MNRB Holdings Berhad sees record-breaking year, with profits soaring to RM428.4m (US$90.34m), as Malaysian Re surpasses RM2.0bn in GWP/GWC for the first time.
On Thursday, the reinsurer provided more detail on its record US$200m net profit for 2023, with Franz-Josef Hahn expressing a positive outlook for 2024.
HK-headquartered reinsurer records significant turnaround from US$261m loss in 2022, according to unaudited figures from its parent company's annual results.