Mandarin Re Wins “Underwriting Initiative of the Year – Malaysia” at the 2025 Insurance Asia Awards
ArticleMandarin Re has been awarded the Underwriting Initiative of the Year – Malaysia at the 2025 Insurance Asia Awards, held in Singapore on 8 July. The recognition marks a major milestone for the company, coinciding with its 10th anniversary and a decade of regional growth, innovation, and impact.
In awarding Mandarin Re, Insurance Asia cited the company’s “dynamic and innovative force in Asia’s reinsurance industry,” noting its standout performance over the past two years. In 2024 alone, Mandarin Re recorded 25% growth in gross written premiums, reaching US$42 million—driven by disciplined underwriting, organic expansion, and new market entries in Vietnam, Indonesia, and the Philippines. Mandarin Re also reported a 95% client retention rate, underscoring its strong underwriting discipline and trusted partnerships.
One of the key differentiators highlighted by the award panel was Mandarin Re’s strategic investment in risk management, capital adequacy, and regulatory compliance. The company’s formation of a dedicated regulatory affairs team enabled it to navigate Asia’s diverse regulatory environments with greater agility, while strengthening ties with local regulators and industry bodies.
“This award is a proud milestone for Mandarin Re,” said Redzal Mohamad, CEO of Mandarin Re. “It celebrates the strength of our underwriting, the trust of our clients, and the passion of our team across every market we serve. Over the past decade, we’ve worked hard to make underwriting faster, smarter, and more aligned with the real risks our partners face. To be recognised for that is incredibly meaningful. As we celebrate our 10th Anniversary, we’re more driven than ever to keep pushing boundaries—across Asia and beyond.”
Now in its 10th year, the Insurance Asia Awards honours companies, initiatives, and leaders that have achieved outstanding milestones, set new benchmarks, and transformed the insurance landscape through cutting-edge innovation.
For more information about Mandarin Re, please visit www.mandarinre.com or contact us via:
Email: info@mandarinre.com
Phone: +603 9213 1577
