Malaysian Reinsurance Berhad (Malaysian Re) was granted the license to transact general and family retakaful business by the Ministry of Finance on 13 April 2016.
This new division was established to expand and complement Malaysian Re’s conventional reinsurance business operations by extending the shariah-compliant supply chain to both local and international takaful operators.
Malaysian Reinsurance Retakaful division (MRRD) operates on a ‘Leveraged Model’ and is thus able to harness upon Malaysian Re’s underwriting best practices which encompasses, amongst others, sound rating disciplines, accessibility to readily available actuarial assessments and appropriate pricing models/tools.
Family & Health
Property & Engineering
Malaysian Re will continue to provide prompt services and will ensure the existing products to be not only competitive but also meet the requirements of its customers.