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, and Retakaful operator. Two of the company’s subsidiaries are Malaysia RE and Takaful IKHLAS.
MNRB Holdings Berhad Stands Out Among Its Competitors
MNRB Holdings Berhad is a Malaysian investment holding company focused on management services, and 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.
Malaysia Re Contributes Towards The Development Of The Nation
This is how Malaysian Re, the country’s leading reinsurer, continues to help domestic insurance businesses be more competitive and efficient in a more globalised market: by leading and covering their reinsurance needs. It’s called the Malaysian Reinsurance Retakaful Division, and it writes all kinds of general reinsurance.
Takaful IKHLAS Provides Financial Protection Services
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 MNRB Group comprises leading wholesale providers of reinsurance and retakaful and two takaful operators, offering companies a wide range of business solutions ranging from reinsurance to retail takaful. MNRB has evolved to be a listed public investment holding company that has expanded its business internationally.