MNRB's 2Q26 net profit rises to RM112.26mil on stronger takaful revenue


KUALA LUMPUR: MNRB Holdings Bhd’s net profit rose to RM112.26 million in the second quarter of the financial year 2026 (2Q FY2026) ended Sept 30, 2025, from RM92.74 million in the same period last year.

Revenue for the quarter under review jumped 5.5 per cent to RM927.57 million from RM878.81 million previously, primarily driven by stronger performances across the general takaful, retakaful, and family takaful segments, particularly within the motor class and family retakaful portfolios.

"The total revenue improvement was further supported by higher net investment income, reflecting the recovery of the Malaysian capital markets during the quarter,” it said in a Bursa Malaysia filing today.

The group also said the improved profitability was underpinned by higher insurance/takaful revenue, stronger investment returns, and lower unrealised foreign exchange losses on foreign assets, alongside favourable fair value gains across both equity and bond portfolios.

For the first half of the financial year 2026 (1H FY2026), the group’s total revenue rose by 9.5 per cent to RM1.90 billion from RM1.74 billion in the corresponding period last year.

"The growth was primarily driven by stronger performances across the general takaful, retakaful, and family takaful segments, as a reflection of the group’s continued business expansion and solid market position,” said MNRB.

In a separate statement, MNRB interim president and chief executive officer Datuk Rudy Rodzila Che Lamin said the positive results reflect the strength of the group’s strategic execution and resilience of its business model.

He said the double-digit growth across key metrics demonstrates the effectiveness of the group’s diversified portfolio, selective underwriting and disciplined capital management.

"We continued to advance our digital transformation and sustainability agendas, reaffirming our commitment to innovation, efficiency, customer-centricity and long-term value creation.

"The increased subscription to our self-service online platform demonstrates stronger customer engagement and growing confidence in the group’s digital capabilities,” he said.

On prospects, MNRB said the group remains focused on executing its strategic priorities to drive sustainable growth and profitability while maintaining a strong capital position.

"MNRB will continue to uphold underwriting discipline, enhance operational efficiency, maintain a balanced business portfolio and strengthen risk management to capture opportunities across its business segments.

"With these priorities in place, the group is well-positioned to navigate market challenges and deliver long-term value to its shareholders and stakeholders,” it added. - Bernama 

 

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