Takaful

MNRB to sell direct takaful arms to Bank Rakyat for US$400m

August 5 2026

Malaysian Re's parent will divest Takaful IKHLAS Family and Takaful IKHLAS General to the cooperative bank, and keep its retakaful business.

Modern office building with blue glass windows and a large EtIqa sign on the roof, featuring a yellow smile beneath the letters.

Maybank to take full control of Etiqa in US$1.2bn Ageas buyout

August 3 2026

The billion-dollar deal will be financed through Maybank's internal and external funding and is expected to close in 2026.

Multi-lane highway with a central barrier and cars traveling in both directions, urban skyline in the distance under a clear blue sky.

Najmaa Mutual launches Australia’s first Shariah-compliant motor takaful protection

July 14 2026

Member-owned mutual introduces vehicle protection based on Islamic finance principles.

Corporate banner for PNB featuring a city skyline and a circular portrait of a man in a suit and glasses.

Malaysia's PNB appoints Rizal Rickman as President and Group CEO

July 2 2026

The leadership transition at MNRB Holdings Berhad's largest shareholder places Rizal Rickman at the helm of PNB.

Two men in suits shake hands while holding certificates at a signing ceremony backdrop about a cancer precision medicine reinsurance treaty.

Malaysian Re, China Re Life back cancer precision medicine reinsurance framework

June 19 2026

The move will provide reinsurance and retakaful capacity for insurance and takaful products covering selected advanced cancer treatments.

Family meal at a bright kitchen table: a woman in a hijab serves food to two children and a man as they eat together; plates and drinks on the table.

Malaysia’s takaful growth driven by general business as family segment slows in 2025

June 12 2026

Gross contributions rose 4.7% in 2025, with motor and fire lines driving double-digit growth in general takaful.

mnrb-holdings-sees-profits-rise-38-3-in-fy-2026-as-malaysian-re-improves-cor-to-74-2

MNRB sees profits rise 38.3% in FY2026, as Malaysian Re improves COR to 74.2%

May 22 2026

Profit after tax breached the RM500m mark for the first time, with Malaysian Re and Takaful IKHLAS both posting higher profits.

rhb-bank-receives-regulatory-nod-to-begin-talks-on-insurance-integration-with-tokio-marine

RHB Bank receives regulatory nod to restart insurance arm sale talks with Tokio Marine Asia

May 12 2026

The parties have six months to conclude negotiations and market analysts believe a deal appears more credible than RHB Bank’s earlier, unsuccessful attempt in 2019.

FWD Takaful, MBSB Bank ink 10-year bancatakaful deal

May 6 2026

The tie-up gives the insurer access to MBSB’s branches and sales force.

Kevin_Rethual_is_appointed_Chief_Executive_Officer_Munich_Re_Retakaful

Kevin Rethual named new CEO of Munich Re Retakaful

May 5 2026

He has been with the reinsurer since 2021, most recently as chief commercial officer.

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