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 such as cyber insurance underwriting, which it conducts via investment holding, reinsurance, Takaful operator, and Retakaful operator. Two of the company’s subsidiaries are Malaysia RE and Takaful IKHLAS.
What is MNRB Holdings Berhad?
MNRB is an investment holding company. The company’s subsidiaries offer a variety of insurance and reinsurance services. It provides reinsurance for fire, motor, engineering, and maritime, offering takaful commercial and general retail items. It also includes auto insurance, claims management, and underwriting services.
Malaysian Re Strengthen Global Connections
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.
Takaful IKHLAS as The Best Protection Plan For Your Family
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 and more. MNRB has fostered business partnerships with industry players across global markets.