MNRB's 3Q Net Profit Rises To RM150.97 Mln
KUALA LUMPUR, Feb 13 (Bernama) -- MNRB Holdings Bhd’s net profit rose to RM150.97 million in the third quarter ended Dec 31, 2025 (3Q FY2026) compared with the year-ago earnings of RM115.86 million.
Revenue increased to RM973.93 million from RM826.38 million previously, driven by improved contributions across all segments, namely the general takaful, reinsurance, retakaful, and family takaful segments, it said in a filing with Bursa Malaysia.
In 3Q FY2026, the reinsurance business recorded total revenue of RM505.4 million, up 7.1 per cent year-on-year (y-o-y), while the retakaful business’ revenue surged 60.6 per cent to RM44.0 million.
The general takaful business saw revenue grow 32.8 per cent y-o-y to RM308.6 million, while the family takaful revenue increased 5.6 per cent to RM129.3 million.
For the first nine-month period, the group chalked up a better net profit of RM431.66 million against RM300.80 million in the preceding year’s corresponding period, while revenue strengthened to RM2.88 billion from RM2.56 billion previously.
On prospects, MNRB said Malaysia’s reinsurance and retakaful industry is expected to maintain its growth trajectory this year, supported by regulatory enhancements, increased demand for financial protection, and government initiatives under Budget 2026.
These include affordable insurance products, healthcare reforms, and expanded financial inclusion efforts, it said.
In addition, the group said, the reinsurance and retakaful segment is poised to benefit from stable market conditions, favourable pricing, and rising awareness of climate-related risks.
“The group remains optimistic about its long-term prospects, leveraging strategic diversification and disciplined underwriting to enhance financial performance.
“Continued innovation and adaptability are also key to navigating global pressures and capturing emerging and untapped opportunities, particularly in the overseas market,” it said.
MNRB said the group remains confident in the long-term growth of its reinsurance and retakaful businesses, supported by its portfolio diversification strategy focused on sustainable profitability.
In a statement, MNRB interim president and group chief executive officer Datuk Rudy Rodzila Che Lamin said the group’s strong performance in 3Q FY2026 marks a significant milestone in its growth journey, reflecting disciplined underwriting, prudent risk selection and consistent execution across core businesses.
“The improvement in earnings quality and returns underscores the resilience of our operating model in a dynamic market environment.
“We hope that the commendable performance will continue to drive the upward momentum of our organisation values,” he said.
Rudy Rodzila said the group remains firmly focused on sustaining the trajectory through disciplined underwriting, portfolio optimisation and active capital management, while expanding scales and deepening relevance across the reinsurance, retakaful and takaful segments.
-- BERNAMA