About Malaysian National Reinsurance Berhad (MNRB) Group
Malaysian National Reinsurance Berhad (MNRB) has been around in the Malaysian reinsurance field since 1972. The company’s main business provides management services and operates through an investment holding, reinsurance, Takaful operator, and Retakaful operator. Malaysia RE and Takaful IKHLAS are two of the takaful company in Malaysia.
MNRB Holdings Berhad Stands Out Among Its Competitors
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
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 writes all kinds of general reinsurance.
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 primarily provide 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 a takaful company in Malaysia.
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