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Wednesday, 23 April 2008
MNRB Retakaful to Breakeven in 3rd Year
MNRB Retakaful targets to breakeven in its 3rd year of operations. The company started operations in August 2007.Gross contributions for 1st financial year should come in at RM20 mil.
Going forward, overseas business is expected to contribute 70% of revenue. Countries targeted by MNRB are Kuwait, Saudi Arabia, Indonesia, Brunei, Sri Lanka and Pakistan.
MNRB will focus mainly on general retakaful business.
Source: Business Times
Labels: Business Targets, MNRB
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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