 from RM2.05 trillion in 2024, while investment-linked policies recorded a 4.4 per cent increase to RM1.09 trillion in 2025. This was followed by group policies sums assured in force which grew by 2.6 per cent to RM721.3 billion in 2025 whereas sums assured in force of traditional policies fell 2.6 per cent.
Number of Policies - in force edged down 2.3 per cent to 12.7 million units in 2025 from 12.9 million units a year earlier. It noted that investment-linked policies in force increased 1.9 per cent to seven million units, while group policies slipped 1.5 per cent and traditional policies declined by seven per cent.
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