Malaysia-based reinsurer Mandarin Re has increased its paid-up share capital from US$20 million to US$23.5 million, reflecting strong financial growth and strengthening its ability to support customers and partners in Asia, Latin America, Europe and Africa.
The capital increase further strengthens Mandarin Re’s underwriting capabilities, allowing the company to take on more complex risks while continuing to provide tailored solutions to clients around the world.
It also demonstrates confidence in the company’s strategic direction and its continued commitment to growth in key reinsurance markets.
The reinsurer said: “Mandarin Re has grown steadily over the past decade to become a globally recognized reinsurer, characterized by a focus on innovation, resilience and strong partnerships. The increase in paid-in capital demonstrates the company’s proactive approach to strengthening financial stability, supporting long-term expansion and maintaining high service standards for its international clients.
“This milestone solidifies Mandarin Re’s position as a trusted and forward-looking player in the global reinsurance industry, ready to meet evolving market challenges while delivering consistent value to partners.”
