Average Motorcycle Insurance GWP by Insurer in Malaysia
BJAK Data Insights compares gross written premiums (GWP) for motorcycle Comprehensive and Third Party (TP) policies purchased through BJAK from 1 June to 31 August 2026. Across selected policies from 12 insurers, the combined median GWP was RM130, with insurer medians ranging from RM92 for Great Eastern to RM237 for Berjaya. These figures reflect BJAK sales, not the entire Malaysian insurance market.
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Motorcycle insurance GWP comparison by insurer
The table compares each insurer's median GWP with the overall median of RM130. The P25–P75 range shows how the middle 50% of selected policy prices were distributed.
| Insurer | P25 | Median | P75 | vs. RM130 |
|---|---|---|---|---|
| Berjaya | RM154 | RM237 | RM278 | +82.3% |
| Allianz | RM138 | RM213 | RM294 | +63.8% |
| Zurich | RM157 | RM212 | RM273 | +63.1% |
| Liberty | RM129 | RM182 | RM246 | +40.0% |
| MSIG | RM142 | RM168 | RM208 | +29.2% |
| RHB | RM108 | RM154 | RM206 | +18.5% |
| Takaful | RM118 | RM150 | RM277 | +15.4% |
| Generali | RM99 | RM133 | RM177 | +2.3% |
| Tune | RM92 | RM105 | RM122 | −19.2% |
| Tokio Marine | RM66 | RM104 | RM154 | −20.0% |
| P&O | RM85 | RM102 | RM181 | −21.5% |
| Great Eastern | RM77 | RM92 | RM120 | −29.2% |
| All selected policies | RM91 | RM130 | RM205 | — |
Source: BJAK Data Insights, policies purchased from 1 June to 31 August 2026. GWP figures were rounded to the nearest ringgit before medians were calculated. P25 and P75 indicate the 25th and 75th percentiles.
Key findings from BJAK motorcycle insurance GWP data
Berjaya recorded the highest median GWP
RM237, which was 82.3% above the overall median of RM130.
Great Eastern recorded the lowest median GWP
RM92, or 29.2% below the overall median.
Insurer price distributions varied
Allianz and Zurich had median GWPs above RM200, while Tune, Tokio Marine and P&O recorded medians between RM102 and RM105.
The middle 50% of prices differed by insurer
Allianz's P25–P75 range was RM138–RM294, compared with RM77–RM120 for Great Eastern.
These figures show how GWP varied across selected BJAK policy sales during the period. A lower median does not guarantee the lowest price for every customer. The actual GWP depends on factors such as the vehicle, coverage, sum insured, eligibility and policy details.
What is gross written premium (GWP)?
Gross written premium (GWP) is the premium recorded for insurance policies written during a given period. Comparing GWP across insurers can help illustrate differences in the prices of selected policies, but the figures need to be interpreted in context.
- GWP
Premium recorded for an insurance policy.
- Median GWP
The middle premium when selected policy prices are arranged from lowest to highest.
- P25
The 25th percentile; 25% of selected policy prices fall at or below this value.
- P75
The 75th percentile; 75% of selected policy prices fall at or below this value.
- Difference vs. overall median
How far an insurer's median is above or below RM130.
For example, Great Eastern's P25–P75 range was RM77–RM120. This means the middle 50% of its selected policy prices fell within that range. It does not mean every customer will receive a quote within those values.
Note
Median GWP and percentile ranges do not show an insurer's arithmetic average GWP. To compare average GWP, the mean premium for each insurer must be calculated from the underlying policy-level data.
How can you compare motorcycle insurance prices?
Use these figures as a reference when comparing insurers. You can then compare motorcycle insurance options on BJAK.
For a fair comparison, check policies with similar coverage and review their exclusions, excess and additional benefits before choosing.
Frequently asked questions
Great Eastern had the lowest median at RM92 among the selected motorcycle Comprehensive and TP policies purchased through BJAK during the period.
Berjaya recorded the highest median at RM237. This does not mean every Berjaya customer will pay more than customers of other insurers.
No. Your price depends on your vehicle, coverage, sum insured, eligibility and other policy details. Compare quotes with similar coverage to assess the options fairly.
No. The analysis covers selected policies purchased through BJAK from 1 June to 31 August 2026. It does not represent every insurer or policy in Malaysia.
No. Median GWP is the middle value in the selected data, while average GWP usually refers to the arithmetic mean. The average must be calculated separately using the underlying policy prices.
Explore motorcycle insurance prices with BJAK
BJAK's sales data provides a reference for understanding GWP differences across insurers. In a separate cover-type analysis for the same period, the median GWP was RM207 for motorcycle Comprehensive and RM92 for motorcycle TP. These figures differ from the combined median of RM130 because they represent individual cover types rather than the combined selection.