MNRB Holdings Berhad In-Depth & How The Company Stays at the Top

Posted on June 1, 2022Comments Off on MNRB Holdings Berhad In-Depth & How The Company Stays at the Top

About MNRB and The Subsidiaries

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, family takaful and Retakaful operator. Two of the company’s subsidiaries are Malaysia RE and Takaful IKHLAS.

MNRB Holdings Berhad as The Top Reinsurers

MNRB Holdings Berhad is a Malaysian investment holding company focused on management services. It is publicly listed on Bursa Malaysia. The firm comprises top wholesale reinsurance and retakaful suppliers and two takaful operators and is among the region’s best reinsurers locally and globally.

Takaful IKHLAS

How Malaysian Re Continues To Stay As Nation’s Best Reinsurer

Leveraging on its breadth and depth of experience and expertise, strong fundamentals and proven record of accomplishment, Malaysian RE has grown in stature as an international player, having established a strong market presence in Asia and the Middle East. Malaysian Re is the largest national reinsurer (by asset) in the Southeast Asia region.

What is 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

Having resilient reinsurance and a retakaful sector is vital for a healthy economy. As a public-listed investment holding company, MNRB offers a wide range of products and services related to the insurance sector, including reinsurance, retakaful, retail takaful, family takaful and more. MNRB has fostered business partnerships with industry players across global markets.

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