DOCSLIB.ORG

2013 Annual Report a Trusted Partner

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2013 Annual Report a Trusted Partner 2013 annual report A Trusted Partner For over forty (40) years, the MNRB Group has made its mark as the National Reinsurer and has continued to evolve into being a trusted partner to financial industries. Over these years, the group has grown and today encompasses the reinsurance, takaful and retakaful businesses. We have also moved beyond Malaysian shores to other parts of Asia as well as the Middle East and Africa and are set to further extend our international footprint as a leading risk solutions provider. As we venture forth, we will continue to leverage on our robust financial standing, astute business strategies and strong partnerships to leave an imprint and create a sustainable future for the Group and its stakeholders. Contents MNRB HOLDINGS BERHAD MALAYSIAN REINSURANCE MNRB RETAKAFUL BERHAD BERHAD 004 Corporate Profile 100 Corporate Profile 005 Corporate Milestones 070 Corporate Profile 101 Corporate Information th 010 Notice of 40 071 Corporate Information 102 Directors’ Profile Annual General Meeting 072 Directors’ Profile 105 Shariah Committee 012 Statement Accompanying 076 Senior Management Team Members’ Profile Notice of Annual General Meeting 078 Senior Management Team’s Profile 108 President & 013 Corporate Information 079 Corporate Activities and Services Chief Executive Officer's Profile 014 Board of Directors 081 Malaysian Re’s Portfolio of Business 109 MRT’s Portfolio of Business 016 Directors’ Profile 020 Senior Management Team MALAYSIAN RE (DUBAI) LTD. 022 Senior Management Team’s Profile TAKAFUL IKHLAS SDN. BHD. 025 Group Structure 112 Corporate Profile 026 Chairman’s Statement 084 Corporate Profile 113 Corporate Information 036 Corporate Social Responsibility 085 Corporate Information 114 Directors’ Profile 046 Statement on 086 Directors’ Profile 115 Senior Executive Officer's Profile Corporate Governance 090 Shariah Committee 058 Audit Committee Report Members’ Profile 060 Statement on Risk Management 092 Senior Management Team MMIP SERVICES SDN. BHD. and Internal Control 094 Senior Management Team’s Profile 063 Statement of 096 Takaful IKHLAS’ Portfolio of Business 116 Corporate Profile Directors’ Responsibility in 117 Corporate Information Relation to the Financial Statements 064 Five-Year Financial Highlights 065 Financial Calendar 066 MNRB’s Growth 067 Investors’ Information 118 Calendar of Significant Events 122 Financial Statements 280 Additional Compliance Information 281 Analysis of Shareholdings 285 List of Properties • Proxy Form • Complaint Form of Bursa Malaysia MMIP SERVICE S SDN . BH D. MM IP S ER VI CE S SD RETAKAFUL BERHAD MNRB R N. MNRB ETAKAF B UL BE HD RHAD . MN M RB M RET IP AK S AFU E L B R ER V SDN. BHD. TAKAFUL IKHLA HA IC AFUL IKHLAS S SDN. BHD. T D E TAK AKAFUL IK M S HLAS SD NR S N. BHD B D . TAK N AFUL . IKHLA S B N R SIA N AY M AL M S D HA G ER N E B I NC D URA L INS O RE H IAN YS B ALA D M R RHA N BE M E NC SURA REIN D AN A ALAYSI ERHAD M H SURANCE B R MALAYSIAN REIN E B S G IN D L O H B R N M D A H R E B S G IN D L O H B R N M AD H ER B N S A G I IN S LD Y O A H L B NR A M M D HA . R D BE S T G L IN D ) OL I H A RB MN B D U RHA BE D GS ( HOLDIN MNRB E R N A I S Y A L A M . D T L I) A B U D ( E R N IA S AY AL M . TD I) L BA DU E ( N R YSIA MALA for the Group’s long-term growth. long-term Group’s the for our reach and explore new areas of opportunity opportunity of areas new explore and reach our established have given us the impetus to spread spread to impetus the us given have established nurtured and strong market positions we have have we positions market strong and nurtured operate in. The enduring partnerships we have have we partnerships enduring The in. operate reinforced its reputation in the many markets we markets many the in reputation its reinforced turning in a solid performance, MNRB has MNRB performance, solid a in turning By steadfastly delivering on our promises and promises our on delivering steadfastly By BY OUR PARTNERS OUR BY TRUSTED MMIP SERVICE S SDN . BH D. MM IP S ER VI CE S SD RETAKAFUL BERHAD MNRB R N. MNRB ETAKAF B UL BE HD RHAD . MN M RB M RET IP AK S AFU E L B R ER V SDN. BHD. TAKAFUL IKHLA HA IC AFUL IKHLAS S SDN. BHD. T D E TAK AKAFUL IK M S HLAS SD NR S N. BHD B D . TAK N AFUL . IKHLA S B N R SIA N AY M AL M S D HA G ER N E B I NC D URA L INS O RE H IAN YS B ALA D M R RHA N BE M E NC SURA REIN D AN A ALAYSI ERHAD M H SURANCE B R MALAYSIAN REIN E B S G IN D L O H B R N M D A H R E B S G IN D L O H B R N M AD H ER B N S A G I IN S LD Y O A H L B NR A M M D HA . R D BE S T G L IN D ) OL I H A RB MN B D U RHA BE D GS ( HOLDIN MNRB E R N A I S Y A L A M . D T L I) A B U D ( E R N IA S AY AL M . TD I) L BA DU E ( N R YSIA MALA 004 ANNUAL report 2013 CORPORATE PROFILE In early 1965, the Malaysian Government conceived the idea of forming a national reinsurance company in order to curtail the ever-increasing outflow of reinsurance premiums overseas. A feasibility study on the formation of such a company was undertaken in 1971 and on 30 December 1972, Malaysian National Reinsurance Berhad was incorporated under the Companies Act, 1965, with the company commencing operations on 19 February 1973. Effective 1 April 2005, as part of the restructuring exercise of the MNRB Group, the reinsurance business, reinsurance license and reinsurance assets, up to a net amount of RM400 million, were transferred from Malaysian National Reinsurance Berhad to Malaysian Reinsurance Berhad (Malaysian Re). Pursuant to the restructuring, Malaysian National Reinsurance Berhad became an investment holding company and was renamed MNRB Holdings Berhad (MNRB). Today, MNRB’s wholly owned subsidiaries are Malaysian Re, a general reinsurance company, Takaful Ikhlas Sdn. Bhd. (Takaful IKHLAS), a takaful operator, as well as MNRB Retakaful Berhad (MRT), a general and family retakaful operator. Subsidiary Malaysian Re (Dubai) Ltd. (MRDL), was incorporated in Dubai in the United Arab Emirates, to underwrite the reinsurance business for Malaysian Re and to service Malaysian Re’s business partners in the Middle East and North Africa (MENA) region. Another subsidiary company, MMIP Services Sdn. Bhd. (MSSB), is the manager of the Malaysian Motor Insurance Pool (MMIP), a pool established by the local insurance industry to provide insurance coverage for vehicle owners who have difficulty in obtaining motor insurance coverage. In addition, Motordata Research Consortium Sdn. Bhd. (MRC), a company that manages a database of standard motor parts, prices and repairs, is an associate company of MNRB, whilst Labuan Reinsurance (L) Ltd. (Labuan Re), an offshore reinsurance company incorporated in the Labuan International Offshore Financial Centre (IOFC), is an associate company of Malaysian Re. Backed by a wealth of experience and knowledge in the reinsurance, takaful and retakaful businesses, a sound financial position plus strong support from its substantial shareholders, namely, Permodalan Nasional Berhad (PNB) and the various unit trust schemes of PNB, the MNRB Group continues to grow as a renowned corporation, both locally and internationally. CAPITAL STRUCTURE The Company has an Authorised Capital of RM500 million, divided into 500 million ordinary shares of RM1.00 each and a Paid-up Capital of RM213 million, divided into 213 million ordinary shares of RM1.00 each. MNRB HOLDINGS BERHAD 005 CORPORATE MILESTONES 1973 - 1975 1982 - 1984 Malaysian National Reinsurance Berhad commenced Paid-up capital increased to RM8,216,004. operations on 19 February 1973. Published the 1st edition of the Malaysian Insurance Voluntary Cessions (VC) to Malaysian National Reinsurance Directory. Berhad commenced four (4) months later. Introduced Common Account Excess of Loss for Began to offer Excess of Loss Treaties to local insurance retrocessionaires. companies. Began to write Local Facultative business and non- reciprocal inwards overseas business. 1985 - 1987 Formation of the following: • Technical Services Department 1976 - 1978 – To conduct fire surveys including advisory services on risk management with the cost mostly Retroceded part of the VC cessions to the local insurance borne by Malaysian National Reinsurance Berhad. companies for their net account. • Inspection Department Sponsored the 1st Kuala Lumpur Insurance Seminar, – To ensure companies’adherence to the various attended by over four hundred (400) delegates. Inter-Company Agreements. Commenced writing ten percent (10%) Quota Share of • Rating Committee the Miscellaneous Accidents and Motor businesses. – To determine special rate under the Fire Tariff for Fire and Industrial All Risks Insurances. Increased level of retrocessions from twenty-five percent (25%) to thirty percent (30%) for Fire and Personal Accident businesses. 1988 - 1990 Increased level of retrocession from fifty percent (50%) to fifty-five percent (55%) to shareholding companies of 1979 - 1981 Malaysian National Reinsurance Berhad.
Load more

Recommended publications
  • Peniaga Diseru Segera Manfaat Dunia Digital
    Lembaga Urus Air Selangor 8.30 pagi l 26 September PERCUMA EDISI 24 - 30 September 2020, 6 - 12 Safar 1442 Hari Sungai Sedunia Anwar dakwa ada majoriti, Suara Muda: Ekonomi Kerepek keledek Kundang Pasar mini Jepun import Muhyiddin yakin kekal PM kreatif kalis wabak terbang ke Perth patin tempoyak MUKA 9 MUKA 11 MUKA 12&13 MUKA 17 OLEH NORRASYIDAH ARSHAD SHAH ALAM - Karnival kerjaya Selangor Mega Job Fair 2020 yang menawarkan 24,500 peluang pekerjaan bakal berlangsung di sembilan lokasi antara 3 Oktober hingga 29 Disember ini. Rebut 24,500 Jumlah itu termasuk beberapa ribu kekosongan yang disediakan Inisiatif Roda Darul Ehsan (RiDE), program membantu anak muda miskin bandar untuk berkhidmat dalam syarikat e-panggilan. EXCO Pembangunan Generasi Muda Mohd peluang kerja Khairuddin Othman berkata siri pertama karnival di- adakan di Pusat Konvensyen Shah Alam (SACC) se- lama dua hari dengan sasaran 15,000 pengunjung. “Program di SACC membabitkan 60 majikan yang menawarkan 5,000 peluang pekerjaan. Bagi pro- gram peringkat daerah, kerja ditawarkan mengam- bil kira faktor demografi dan keperluan pasaran. “Berdasarkan maklumat Pertubuhan Kese- lamatan Sosial (Perkeso), seramai 20,000 pe- nganggur direkodkan di negeri ini, jadi kita harap GIAT BANTU... rakyat ambil peluang,” katanya pada 15 Septem- Dato' Menteri ber lalu. Besar Dato' Seri Lapan acara dijalankan dengan kerjasama Ke- Amirudin Shari menterian Sumber Manusia dan Jobs Malaysia menyerahkan lesen manakala program di Shah Alam dengan kerjasa- niaga sementara ma Perkeso. kepada penjaja air Orang ramai boleh mendaftar dalam talian kelapa Razali Md bermula 15 September melalui nfdot.com/ereg/ Deli, 58, ketika views/jobfair/. Pemohon akan diberi kod QR dan program turun disediakan laluan khas di setiap lokasi karnival.
    [Show full text]
  • Pengaruh Kepimpinan Politik Kepartian Berasaskan Etnik Terhadap Pola Keputusan Pru Dun Sabah 2020
    Vol. 17. No.9 (2020). 39-60. ISSN: 1823-884x PENGARUH KEPIMPINAN POLITIK KEPARTIAN BERASASKAN ETNIK TERHADAP POLA KEPUTUSAN PRU DUN SABAH 2020 (An Influence of Political Party Leadership Ethnic Based in Result Pattern of Sabah State Legislative Assembly Election 2020) Junaidi Awang Besar, Muhammad Yusuf Idris & Mohd Syukri Zainuddin ABSTRAK Pilihan Raya Umum (PRU) Dewan Undangan Negeri (DUN) Sabah 2020 diadakan berikutan perisytiharan pembubaran DUN Sabah oleh Yang Dipertua Negeri Sabah atas pemintaan Ketua Menteri Sabah iaitu Datuk Seri Shafie Apdal. Beliau bertindak sedemikian kerana percaturan politik yang tidak berkesudahan di Sabah oleh parti pembangkang di negeri tersebut yang berjaya mengumpulkan sejumlah ADUN Sabah dengan majoriti mudah untuk beralih sokongan kepada bekas Ketua Menteri iaitu Tan Sri Datuk Seri Musa Aman untuk dilantik sebagai Ketua Menteri baru. Walaupun bekas Ketua Menteri itu membawa kes pembubaran DUN Sabah ke mahkamah namun akhirnya PRU DUN tersebut tetap diadakan. PRU DUN ini dilihat sebagai ujian bagi melihat pengaruh WARISAN-PKR dan Perikatan Nasional (PN) dalam keadaan situasi penularan wabak Covic-19. Objektif utama artikel ini ialah untuk menganalisis pengaruh politik kepartian berasaskan etnik dalam PRU DUN Sabah 2020. Berdasarkan analisis data keputusan PRU DUN Sabah 2020 dan analisis sumber sekunder seperti artikel jurnal dan kertas persidangan, dapatan kajian menunjukkan bahawa sokongan pengundi kepada parti politik dalam PRU DUN tersebut adalah berasaskan sentimen pimpinan kepartian etnik iaitu UMNO (BN) dan BERSATU (PN) yang dipimpin Orang Melayu mendapat sokongan di kawasan majoriti pengundi etnik Melayu Sabah serta Melayu Brunei pimpinan UMNO dan BERSATU; kawasan majoriti kaum Rungus-Kadazan-Dusun-Murut oleh pimpinan etnik Kadazan-Dusun daripada STAR dan PBS manakala WARISAN-PKR memperoleh sokongan di kawasan majoriti pengundi etnik Bajau pimpinan etnik Bajau WARISAN dan etnik Cina di kawasan bandar pimpinan etnik Cina DAP dan PKR yang bersekutu dengan WARISAN.
    [Show full text]
  • Agong Berangkat Ke Mesyuarat Majlis Raja-Raja Di Istana Negara Bernama 27 Februari 2014
    Agong Berangkat Ke Mesyuarat Majlis Raja-raja Di Istana Negara Bernama 27 Februari 2014 KUALA LUMPUR, 27 Feb (Bernama) -- Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah Khamis berangkat menghadiri Mesyuarat Majlis Raja-Raja kali ke-234 di Istana Negara. Keberangkatan tiba Seri Paduka diiringi Perdana Menteri Datuk Seri Najib Tun Razak. Mesyuarat itu dipengerusikan Yang Dipertuan Besar Negeri Sembilan Tuanku Muhriz Tuanku Munawir. Mesyuarat hari kedua itu dihadiri oleh semua Raja Melayu kecuali Pahang yang diwakili Tengku Mahkota Tengku Abdullah Sultan Ahmad Shah dan Perak oleh Pemangku Raja Perak Raja Dr Nazrin Shah Sultan Azlan Shah. Sultan Johor diwakili oleh Tengku Temenggong Johor Tunku Idris Sultan Ibrahim. Kesemua Yang Dipertua Negeri turut hadir. Dalam mesyuarat itu, Raja-Raja Melayu diiringi menteri besar masing-masing manakala Yang Dipertua Negeri Melaka Tun Mohd Khalil Yaakob, Yang Dipertua Negeri Pulau Pinang Tun Abdul Rahman Abbas dan Yang Dipertua Negeri Sabah Tun Juhar Mahiruddin diiringi ketua menteri masing-masing. Yang Dipertua Negeri Sarawak Tun Abang Muhammad Salahuddin Abang Barieng pula hadir diiringi Menteri Perancangan Sumber Dan Alam Sekitar Datuk Amar Awang Tengah Ali Hassan yang mewakili ketua menteri. Turut hadir Panglima Angkatan Tentera Jeneral Tan Sri Zulkifeli Mohd Zin dan Ketua Polis Negara Tan Sri Khalid Abu Bakar. Penyimpan Mohor Besar Raja-Raja Datuk Seri Syed Danial Syed Ahmad dalam satu kenyataan berkata ahli mesyuarat itu telah diberikan taklimat terkini mengenai pertahanan negara oleh Zulkifeli, isu keselamatan oleh Khalid dan taklimat mengenai Cukai Barang dan Perkhidmatan (GST) serta kos sara hidup oleh Ketua Setiausaha Perbendaharaan Tan Sri Dr Mohd Irwan Serigar Abdullah.
    [Show full text]
  • MID TERM EVALUATION Malaysian Building Integrated Photovoltaic Project (MBIPV) Government of Malaysia United Nations Developm
    MID TERM EVALUATION Malaysian Building Integrated Photovoltaic Project (MBIPV) Government of Malaysia United Nations Development Programme Global Environment Facility FINAL DRAFT VERSION November 2008 LIST OF ABBREVIATIONS ASEAN Association of South-East Asian Nations APR-PIRs annual project implementation reviews BIPV building integrated PV CETREE Centre for Education and Training in Renewable Energy and Energy Efficiency CO2 carbon dioxide DOS Department of Statistics EC Energy Commission (= ST) EE energy efficiency EPU Economic Planning Unit (of Prime Minister‟s Office) ESCO energy services company GCPV grid connected PV GEF Global Environmental Facility GHG greenhouse gas IEA International Energy Agency IEA-PVPS IEA Implementing Agreement on Photovoltaic Power Systems IEM Institution of Engineers of Malaysia IKRAM IKRAM Structure Assessment Sdn Bhd k kilo kW kilo Watt kWp kilo Watt peak KTAK Kementarian Tenaga, Air dan Komunikasi (= MEWC) MBIPV Malaysian Building Integrated Photovoltaic Project MEPA Malaysian Energy Professionals Association MEWC Ministry of Energy, Water and Communications (= KTAK) MPIA Malaysian Photovoltaic Industry Association MIDA Malaysian Industrial Development Agency NPD National Project Director NPL National Project Leader NSC National Steering Committee OPP3 Third Outline Perspective Plan (2001-2010) PRC Project Review Committee PTM Pusat Tenaga Malaysia (Malaysia Energy Centre PV Photovoltaic RM Malaysian Ringgit REEF Renewable Energy & Energy Conservation Fund SIRIM Standards and Industrial Research Institute
    [Show full text]
  • Sabah to Face Snap Elections
    SABAH TO FACE SNAP ELECTIONS Asrin Utong Programme Executive, IMAN Research The botched dissolution of the state legislative assembly led by Parti Warisan Sabah is by now inevitable. Following the press conference on 30th July, Shafie Apdal, the Chief Minister of Sabah, who is also the President of Warisan, announced that the dissolution of state legislative assembly has been granted by Tuan Yang Terutama (TYT) Tun Juhar Mahiruddin, the state Governor.1 The Election Commission (EC) in its statement to the media also acknowledged receiving official announcement from Sabah State Legislative Assembly. According to the EC, elections shall be held within 60 days from the date of the dissolution.2 The dissolution of the state assembly was a tit-for-tat move by Shafie Apdal, following a declaration by Musa Aman that he has the number to form a government. According to the latter, 33 state assemblymen from 60 state constituencies in Sabah are with him.3 The post-14th General Election saw Barisan Nasional and Parti Warisan Sabah (Pakatan Harapan’s coalition) each obtained 29 of the State Legislative Assembly seats, while the other two seats were won by Parti Solidariti Rakyat Sabah (STAR) which sided with BN Sabah spearheaded by Musa Aman, with 31 seats. The United Pasokmomogun Kadazandusun Murut Organization which is now called the United Progressive Kinabalu Organisation (UPKO) after rebranding itself recently, has decided to leave the Barisan Nasional pact. Despite that decision, four UPKO assemblymen still showing their support for Musa Aman as the Chief Minister. A day after the General Election concluded, six Barisan Nasional assemblymen quit the party and joined Warisan and supported Shafie Apdal as the Chief Minister on 12th May 2018.
    [Show full text]
  • Sabah Wetlands Newsletter
    SABAH WETLANDS NEWSLETTER MAY,JUNE & JULY 2014 Sabah Wetlands Conservation WORLD ENVIRONMENT DAY 2014 Society (SWCS) / On the 7th of June 2014. we joined forces with key organizer, Talisman Energy , to celebrate Pertubuhan World Environment Day through a day-long activity for Universiti Malaysia Sabah students from the Engineering School. The ceremony, held at Shangri-La Rasa Ria Resort, Tuaran was Pemuliharaan officiated by Datuk Pang Yuk Ming, representing YB Datuk Seri Panglima Masidi Manjun, Tanah Lembap Minister of Tourism, Culture and Environment. Sabah was SWCS led the afternoon portion of the celebration, leading the UMS students and invited guests to our planting site in Sulaman Lake Forest Reserve. Through the efforts of the students established on and sponsorship from Talisman, 180 mangrove seedlings were planted. 22 August 2005 OBJECTIVES To promote the conservation of wetlands in Sabah and the variety of Invited guests (above) and students from plants, birds and the local university (below) plant their other kinds of seedlings. organisms found in them. To raise public awareness and appreciation of wetlands and public involvement in protecting wetlands. To manage Kota VISIT TO THE TYT Kinabalu Wetlands Our committee, led by President Datuk Haji (KKW) as a model Zainie Abdul Aucasa, paid a courtesy call to wetlands centre for our Tuan Yang Terutama Di Pertua Negeri the purpose of Sabah, on 27th May 2014 to highlight our conservation, ed- work in wetlands conservation in Sabah. Datuk ucation, recre- Zainie invited the TYT to our fundraising ation, tourism and events being planned in September, comprising a fundraising dinner, golf tournament, and research.
    [Show full text]
  • Agong Bertitah Jika Pendekatan Wasatiyyah Dihayati Perpaduan Dapat Dicapai Bernama 24 Januari, 2013
    Agong Bertitah Jika Pendekatan Wasatiyyah Dihayati Perpaduan Dapat Dicapai Bernama 24 Januari, 2013 PUTRAJAYA, 24 Jan (Bernama) -- Yang di-Pertuan Agong Tuanku Abdul Halim Mu'adzam Shah bertitah sekiranya pendekatan wasatiyyah dapat dihayati, maka perpaduan boleh dicapai serta kecemerlangan akan menjadi kenyataan. Baginda juga percaya rakyat di negara ini amat memahami dan menyedari kepentingan perpaduan dalam sesebuah masyarakat dan negara. "Perpaduan, kestabilan dan kesejahteraan adalah amat penting untuk meneruskan agenda pembangunan, membina kekuatan dan mendaulatkan negara," titah baginda pada majlis sambutan Maulidur Rasul peringkat kebangsaan tahun 1434H di sini hari ini. Turut berangkat hadir pada majlis itu Raja Permaisuri Agong Tuanku Hajah Haminah. Sambutan bertemakan 'Wasatiyyah Tonggak Kesatuan Ummah' itu juga turut dihadiri Timbalan Perdana Menteri Tan Sri Muhyiddin Yassin, Menteri di Jabatan Perdana Menteri Datuk Seri Jamil Khir Baharom dan bekas Perdana Menteri Tun Abdullah Ahmad Badawi. Seri Paduka baginda turut menyeru rakyat agar bersama-sama mengekal dan memperkukuhkan perpaduan untuk membina kekuatan bagi memajukan agama, bangsa dan negara. "Marilah kita sama-sama menjayakan setiap usaha pembaharuan dan perubahan dengan menggunakan acuan Islam sebagaimana yang diajar Nabi Muhammad S.A.W iaitu dengan penuh kesederhanaan dan berimbang," titah baginda. Baginda bertitah sirah Rasulullah juga menunjukkan bahawa kepelbagaian dalam masyarakat sama ada dari segi keturunan, pegangan agama, budaya dan bahasa, bukanlah satu masalah
    [Show full text]
  • 2013 Annual Report a Trusted Partner
    2013 annual report A Trusted Partner For over forty (40) years, the MNRB Group has made its mark as the National Reinsurer and has continued to evolve into being a trusted partner to financial industries. Over these years, the group has grown and today encompasses the reinsurance, takaful and retakaful businesses. We have also moved beyond Malaysian shores to other parts of Asia as well as the Middle East and Africa and are set to further extend our international footprint as a leading risk solutions provider. As we venture forth, we will continue to leverage on our robust financial standing, astute business strategies and strong partnerships to leave an imprint and create a sustainable future for the Group and its stakeholders. Contents MNRB HOLDINGS BERHAD MALAYSIAN REINSURANCE MNRB RETAKAFUL BERHAD BERHAD 004 Corporate Profile 100 Corporate Profile 005 Corporate Milestones 070 Corporate Profile 101 Corporate Information th 010 Notice of 40 071 Corporate Information 102 Directors’ Profile Annual General Meeting 072 Directors’ Profile 105 Shariah Committee 012 Statement Accompanying 076 Senior Management Team Members’ Profile Notice of Annual General Meeting 078 Senior Management Team’s Profile 108 President & 013 Corporate Information 079 Corporate Activities and Services Chief Executive Officer's Profile 014 Board of Directors 081 Malaysian Re’s Portfolio of Business 109 MRT’s Portfolio of Business 016 Directors’ Profile 020 Senior Management Team MALAYSIAN RE (DUBAI) LTD. 022 Senior Management Team’s Profile TAKAFUL IKHLAS SDN. BHD. 025 Group Structure 112 Corporate Profile 026 Chairman’s Statement 084 Corporate Profile 113 Corporate Information 036 Corporate Social Responsibility 085 Corporate Information 114 Directors’ Profile 046 Statement on 086 Directors’ Profile 115 Senior Executive Officer's Profile Corporate Governance 090 Shariah Committee 058 Audit Committee Report Members’ Profile 060 Statement on Risk Management 092 Senior Management Team MMIP SERVICES SDN.
    [Show full text]
  • MNRB 2011 AR :Layout 1
    REACHING NEW HEIGHTS MNRB HOLDINGS BERHAD annual report 2011 (13487-A) Reaching New Heights MNRB Holdings Berhad (MNRB) today benefit its clients. Vast experience and represents a solid combination of various strong leadership form a unified Group that subsidiaries with diverse strengths to will continuosly soar to a greater height. contents MNRB HOLDINGS BERHAD MALAYSIAN REINSURANCE MALAYSIAN RE (DUBAI) LTD. BERHAD 4 Corporate Profile 98 Corporate Profile 5 Corporate Milestones 58 Corporate Profile 99 Corporate Information 7 Notice of 38th Annual General 59 Corporate Information 100 Directors’ Profile Meeting 60 Directors’ Profile 101 Senior Management Team’s Profile 10 Statement Accompanying Notice 63 Management Team of Annual General Meeting 64 Senior Management Team’s Profile MMIP SERVICES SDN.BHD. 11 Corporate Information 67 Corporate Activities and Services 12 Directors’ Profile 69 Malaysian Re’s Portfolio of Business 102 Corporate Profile 15 Management Team 103 Corporate Information 16 Senior Management Team’s Profile TAKAFUL IKHLAS SDN. BHD. 19 Group Structure 20 Chairman’s Statement 72 Corporate Profile 26 Corporate Social Responsibility 73 Corporate Information 34 Statement on Corporate 74 Directors’ Profile Governance 77 Shariah Committee Members’ 44 Audit Committee Report Profile 47 Statement on Internal Control 79 Management Team 49 Statement of Directors’ 80 Senior Management Team’s Profile Responsibility in Relation to the Financial Statements MNRB RETAKAFUL BERHAD 50 Statement on Risk Management 52 Five-Year Financial Highlights
    [Show full text]
  • As a Trusted Partner Standing Strong As a Trusted Partner
    ANNUAL REPORT 2015 STANDING STRONG AS A TRUSTED PARTNER STANDING STRONG AS A TRUSTED PARTNER Amidst the challenges of an evolving global insurance landscape, the MNRB Group continues to stand strong as a trusted partner to financial industries. Via the Group’s reinsurance, takaful and retakaful businesses in Malaysia, and abroad, we are steadfastly protecting client investments and enabling economic growth. Being a knowledge company and a thought leader, we have devoted substantial resources to understanding current and future risks by considering every number, statistic, segment and variable of every reinsurance, takaful and retakaful activity that we undertake. As we venture forth into a highly challenging market environment, we will continue to leverage on astute business strategies and enduring partnerships to deliver a robust performance. By balancing out our good economic performance with responsible corporate practices, we are confident of delivering resilient and sustainable growth. 066 INSIDE 66 MALAYSIAN REINSURANCE BERHAD 67 Corporate Profile 002 68 Corporate Information THIS 2 MNRB HOLDINGS 69 Directors’ Profile ANNUAL REPORT BERHAD 74 Senior Management Team 3 Corporate Profile 75 Senior Management Team’s Profile 4 Corporate Milestones 77 Corporate Activities and Services 5 Notice of 42nd Annual General Meeting 79 Malaysian Re’s Portfolio of Business 8 Statement Accompanying Notice of Annual General Meeting 9 Corporate Information 10 Group Structure FOR MORE INFORMATION 11 Chairman’s Statement Please scan the QR Code to 19
    [Show full text]
  • Selangor Kaji Letak Meja Luar Restoran
    Headline Selangor kaji letak meja luar restoran MediaTitle Berita Harian Date 21 Nov 2018 Color Full Color Section Nasional Circulation 69,985 Page No 41 Readership 209,955 Language Malay ArticleSize 444 cm² Journalist Hasbi Sidek AdValue RM 15,246 Frequency Daily PR Value RM 45,738 SUSULAN PELANGGAN MAUT DIREMPUH KENDERAAN Selangor kaji letak meja luar restoran [FOTO BERNAMA] MPSJ akan dirujuk mengenai permit guna kawasan parkir untuk letak barang dagangan Oleh Hasbi Sidek [email protected] Kerajaan negeri akan SubangJaya menyemak semula erajaan negeri akan me- dasar sedia ada” nyemak semula dasar ber- Khubung kebenaran mele- Amirudin Shari, Ketua Polis Serdang,Asisten Komisioner Ismadi Borhan mendengar penjelasan saksi mengenai tak meja makan di luar restoran, rempuhan kenderaan yang meragut satu nyawa di Taman Equine, malam Ahad lalu. Menteri Besar Selangor terutama di kawasan parkir,su- sulan insiden pelanggan maut di- saha kedai makan untuk meng- ada,”katanya ketikadihubungi, se- percayaiberada bawahpengaruh “Bagaimanapun, pihak kami ju- rempuh kenderaan dekat Seri gunakan kawasan parkir yang se- malam. alkohol ketikakejadian, malah ti- ga akan meminta MPSJ menyiasat Kembangan, malam Ahad lalu. lamatdalam tempoh ditetapkan, Dalam kejadian kira-kirajam 8 dak memilikilesen memandu. perkaraini sama ada restoran ber- Menteri Besar Selangor,Amiru- kebiasaannya selepas waktu kerja. malam Ahad lalu, seorang maut, Mengulas lanjut, Amirudin ber- kenaan melanggar sebarang syarat din Shari, berkata pihaknya akan “Bagaimanapun, dalam kejadi- manakala empat lagi cederaapa- kata, pihaknya turutbersimpati kebenaran. merujuk kembali pihak Majlis Per- an yang menyebabkan seorang bila sebuah kenderaan pacuan em- dengan kemalangan menimpa “Kami tidak akan teragak-agak bandaran Subang Jaya(MPSJ) me- wanita maut itu, saya khuatirsa- pat roda Toyota Hilux terbabas dan mangsa dan mengucapkan takziah menarik balik permit itu jikame- ngenai permit menggunakan ka- ma ada pengusaha restoran ter- merempuh sebuah restoran di Ja- kepada ahli keluarga mendiang.
    [Show full text]
  • UMS Bertuah Miliki Naib Canselor Belwawasan Ko Ited
    UMS bertuah miliki Naib canselor belWawasanJ ko ited Btt ~~ . " ... ':l...b\3 Li Kota Kinabalu: Rakyat Sabah perubahan dibawa empat bertuah kerana memiliki se­ Naib Canselor VMS sehingga buah universiti yang diterajui kini berjaya melonjakkan uni­ Naib Can selor berwawasan versiti itu antara institusi pe­ dan komited untuk mening­ ngajian tinggi terunggul di ne­ katkan kualiti p endidikan gara ini. tinggi rakyat, khususnya di ne­ "Kita bertuah. memiliki geri ini. VMS yang diterajui Naib Can­ Abdul Hamid (kanan) bersama penerima anugerah Profesor Bekas Pengerusi Lembaga selor yang baik bermula da­ Emeritus UMS1 Naib Canselor Universiti Tun Hussein Onn Pengarab VMS, Tan Sri Abdul ripada Naib Canselor yang per­ Malaysia (UTHM) yang juga bekas Naib Canselor UMS, ProfDatuk Hamid Egoh, berkata Vniver­ tama hinggalah yang seka­ Dr Mohd Noh Dalimin pada Majlis Konvokesyen UMS Ke-15. siti Malaysia Sabah (UMS) me­ rang. rniliki kepernimpinan mem­ VMS, Tun Juhar Mahiruddin. di Kampung Tetabuan, San­ banggakan sej ak daripada Bawa perubahan Turut hadir, Pro Canselor dakan, pernah berkhidmat se­ Naib Canselor pertama yang "Mereka membawa peruba­ VMS, Tan Sri Dr Yeoh Tiong bagai kerani Pejabat Residen diterajui Prof Emeritus Tan Sri han menjadikan VMS bertam­ Lay; Pengerusi Lembaga Pe­ Tawau pada zaman kolonial, Dr Abu Hassan Othman. bah baik dari setahun ke se­ ngarah VMS, Tun Zaki Azmi Setiausaha Peribadi Yang di­ Beliau menerima Ijazah Ke­ tahun," katanya selepas me­ dan Naib Canselor VMS, Prof Pertua Negeri Sabah, Pemban­ hormat Doktor Falsafah (Pe­ nerima ijazah kehormat Datuk Dr Mohd Haru.n Abdul­ tu Setiausaha Pertahanan dan ngurusan) pada Majlis Konvo­ daripada Yang di-Pertua Ne­ lah.
    [Show full text]