KUALA LUMPUR: Malaysian Life Reinsurance Group Bhd (MLRe) has launched its retakaful business after securing the licence from the Finance Ministry, signifying its strategic expansion into the family retakaful sector.
It said the new retakaful business would allow the group to offer family retakaful services, an essential component of the Islamic financial ecosystem, mirroring the company’s successful trajectory in conventional life reinsurance.
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