AM Best Affirms Credit Ratings of Malaysian Life Reinsurance Group Berhad
AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Malaysian Life Reinsurance Group Berhad (Malaysian Life Re) (Malaysia). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Malaysian Life Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. In addition, the ratings factor in a neutral holding company impact from Malaysian Life Re’s majority ownership by the Life Insurance Association of Malaysia (LIAM) via L.I.A.M. Holding Sdn. Bhd.
Malaysian Life Re’s balance sheet strength is underpinned by its risk-adjusted capitalisation, which was at the strongest level as of 31 December 2025, as measured by Best’s Capital Adequacy Ratio (BCAR). The company employs a prudent capital management approach that supports an appropriate regulatory solvency position, and prospective risk-adjusted capitalisation is expected to be maintained at the strongest level over the medium term. AM Best views Malaysian Life Re’s investment strategy as generally conservative, with investment assets allocated to cash, deposits and fixed-income securities that are mostly well-rated.
