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Etiqa is composed of four main operating entities in Malaysia, namely, Etiqa General Insurance Berhad, Etiqa Life Insurance Berhad, Etiqa General Takaful Berhad, and Etiqa Family Takaful Berhad. [2] The company also has two smaller operating entities in Labuan , as well as several other operating entities in Singapore , Indonesia , the ...
The company is a provider of both family and general takaful. For six successive years since 2011, PruBSN has been the Number 1 Family Takaful Operator and in 2016, our company achieved New Business Production of RM446 million with a 32.5% market share as confirmed by the industry rating agency, Insurance Services Malaysia. [ 3 ]
Malaysian Reinsurance Berhad (known as Malaysian Re) is a Malaysian reinsurance company. It is Malaysia's largest reinsurer, commanding more than 60% of reinsurance accepted premium in the country. [3] In the ASEAN market, Malaysian Re is currently the region's largest national reinsurer by asset size. [4]
In 2023, the company entered the Malaysian life insurance market through an investment in Gibraltar BSN Life Berhad, which was renamed FWD Insurance Berhad. Alongside other investors, FWD Group acquired a stake from The Prudential Insurance Company of America, a wholly owned subsidiary of the US-based, NYSE-listed Prudential Financial, Inc. (PFI).
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The Tokio Marine and Fire Insurance Company; The Tokio Marine and Fire Insurance (M) Sdn Bhd; United Malayan Banking Corporation Insurance Berhad (UMBC Insurance) United Prime Insurance ( M ) Sdn Bhd; Wing on Fire & marine Insurance; Zurich Insurance (Malaysia) Berhad (More to come)
Takaful Malaysia was established on 29 November 1984 when the Government of Malaysia set up a task force to study the feasibility of establishing an Islamic insurance company in Malaysia. [2] The incorporation of Takaful Malaysia as the first takaful operator in the country was in the same year as the Takaful Act was enacted. [3]
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