Hannover Rueck SE, Malaysian Branch has maintained a representative presence in Kuala Lumpur since 1990 which was upgraded to a full Branch in 1995 with the Companies Commission of Malaysia as a foreign branch. Bank Negara licensed the branch to conduct non-life reinsurance activities from 01/01/1995 while life reinsurance activities were licensed from 01/01/2000.
Our team offers life and non-life treaty and facultative reinsurance. The territorial mandate of the Branch covers 18 countries in South and South East Asia which include Malaysia, Singapore, Thailand, Indonesia, Vietnam, Myanmar, Laos, Cambodia, Brunei, Philippines, Pakistan, India, Bhutan, Nepal, Bangladesh, Sri Lanka, Maldives and East Timor. There are currently 48 employees in the team.
The Business Departments comprise of:
- Treaty Property & Casualty Department
- Facultative Property & Casualty Department
- Life & Health Department
The Service Departments comprise of:
- Finance & Accounts and Claims Department
- Common Services IT Department
- Risk Management / Compliance Department