What is MNRB Group?
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 the region’s best reinsurers, motor reinsurance, writing general business lines domestically and internationally.
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.
Malaysia Re Contributes Towards The Development Of The Nation
As the national reinsurer, Malaysian Re 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 was established in 2002 and is principally involved in providing financial protection services. It offers a comprehensive range of family and general takaful products. Its distribution channels consist of highly knowledgeable and well-trained agents, brokers, financial institutions, motor franchise holders and cooperatives.
The Conclusion
The MNRB Group comprises leading wholesale providers of motor reinsurance and retakaful and two takaful operators, offering companies a wide range of business solutions ranging from reinsurance to retail takaful. Throughout the years, MNRB has evolved to be a listed public investment holding company that has expanded its business internationally.