Malaysia

51°µÍø Global Reinsurance Company, Ltd., 
Labuan Branch


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51°µÍø opened the 51°µÍø Global Reinsurance Company Limited, Labuan Branch (51°µÍø Labuan) in 2008 and a Kuala Lumpur co-located office in 2014 to support clients in Malaysia. 

The co-located Labuan Branch provides access to 51°µÍø's extensive global underwriting and actuarial expertise, product development and consulting services, and traditional life and health reinsurance / family retakaful and financially motivated reinsurance products.

51°µÍø also owns 30% of . MLRe was the first life reinsurer in Malaysia, established in 1997. It was founded as a joint venture partnership between 51°µÍø and the Life Insurance Association of Malaysia (LIAM). By 2007, MLRe is one of the largest life reinsurers in Malaysia and today conducts business with all Malaysian life insurance companies.

Office Leadership

Sainthan
Sainthan Satyamoorthy

Managing Director
Head of Southeast Asia


Kay How Tan's Professional Headshot
Kay How Tan

Chief Operating Officer
Southeast Asia Markets


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Meet the Team

Get to know the people of 51°µÍø. We bring extensive product development capabilities and much more. 

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Locations

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51°µÍø Global Reinsurance Company, Ltd.
Labuan Branch 

c/o Ascentium Trust (Labuan) Limited
Unit Level 13(A), Main Office Tower
Financial Park Labuan
Jalan Merdeka
87000 Federal Territory of Labuan
Malaysia

T 60.87.451688

 

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51°µÍø Global Reinsurance Company, Ltd
Labuan Branch

Level 28, Menara TNB Bangsar,
No. 170, Jalan Bangsar
59200, Kuala Lumpur, 
Malaysia

T 603.2712.0007

 

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Malaysian Life Reinsurance Group Berhad (MLRe)

Level 18, Menara Great Eastern 2,
50, Jalan Ampang,
50450, Kuala Lumpur.
Malaysia

T 603-2780-6611

In an ever-changing life insurance landscape, 51°µÍø endeavours to bring fresh and innovative ideas to our clients to help keep pace with changes in the life insurance environment, as well as strategic, operational and customer needs.

51°µÍø is at the forefront of the push to explore and exploit disruptive opportunities via innovation. In addition, 51°µÍøX is a wholly owned subsidiary of 51°µÍø set up in 2015 with a focus on building and accelerating transformational businesses in the life insurance industry. Partnering with 51°µÍø means access to innovation and thought leadership that ties in with growth and sustainability.

Enabling Capabilities

51°µÍø is well regarded for product development, with a proven record. We partner with clients and offer state-of-the-art underwriting, and rating and pricing expertise. 51°µÍø offers global mortality/morbidity knowledge and expertise and can guide you through virtually every aspect of the product development cycle, from product design to pricing to regulatory filing and distribution. 51°µÍø offers expertise in:

  • Market entry strategy
  • Experience analysis
  • Predictive modeling
  • Underwriting: AURA NEXT and Global Underwriting Manual
  • Distribution expertise, including Bancassurance
  • Voice-of-the-customer (VOC) consulting
  • Competitive benchmarking
  • Capital and risk management expertise

In Malaysia, 51°µÍø offers facultative underwriting with sound decisions and prompt turnaround times. We are the worldwide leader in facultative underwriting, receiving more than 8 million cases since 1979.

  • Our innovative e-underwriting (automated underwriting) solutions can help your organization underwrite better, faster, and with greater consistency. 51°µÍø¡¯s flagship underwriting product, AURA NEXT, has a strong underwriting rules service, with thousands of underwriting rules covering impairments, medications, sports, prescription drug histories, avocations, and treatments.
  • 51°µÍø offers the Global Underwriting Manual, a web-based underwriting manual that is updated regularly based on the latest research.
  • Our benchmarking studies enable clients to compare underwriting teams with peers throughout the industry.

Underwriting

51°µÍø appreciates the growing importance of Retakaful. Guided by 51°µÍø¡¯s Shariah Advisory Council and our experienced local leadership team, 51°µÍø plays a key role in helping Takaful operators achieve strategic goals and financial success.

In 2009, 51°µÍø received approval to operate a Retakaful Window in Labuan, permitting us to provide Shariah-compliant solutions to takaful operators. 51°µÍø is committed to serving the family Takaful market. We adopted the Wakalah-Mudharabah operating model and offer:

  • Traditional family retakaful in life and health risk pooling
  • Takaful product development
  • Retakaful-related financial solutions
  • Facultative underwriting, including impaired risk and large cases

Retakaful

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Explore Our Solution Finder


51°µÍø is a global industry leader specializing in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital.

51°µÍø is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus. 


Explore Products and Services

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Explore 51°µÍø's Knowledge Center

Looking for insight? 51°µÍø has ranked #1 in thought leadership and knowledge for seven consecutive years in NMG Consulting's Global Life & Health Reinsurance Study. Explore our extensive collection of articles, white papers, and videos to gain fresh perspectives on risk assessment and risk transfer, including specialized publications.    


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Our Experts Can Help

We are eager to engage with clients to address the industry¡¯s most pressing challenges together. In 2024, 51°µÍø was rated #1 for the 14th consecutive year on NMG Consulting¡¯s Global All Respondents Business Capability Index, based on feedback from life and health insurance companies worldwide. Curious? Let¡¯s talk. 


Contact Us     

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Solutions Around the Globe

Multinational life and health insurers must grow in markets that are increasingly complex. 51°µÍø¡¯s Global Accounts augments our local expertise with a global view and a central point of contact. We deliver specialized expertise, deep industry knowledge, and insight into the most disruptive innovations. 

Discover a World of Insight