MNRB Holdings Berhad as A Whole
MNRB Holdings Berhad is a Malaysian investment holding company focused on asset management. Malaysian Reinsurance Berhad (Malaysian Re) and Takaful IKHLAS are the corporation’s subsidiaries. Its reinsurance division is one of the region’s most substantial, writing local, insurance underwriting and foreign general business lines.
MNRB Holdings Berhad Listed On Bursa Malaysia
MNRB Holdings Berhad is a Malaysian investment holding company specialising in management services. The company is the parent company for Malaysian Reinsurance Berhad (Malaysian Re) and Takaful IKHLAS. Its reinsurance arm is among its best reinsurers, writing general business lines domestically and internationally.
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 Conclusion
The MNRB Group comprises leading wholesale providers of insurance underwriting, 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 throughout the years.
