Data group
Insurance sector's exposure to climate risk
Metric Type
Physical vulnerability
Methodology/ Standard / Classification/ Taxonomy / Reference
Not applicable
Unit (e.g. CO2)
Currency (e.g. MYR)
Dimension (e.g. Sector, Customer)
By Sector
Time horizon
Backward-looking
Link
Frequency
Not available
Time series
Not available
Accessibility
Confidential
Observation on data availability/gaps
Data on "Gross Earned Premium/Contribution" and "Net Earned Premium/Contribution" by climate change-related products, such as Flood under Motor class, Fire class and Other class are collected from insurers and takaful operators on a half-yearly basis by BNM via CCPT reporting.
Aggregated data on premiums/contributions and claims by general business classes such as Fire, Motor, Medical and Health from insurance and Takaful industry are published on the BNM website via https://www.bnm.gov.my/publications/mhs since 2009 on a half-yearly basis. However, there is no specific information/category for natural disasters.
Insurance Services Malaysia (ISM) publishes the ISM Statistical Yearbook on an annual basis via https://www.ism.net.my/news-updates/ (requires free registration to access/download). The Yearbook provides key data on Malaysian insurance and takaful industry, such as premiums/contributions by line of business, net earned premiums/contributions, net claims incurred ratio etc. However, there is no specific information/category for natural disasters.