Manulife Malaysia Records Double Digit Growth In 2023
Manulife Malaysia Records Double Digit Growth In 2023
Manulife Holdings Berhad has announced its audited financial results for 2023 with operating revenue increasing by 11 percent the group's the insurance business, recorded an APE of RM185 million in 2023, reflecting a 10 percent year-on-year growth. As of 31 December 2023, MIB's product mix has undergone a positive shift as the distribution channels shifted focus on higher margin Investment-Linked Policies (ILP), marking an 11 percent year-on-year growth.
宏利控股有限公司公佈了其2023年經審計的財務業績，該集團的保險業務的營業收入增長了11％，2023年的年收益爲RM185 百萬歐元，同比增長了10％。截至2023年12月31日，隨着分銷渠道將重點轉移到利潤率更高的投資掛鉤保單（ILP）上，MIB的產品組合發生了積極的變化，同比增長了11％。
Additionally, its agency force achieved a new business of RM124 million, characterised by a substantial increase in Investment-Linked Product (ILP) mix from 61 percent to 76 percent. This demonstrates their continued focus on leveraging opportunities to drive recruitment and new business.
此外，其代理機構實現了 RM124 百萬美元的新業務，其特點是投資掛鉤產品（ILP）組合從61％大幅增加到76％。這表明他們繼續專注於利用機會推動招聘和新業務。
MIB's bancassurance business demonstrated significant sales growth and a stronger market presence. In July 2023, MIB extended its partnership with Alliance Bank for another 15 years, building on a decade of successful collaboration. The bancassurance channel recorded new business sales of RM 57 million for 2023, which translates to 29 percent year-on-year growth and surpassing the 2023 Business Plan by 16 percent.
MIB的銀行保險業務顯示出顯著的銷售增長和更強的市場佔有率。2023年7月，在十年成功合作的基礎上，MIB將與聯盟銀行的合作伙伴關係又延長了15年。銀行保險渠道在2023年創下了5700萬令吉的新業務銷售額，這意味着同比增長29％，比2023年商業計劃高出16％。
With the business expansion, MIB has also seen a rise in claims payouts, reflecting its commitment to fulfilling their promise to customers. This was evident with the total claim payments increasing by 24% at RM 193 million in 2023 being paid to approximately over 30,000 customers. These substantial claim payments highlight Manulife's dedication to customer protection, making their decisions easier and lives better.
隨着業務的擴張，MIB的索賠支出也有所增加，這反映了其兌現對客戶承諾的承諾。這一點顯而易見，2023年支付給約30,000多名客戶的索賠總額增長了24％，達到1.93億令吉。這些巨額索賠款項凸顯了宏利對客戶保護的承諾，使他們的決策更容易，生活更美好。
"The success of Manulife Malaysia relies on our collective effort as a winning team, dedicated to executing our 'Scale Up' growth strategy. We have seen this come true in 2023 with the increase of revenue within the group and a notable increase with our net profit after tax. We remain committed to our aim of being the most trusted and preferred financial services provider in Malaysia." said Vibha Coburn, Group CEO of Manulife Holdings Berhad.
“宏利馬來西亞的成功取決於我們作爲一支成功團隊的集體努力，致力於執行我們的'擴大規模'增長戰略。隨着集團內部收入的增加以及稅後淨利潤的顯著增長，我們已經看到這種情況在2023年成真。我們仍然致力於實現成爲馬來西亞最值得信賴和最受歡迎的金融服務提供商的目標。” 宏利控股有限公司集團首席執行官維巴·科本說。
Manulife Investment Management (Malaysia) Berhad (MIM), the company's asset management business, continued to record strong growth momentum in the year, with Assets Under Management (AUM) increasing by 11 percent in the year, growing from RM13.2 billion in 2022 to RM14.6 billion in 2023. The growth in AUM has seen the company perform relatively better than the industry average (equity & fixed income funds), thus gained retail market share in the year.
該公司的資產管理業務宏利投資管理（馬來西亞）有限公司（MIM）在年內繼續保持強勁的增長勢頭，管理資產（AUM）在年內增長了11％，從2022年的132億令吉增長到2023年的146億令吉。資產管理規模的增長使該公司的表現相對好於行業平均水平（股票和固定收益基金），從而增加了該年度的零售市場份額。
譯文內容由第三人軟體翻譯。