MNRB Holdings Berhad in A Glance
Since 1972, Malaysian National Reinsurance Berhad (MNRB) has operated in the Malaysian reinsurance market. The company’s primary business is management services, which it conducts via investment holding, reinsurance, Takaful operator, reinsurers and Retakaful operator. Two of the company’s subsidiaries are Malaysia RE and Takaful IKHLAS.
What is MNRB Holdings Berhad?
MNRB Holdings Berhad is a pioneer in management services and comprises several well-known wholesale reinsurance and retakaful providers. The company differentiates itself from competitors by its reinsurance arm, one of the strongest in the region, writing general business lines both domestically and abroad.
What is Malaysian Re?
Malaysian Re, as the national reinsurer, continues to strengthen the competitiveness and efficiency of domestic insurance businesses in an increasingly globalised market by actively leading and insuring their reinsurance needs. The retakaful division, Malaysian Reinsurance Retakaful Division, underwrites all classes of general reinsurance.
About Takaful IKHLAS
Takaful IKHLAS entered the Takaful sector on 18 September 2002 as Takaful Ikhlas Sdn. Bhd. and then changed to Berhad status in 2014. They are primarily engaged in providing financial protection services that adhere to Shariah principles and decisions and announced the conversion of its composite Takaful licences into two organisations.
The Conclusion
The MNRB Group is a public-listed company with business partnerships across the globe, comprising reinsurance and retakaful wholesale providers, reinsurers and takaful operators. MNRB remains committed to expanding its domestic footprint and venturing into selected markets abroad to deliver services for long-term business sustainability.