Company MNRB Holdings

Company MNRB Holdings

MNRB

MYL6459OO001

Reinsurance

Analysts' Consensus

Equities

MNRB

MYL6459OO001

Reinsurance

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for MNRB Holdings

EPS Revisions

Annual profits - Rate of surprise

Sector Other Reinsurance

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per Business

Ratings for MNRB Holdings

EPS Revisions

Annual profits - Rate of surprise

Sector Other Reinsurance

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.73 ^MYR	+1.17%		+2.98%	+41.80%

Mar. 01	MNRB Holdings Berhad Appoints Puan Sharmini A/P Perampalam as Chief Financial Officer	CI
Feb. 12	MNRB Proposes to Upsize Islamic Debt Program to MYR420 Million	MT

MNRB Holdings Berhad is a Malaysia-based investment holding company. The Company is principally engaged in the provision of management services to its subsidiaries. The Companyâs subsidiaries include Malaysian Reinsurance Berhad (Malaysian Re), Takaful Ikhlas Family Berhad (Takaful IKHLAS Family), Takaful Ikhlas General Berhad (Takaful IKHLAS General), Sinar Seroja Berhad, MMIP Services Sdn. Bhd. and Malaysian Re (Dubai) Ltd. Malaysian Re underwrites all classes of general reinsurance business and management of family and general retakaful businesses. Takaful IKHLAS Family is engaged in management of family and investment linked takaful businesses. Takaful IKHLAS General is engaged in management of general takaful business. Sinar Seroja Berhad is engaged in family retakaful and general retakaful businesses. MMIP Services Sdn. Bhd. is engaged in management of the Malaysian Motor Insurance Pool which provides motor insurance to vehicle owners.

Number of employees: 1,042

MYR in Million	2022	Weight	2023	Weight	Delta
Reinsurance 55.3 %	1,519	56.2 %	1,821	55.3 %	+19.93%
Takaful Operator 42.3 %	1,129	41.8 %	1,393	42.3 %	+23.44%
Adjustments and Eliminations -2.9 %	-144	-5.3 %	-94	-2.9 %	-34.46%
Investment Holding 2.7 %	130	4.8 %	89	2.7 %	-30.99%
Retakaful Operator 2.2 %	60	2.2 %	74	2.2 %	+23.89%
Others 0.3 %	8	0.3 %	9	0.3 %	+9.10%

MYR in Million	2022	Weight	2023	Weight	Delta
Malaysia 100.0 %	2,700	100.0 %	3,292	100.0 %	+21.90%

Managers	Title	Age	Since
Zaharudin Daud CEO	Chief Executive Officer	57	20-08-31
Sharmini Perampalam DFI	Director of Finance/CFO	56	94-12-31
Mastura Mohammad Shafie CMP	Compliance Officer	51	23-01-03
Durraini Baharuddin CIO	Chief Investment Officer	40	23-02-12
Chee Sang Ng CTO	Chief Tech/Sci/R&D Officer	53	21-09-12
Nur Azlina Mohammad Yazid HRO	Human Resources Officer	-	22-03-01
Haniza Filzah Hayani Abu Haniffa AUD	Comptroller/Controller/Auditor	55	19-05-02
Lena binti Abdul Latif LAW	General Counsel	57	02-12-31

Members of the board	Title	Age	Since
Wan Roshdi Wan Musa BRD	Director/Board Member	66	20-03-31
Khalid bin Sufat BRD	Director/Board Member	68	19-09-30
Johar bin Che Mat CHM	Chairman	72	17-09-30
Zaida Khalida binti Shaari BRD	Director/Board Member	58	19-09-30
Encik George Oommen BRD	Director/Board Member	70	17-12-31
Junaidah Mohd Said BRD	Director/Board Member	65	19-09-30
Shamsiah Mohamad SHA	Shariah Board Member	57	20-11-02
Luqman Haji Abdullah SHA	Shariah Board Member	54	20-11-02
Khairul Anuar Ahmad SHA	Shariah Board Member	50	22-06-30
See Mei Chin BRD	Director/Board Member	55	23-09-30

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	783,088,000	222,143,112 ( 28.37 %)	0	28.37 %

Name	Equities	%	Valuation
Bumiputra Investment Foundation 12.03 %	94,191,400	12.03 %	36 M RM
Goon Khing Kong 4.998 %	39,137,000	4.998 %	15 M RM
Goon Siong Kong 1.047 %	8,198,700	1.047 %	3 M RM
Long Tiang Ng 0.8684 %	6,800,082	0.8684 %	3 M RM
Chin Peng Chen 0.8419 %	6,592,514	0.8419 %	2 M RM
Promserv Sdn. Bhd. 0.8343 %	6,533,070	0.8343 %	2 M RM
Swee Lian Olive Lim 0.7759 %	6,076,000	0.7759 %	2 M RM
Yiew On Chong 0.7711 %	6,038,700	0.7711 %	2 M RM
Pei Tiam Lim 0.7573 %	5,930,000	0.7573 %	2 M RM
Neoh Choo EE & Co. Sdn. Bhd. 0.6784 %	5,312,316	0.6784 %	2 M RM

MNRB Holdings Bhd.

Bangunan Malaysian Re No. 17, Lorong Dungun

50490, Kuala Lumpur

+60 3 2096 8000

http://www.mnrb.com.my

Name	Category and Sector
Malaysian Reinsurance Bhd. Malaysian Reinsurance Bhd. Financial ConglomeratesFinance Malaysian Reinsurance Bhd. operates investment holding company. It provides property and engineering risk survey services to the insurance industry for the purpose of special rating, underwriting, and loss estimation. The company is headquartered in Kuala Lumpur, Malaysia.	Financial Conglomerates
Takaful Ikhlas Family Bhd. Takaful Ikhlas Family Bhd. Multi-Line InsuranceFinance Part of MNRB Holdings Bhd., Takaful Ikhlas Family Bhd. The private company is based in Petaling Jaya, Malaysia. is a Malaysian company that provides various insurance services. Abdul Latiff bin Abu Bakar has been the CEO of the company since 2013.	Multi-Line Insurance
Takaful Ikhlas General Bhd.

Trading Rating

Investor Rating

ESG Refinitiv

B-

More Ratings

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.73 MYR

Average target price

1.7 MYR

Spread / Average Target

-1.73%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
MNRB HOLDINGS	+41.80%	284M
SWISS RE LTD	+5.22%	31.59B
GENERAL INSURANCE CORPORATION OF INDIA	+10.73%	7.18B
BROOKFIELD REINSURANCE LTD.	+1.09%	5.9B
ENSTAR GROUP LIMITED	-2.06%	4.23B
KOREAN REINSURANCE COMPANY	+13.57%	869M
CENTRAL REINSURANCE CORPORATION	+17.35%	664M
POZAVAROVALNICA SAVA, D.D.	+6.43%	493M
VIETNAM NATIONAL REINSURANCE CORPORATION	+2.67%	151M
HELIOS UNDERWRITING PLC	+9.84%	154M

Other Reinsurance

Financials

Reinsurance

Other Reinsurance