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How It Came To Be
Malaysian Reinsurance Berhad (Malaysian
Re) was incorporated on 27 August 2004 as a whollyowned subsidiary
of MNRB
Holdings Berhad (MNRB). As part of the restructuring exercise
of the MNRB Group, the reinsurance business, the reinsurance
licence and reinsurance assets were transferred from MNRB
to Malaysian Re on 1 April 2005.
Vision
To be a Top 5 Reinsurance Company
in the Asia-Pacific Region by 2008.
Mission
To be a Dynamic and Professional Reinsurer in pursuit of
excellence.
Business Objectives
- To diversify our existing business in
order to achieve a better portfolio mix and ensure sustainable
growth;
- To continuously explore innovative
ways of doing business by taking advantage of the latest
Information Technology;
- To increase local retention and reduce
outflow of reinsurance premium;
- To increase employment and training
opportunities in reinsurance, particularly for Bumiputera,
which are lacking in this sector of the industry; and
- To enhance the value of the Company
through the creation of favourable earnings prospects which
are sustainable in the long term.
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