Kuala lumpur: MNRB Holdings Bhd's net profit surged to RM150.97 million in the third quarter ended December 31, 2025 (3Q FY2026), compared with RM115.86 million in the same period last year. The company experienced a rise in revenue to RM973.93 million from RM826.38 million previously, driven by enhanced contributions across all segments, including general takaful, reinsurance, retakaful, and family takaful, as stated in a filing with Bursa Malaysia.
According to BERNAMA News Agency, the reinsurance business recorded total revenue of RM505.4 million in 3Q FY2026, marking a 7.1% year-on-year increase. The retakaful business saw a significant 60.6% rise in revenue to RM44.0 million. The general takaful segment's revenue grew by 32.8% year-on-year to RM308.6 million, while family takaful revenue increased by 5.6% to RM129.3 million.
For the first nine months, MNRB's net profit reached RM431.66 million, up from RM300.80 million in the corresponding period of the previous year, with revenue climbing to RM2.88 billion from RM2.56 billion. MNRB expects the growth trajectory of Malaysia's reinsurance and retakaful industry to continue this year, supported by regulatory enhancements, increased demand for financial protection, and government initiatives under Budget 2026, which include affordable insurance products, healthcare reforms, and expanded financial inclusion efforts.
The group anticipates benefits from stable market conditions, favorable pricing, and rising awareness of climate-related risks in the reinsurance and retakaful segments. MNRB remains optimistic about its long-term prospects, leveraging strategic diversification and disciplined underwriting to enhance financial performance. The group emphasizes the importance of continued innovation and adaptability in navigating global pressures and capturing emerging opportunities, especially in overseas markets.
In a statement, MNRB interim president and group chief executive officer Datuk Rudy Rodzila Che Lamin highlighted the group's strong performance in 3Q FY2026 as a significant milestone, attributing it to disciplined underwriting, prudent risk selection, and consistent execution across core businesses. He noted the improvement in earnings quality and returns as a testament to the resilience of MNRB's operating model in a dynamic market environment and expressed hope for continued upward momentum in the organization's values.
Rudy Rodzila emphasized the group's focus on sustaining growth through disciplined underwriting, portfolio optimization, and active capital management, while expanding scales and deepening relevance across the reinsurance, retakaful, and takaful segments.