News Reinsurance13 Dec 2019

Malaysia:Upsurge of the takaful segment emboldens family retakaful partnership

(From left) Malaysian Re retakaful division senior vice president & head Mohammad Nizam Yahya; Pacific Life Re Asia & Australia managing director Andrew Gill; Malaysian Re president and CEO Zainudin Ishak; Pacific Life Re head of SEA Marketing (product dev & alt distribution) Vasan Errakiah at the MoU between Malaysian Re and Pacific Life Re

National reinsurer Malaysian Re has expanded into the family retakaful business with support from Pacific Life Re which will provide technical pricing, underwriting, product development, experience analysis and global insights. Both parties signed an MoU and entered into a partnership to provide sustainable retakaful solutions to family takaful operators.

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