What is MNRB Group?
MNRB Holdings Berhad is a Malaysian investment holding firm founded in 1972, specialising in management services. Malaysian Reinsurance Berhad (Malaysian Re) and Takaful IKHLAS are affiliates of the corporation. The Company operates via the following segments: investment holding, reinsurance, takaful operator, and retakaful operator and is in charge of reinsurance premiums.
MNRB Holdings Berhad Stands Out Among Its Competitors
Malaysian National Reinsurance Berhad was rebranded to MNRB Holdings Berhad as an investment holding company and is now listed on Bursa Malaysia. It comprises prominent wholesale reinsurance and retakaful suppliers and two Takaful operators. Its reinsurance business is among the region’s best reinsurers, both nationally and internationally.
About 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.
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
As a company listed on the Malaysia stock exchange market, MNRB offers a wide range of products and services related to reinsurance premiums, retakaful, retail takaful and more through its subsidiaries. MNRB is a regional and international player, having established a strong market presence in Asia and the Middle East.