How It Came To Be

In early 1965, the Malaysian Government conceived the idea of forming a national reinsurance company in order to curtail the ever increasing reinsurance premium overseas. A feasibility study on the formation of such a company was done in 1971 and on 30 December 1972, Malaysian National Reinsurance Berhad known as MNRB, was incorporated under the Companies Act 1965. It commenced operations on 19 February 1973. Effective 5 April 2005, as part of the restructuring exercise of MNRB Group, the reinsurance business, reinsurance licence and reinsurance assets, up to a net amount of RM400 million, were transferred from MNRB to Malaysian Re.

Pursuant to the restructuring, MNRB is now an investment holding company and was renamed as MNRB Holdings Berhad.