Reinsurance News

Malaysian Re

MNRB Q3’25 revenue rises 17.8% driven by Malaysian Re

19th February 2026

MNRB Holdings Berhad (MNRB) announced its financial results for the third quarter ended Dec 31, 2025, reporting a net profit of RM151 million, up from RM115.9 million a year earlier, with revenue rising 17.8% year-on-year to RM973.9 million from RM826.4 million. This growth was driven by improved contributions across all core ... Read the full article

MNRB posts best ever Q1 profit driven by Malaysian Re

15th August 2025

MNRB Holdings Berhad (MNRB), has reported its financial results for the first quarter ending June 30th, 2025 (Q1 FY’26), including a best opening quarter performance since inception with profit after tax (PAT) of RM168.4 million (USD 39.9m), up 82.7% from RM92.2 million (USD 21.9m) in Q1 FY’25, largely driven by ... Read the full article

MNRB Holdings posts 38.2% increase in reinsurance profit

16th August 2024

MNRB Holdings Berhad (MNRB), has released its financial results for the first quarter ended 30 June 2024 (Q1 FY2025), which includes an RM86.1 million ($19.42 million) net profit from Malaysian Re, the company's reinsurance and retakaful business, representing a 38.2% increase from the prior year period. The company stated that the ... Read the full article

Malaysian Re and Pacific Life Re extend MoU on sustainable retakaful solutions

14th June 2024

Malaysian Re and Pacific Life Re Limited, Singapore Branch have signed an extension of their Memorandum of Understanding (MoU) on providing sustainable retakaful solutions to Takaful Operators. This collaboration was first established in 2019, and since then, Malaysian Re's Retakaful Division (MRRD) has worked with Pacific Life Re to provide ... Read the full article

Malaysian Re to manage ASEAN renewable energy pool

8th December 2023

A Memorandum of Understanding (MOU) has been signed at the 26th ASEAN Insurance Regulators’ Meeting & 49th ASEAN Insurance Council Meeting, to establish the ASEAN Renewable Energy Pool (AREP), which will support ASEAN governments' renewable energy policies. Signed by the ASEAN Reinsurance Working Committee (ARWC), the pool was first proposed by ... Read the full article

Malaysian Re launches ASEAN Insurance Pulse 2023, unveiling insights on inflation impact

5th December 2023

Malaysian Reinsurance Berhad (Malaysian Re) has introduced the seventh edition of its annual regional Thought Leadership publication, ASEAN Insurance Pulse, with a dedicated focus on the impact of inflation on ASEAN insurers. Ahmad Noor Azhari Abdul Manaf, President and Chief Executive Officer of Malaysian Re, emphasised the novelty of the situation, ... Read the full article

MNRB Holdings Berhad posts improved reinsurance profit

23rd November 2023

MNRB Holdings Berhad, the parent to Malaysian Re, has reported a strong financial performance for its first six-month period ended 30th September 2023, on the back of steady growth in the Group’s reinsurance and takaful businesses. MNRB’s group net profit improved substantially to RM111.1 million (USD 24m) in the period, compared to ... Read the full article

Malaysian Re promotes Noor Azhari to CEO & President

3rd April 2023

MNRB Holdings Bhd (MNRB) has promoted Ahmad Noor Azhari Abdul Manaf to the roles of President and Chief Executive Officer (CEO) of Malaysian Reinsurance Bhd (Malaysian Re) effective April 1, 2023. MNRB is the holding company of Malaysian Re. The company confirmed that Noor Azhari assumes the role from Zainudin Ishak whose ... Read the full article

ASEAN insurers have key role in climate battle, says Malaysian Re

9th December 2022

The ASEAN region will have to find more than $800 billion of investment for energy supply in order to meet its expected demand for power in 2050, according to a new report by Malaysian Re. The 2022 ASEAN Insurance Pulse report by the reinsurer says that risk managers, risk takers, investors, ... Read the full article

Rokstone Aviation confirms additional reinsurance capacity

20th June 2022

Rokstone Aviation has confirmed additional capacity through Malaysian Re under which it is able to write more hull and liability policies. According to the firm, the new line sizes are $5m for hull and $50m for liability. It said in a statement: “The agreement is a clear vote of confidence in our ... Read the full article

Flood risk capacity adequate in Malaysia, but conversations needed

19th May 2022

Insurers and reinsurers within Malaysia have adequate capacity for flood risk, despite low penetration in the country, says a new report. The report, The Malaysian Insurance Highlights, says that while 5m of the country’s 32.3m population live in flood-prone areas, fewer than 25% of homeowners and 5% of vehicles are insured ... Read the full article

Malaysian Re gains voluntary cessions renewal

25th January 2022

MNRB Holdings Berhad’s reinsurance arm, Malaysian Reinsurance Berhad (Malaysian Re), has received approval from Bank Negara Malaysia (BNM) to renew its voluntary cessions (VC) for another three years, until the end of 2024. The VC sees Malaysian Re receive automatic cessions as well as automatic participation in all domestic facultative reinsurance ... Read the full article

Malaysian Re & Pacific Life Re partner to provide retakaful solutions

13th December 2019

Malaysian Reinsurance Berhad (Malaysian Re) and the Singapore branch of Pacific Life Re Limited have signed a Memorandum of Understanding (MoU) to provide retakaful products to Family Takaful Operators. The MoU was signed by Zainudin Ishak, President and Chief Executive Officer (CEO) of Malaysian Re and Andrew Gill, Managing Director Asia ... Read the full article

Malaysia re/insurers to benefit from more liberal market, report claims

6th December 2019

A new report from Malaysian Reinsurance Berhad (Malaysian Re) has claimed that both customers and re/insurers will ultimately benefit from a more liberal market in Malaysia, following the recent de-tariffication of the dominant property classes, motor and fire. Of the 30 senior re/insurance executives surveyed by Malaysian Re, almost all held ... Read the full article

Technology is key to closing ASEAN protection gap, report execs

12th March 2019

New digital technologies represent the most promising remedy to closing the significant non-life insurance protection gap in Southeast Asia, according to the results of the ASEAN Insurance Pulse 2018 report by Alms & Company and Malaysian Re. The report, which surveyed key re/insurance executives from across the Association of Southeast Asian ... Read the full article