Mnrb Holdings Berhad (Malaysia)

MNRB Holdings Berhad, located in Kuala Lumpur, is an investment holding company that was incorporated in 1972. It was established to reduce the outflow of reinsurance premiums overseas. The company began its operations on February 19, 1973. In 2005, as part of a restructuring exercise, the company's reinsurance license, business, and assets were transferred to its subsidiary, Malaysian Reinsurance Berhad. Consequently, Malaysian National Reinsurance Berhad became an investment holding company and changed its name to MNRB Holdings Berhad. Today, MNRB is listed on the Bursa Malaysia. The MNRB Group consists of leading wholesale providers of reinsurance and retakaful, as well as two takaful operators. Its reinsurance subsidiary is one of the top reinsurers in the region, writing lines of general businesses locally and internationally. In Malaysia, its takaful operators are among the leaders in providing financial protection services based on the takaful system. MNRB Holdings Berhad and its subsidiaries offer a wide range of products and services related to reinsurance, retakaful, retail takaful, and more. Malaysian Re underwrites all classes of general reinsurance and retakaful businesses, while Takaful IKHLAS is primarily involved in providing financial protection services based on the principles and rulings of Shariah.