GENERAL REINSURANCE ADVISOR OF THE YEAR Malaysian Reinsurance Berhad Malaysian Reinsurance Berhad (Malaysian Re) is a whollyowned subsidiary of MNRB Holdings Berhad. As the national reinsurer, Malaysian Re continues to enhance the competitiveness and efficiency of the local insurance companies in an increasingly globalised marketplace through its active involvement in leading and underwriting their reinsurance needs. Malaysian Re underwrites all classes of general reinsurance business as well as general and family retakaful businesses through its retakaful division, Malaysian Reinsurance Retakaful Division. Leveraging on its breadth and depth of experience and expertise, strong fundamentals and proven record of accomplishment, Malaysian Re has grown in stature as an international player having established a strong market presence in Asia and the Middle East. Malaysian Reinsurance Berhad (Malaysian Re) underwrites all classes of general reinsurance and participates in family and general retakaful businesses through Malaysian Re Retakaful Division (MRRD). Malaysian Re is Malaysia’s leading domestic reinsurer and largest national reinsurer (by asset) in South East Asia. Malaysian Reinsurance Berhad (Malaysian Re) was granted the license to transact general and family retakaful business by the Ministry of Finance on 13 April 2016. This new division was established to expand and complement Malaysian Re’s conventional reinsurance business operations by extending the shariah-compliant supply chain to both local and international takaful operators. Malaysian Reinsurance Retakaful division (MRRD) operates on a ‘Leveraged Model’ and is thus able to harness upon Malaysian Re’s underwriting best practices which encompasses, amongst others, sound rating disciplines, accessibility to readily available actuarial assessments and appropriate pricing models/tools. About Zainudin Ishak He holds an Associateship of Malaysian Insurance Institute (AMII) with 30 years of experience in the insurance industry covering a range of business and functional roles earned in various capacities in the domestic and multinational corporations in Kuala Lumpur, Hong Kong and the Kingdom of Saudi Arabia, inclusive 15 years stint as CEO. He is also a Management Committee of Persatuan Insurans Am Malaysia (PIAM) and has served as the Chairman of Malaysia Takaful Association from 2012 to 2015. He was appointed as President & Chief Executive Officer of Malaysian Reinsurance Berhad on 1 April 2015, and also a Director of Malaysian Re (Dubai) Ltd, MMIP Services Sdn Bhd and Financial Park (Labuan) Sdn Bhd. 77 www.finance-monthly.com Finance Monthly Insurance Awards 2022 Malaysia Email: enquiry@malaysian-re.com.my Tel: 603 2096 8000 www.malaysian-re.com.my Zainudin Ishak President & CEO of Malaysian Reinsurance Berhad
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