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12 Dec 2013

Kuala Lumpur, 12 December 2013 – A.M. Best Asia-Pacific Limited has revised Malaysian Reinsurance Berhad’s (Malaysian Re) outlook from Stable to Positive and affirmed its Financial Strength Rating of “A-“ (Excellent) and Issuer Credit Rating of “a-”.
The ratings reflect Malaysian Re’s strengthened risk-adjusted capitalization, consistently favorable operating performance and well-established presence in the Malaysian reinsurance market.
A copy of the press release issued by A.M. Best dated 11 December 2013 is attached.
Malaysian Re is Malaysia’s leading reinsurance company and is a wholly owned subsidiary of MNRB Holdings Berhad (MNRB).  Malaysian Re was first rated by A.M. Best in 2006.
A.M. Best Asia-Pacific Limited is a subsidiary of A.M. Best Company. A.M. Best Company, founded in 1899, is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers.
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