MNRB Holdings Berhad - Company Profile
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MNRB Holdings Berhad (MNRB), formerly known as Malaysian National Reinsurance Berhad, is an investment holding company. The company, through its subsidiaries, offers a range of insurance and reinsurance products and services through its subsidiaries. It offers reinsurance products for fire, motor, engineering, marine, and miscellaneous accident. The company also provides group family, individual family, commercial and general retail takaful products. MNRB offers motor insurance to vehicle owners, bodily injury claims administration, and underwriting services. The company’s major subsidiaries include Malaysian Reinsurance Berhad, Takaful Ikhlas Family Berhad, Sinar Seroja Berhad, Malaysian Re (Dubai) Ltd, and MMIP Services Sdn. Bhd. MNRB is headquartered in Kuala Lumpur, Malaysia.
MNRB Holdings Berhad premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Reinsurance | Claims Administration Services |
| Fire Reinsurance | Underwriting Services |
| Personal Accident Reinsurance | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In August, the company entered into an agreement to sell Takaful Ikhlas Family Berhad and Takaful Ikhlas General Berhad to Rakyat Nominees Sdn Bhd and Bank Kerjasama Rakyat Malaysia Berhad. |
| 2026 | Contracts/Agreements | In May, the company entered into an agreement to acquire the remaining 80% stake in Labuan Reinsurance Ltd. for US$100.69 million. |
| 2024 | Financing Agreements | In March, the company successfully issued RM420 million in subordinated Sukuk Murabahah, supported by strong investor demand. |
Competitor Comparison
| Key Parameters | MNRB Holdings Berhad | Allianz Malaysia Berhad | Syarikat Takaful Malaysia Keluarga Bhd | Asia Capital Reinsurance Malaysia Sdn Bhd | Hannover Re Group |
|---|---|---|---|---|---|
| Headquarters | Malaysia | Malaysia | Malaysia | Malaysia | Malaysia |
| City | Kuala Lumpur | Kuala Lumpur | Kuala Lumpur | Kuala Lumpur | - |
| State/Province | Kuala Lumpur (Federal Territory of) | Kuala Lumpur (Federal Territory of) | Kuala Lumpur (Federal Territory of) | Kuala Lumpur (Federal Territory of) | - |
| No. of Employees | 1,189 | 1,855 | 1,115 | - | 2,200 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Rudy Rodzila Che Lamin | Chief Executive Officer; President - Interim | Senior Management | 2024 | 59 |
| Durraini Baharuddin | Group Chief Investment Officer; Senior Vice President | Senior Management | 2023 | 41 |
| Haniza Filzah Hayani Abu Haniffa | Group Chief Internal Auditor; Senior Vice President | Senior Management | 2019 | 56 |
| Ng Chee Sang | Chief Technology Officer - Group; Senior Vice President | Senior Management | 2021 | 55 |
| Ekmarrudy Othman | Senior Vice President; Chief Strategy Officer - Group | Senior Management | 2024 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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