ACR Targets Malaysia, Indonesia and Brunei

ACR ReTakaful SEA will focus on Malaysia and Indonesia markets which have potential growth rate of 20% or more and 30% or more respectively.

Brunei is another market that ACR ReTakaful SEA willl target.

Year to date, ACR ReTakaful SEA has collected RM20 mil in contributions, this compares with 18-month target of US$40 mil to US$60 mil.

During the initial period, ACR ReTakaful SEA can also accept halal risk from conventional insurers.

Source: Business Times