Takaful Malaysia said the performance demonstrated the strength of its diversified portfolio and its ability to tap growth opportunities across different customer segments and protection needs.
SYARIKAT Takaful Malaysia Keluarga Bhd’s profit before zakat and tax (PBZT) rose 6% to RM305.6 million for the cumulative second quarter ended June 30, 2026, from RM287 million a year earlier.
The group said its takaful revenue also increased 7% to RM2 billion from RM1.8 billion previously, driven by continued growth in both its family and general takaful businesses.
Group chief executive officer Nor Azman Zainal said the results reflected the resilience of the group’s business model and its strategy of pursuing sustainable growth while maintaining disciplined risk management.
“Our Q2 FY2026 performance demonstrates the resilience of our business and the effectiveness of our strategy.
“We are encouraged that both our family takaful and general takaful businesses continued to deliver positive growth, contributing to stronger revenue and earnings for the Group,” he said.
The family takaful business recorded a 5.7% increase in takaful revenue to RM1.16 billion from RM1.09 billion a year earlier.
The group attributed the growth to higher contribution release and increased takaful coverage, reflecting continued demand for family protection products.
Meanwhile, general takaful revenue rose 16.1% to RM806.7 million from RM694.6 million, mainly supported by higher contributions from the motor segment.
Takaful Malaysia said the performance demonstrated the strength of its diversified portfolio and its ability to tap growth opportunities across different customer segments and protection needs.
For the second half of 2026, the group said it would focus on maintaining sustainable growth by leveraging resilient economic conditions, the country’s protection gap and growing awareness of the need for financial protection.
It also plans to expand its retail presence through bancatakaful partnerships, particularly through advisory and regular contribution products targeting underserved and underpenetrated market segments.
The group said its digital platform, Kaotim, would continue to play a role in improving customer access to takaful products through a more convenient and affordable digital channel.
Takaful Malaysia also intends to reduce its reliance on motor takaful by pursuing opportunities in commercial and retail general takaful, particularly asset protection.
The group said it would maintain a disciplined approach to underwriting, capital allocation and risk management while investing in its people, technology, products and distribution capabilities.
“The next phase of our growth will be about doing more than simply expanding our business. It will be about strengthening the quality of our growth, deepening our customer relationships and creating greater value across the takaful ecosystem,” Nor Azman said.
He added that digitalisation would remain an important enabler in making takaful more accessible and relevant to customers.
“With a diversified business model, strong fundamentals and a clear strategic direction, we are well-positioned to capture emerging opportunities while remaining disciplined in managing risks,” he said.
