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Purpose: This blog provides brief insurance news and digest for the busy executives. It is a handy archive covering major insurance news in Malaysia and nearby countries. 

Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we are not liable for any loss arising from the use of any information contained in this blog.

Reproduction: You may reproduce materials published here provided that the source (actuaries.com.my/insurance-news) is properly acknowledged.

Malaysian Re ventures into retakaful 

Malaysian Re has received BNM's approval to conduct general and family retakaful business. The MNRB group will undertake an internal restructuring exercise following this new development. http://j.mp/TAS150422b

Wednesday, April 22, 2015 8:14:00 PM Categories: Malaysian Re
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MNRB counts on Malaysian Re and Takaful Ikhlas 

MNRB will focus on maintaining its market leader position in the domestic reinsurance market (current market share 53.5%) through its subsidiary Malaysian Re and growing its takaful business through Takaful Ikhlas. http://bit.ly/TAS140918c

Thursday, September 18, 2014 9:15:00 PM Categories: Ikhlas Malaysian Re MNRB
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Pool participated by local insurers retains only 3% of the risk 

Insurance News

  -  March 26, 2014
The aviation insurance pool that makes up of local insurance companies only retains 3% of the risk of the aviation hull and liability policy. Malaysian Re confirms that it is part of the pool and it also has exposure to PA liability through the voluntary cession arrangements.  http://bit.ly/TAS140326a 

 

Posted by Loo Hai Wednesday, March 26, 2014 9:15:00 PM Categories: Malaysian Re
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Malaysian Reinsurance's ratings affirmed 

Insurance News

  -  Dec 14, 2012
A M Best has affirmed Malaysian Reinsurance Bhd's financial strength rating at "A-" and issuer credit rating of "a-". 
AM Best affirms ratings for Malaysian Reinsurance KUALA LUMPUR (Dec 14): MNRB HOLDINGS BHD [] says A M Best Co, a US-based insurance rating agency, has affirmed the financial strength rating of "A-" (excellent) and issuer credit rating of "a-" of the company's wholly-owned subsidiary Malaysian Reinsurance Bhd.
Posted by Loo Hai Friday, December 14, 2012 9:10:00 PM Categories: Malaysian Re Ratings
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