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2015-12-11T00:00:00.000Z

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Wrong Tobias Frenz?

Mr. Tobias Frenz

General Manager - Life Reinurance and Retakaful

Munich Re

Direct Phone: +60 *********       

Munich Re

Königinstrasse 107

Munich, Bavaria 80802

Germany

Company Description

Munich Re stands for exceptional solution-based expertise, consistent risk management, financial stability and client proximity. Munich Re creates value for clients, shareholders and staff alike. In the financial year 2010, the Group - which pursues an in... more

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Background Information

Employment History

Managing Director
Retakaful & GCC

Web References (24 Total References)


Presentation: Retakaful - Asian Practices ...

redmoneyevents.com [cached]

Presentation: Retakaful - Asian Practices Compared to the Gulf by Tobias Frenz, Chief Executive Officer, Munich Re Retakaful


Presentation: Retakaful - Asian Practices ...

redmoneyevents.com [cached]

Presentation: Retakaful - Asian Practices Compared to the Gulf by Tobias Frenz, Chief Executive Officer, Munich Re Retakaful


Mr Tobias Frenz was taking ...

reinsurancemagazine.com [cached]

Mr Tobias Frenz was taking part in a panel discussion with with Takaful Re Limited's Assistant Director - Family and Medical Retakaful Mr Tamer Saher. The focus of the session was to address three points; what role does the Retakaful industry play in the development of Takaful, what were the key trends and progress in the international Retakaful market, and how has the Retakaful market progressed in Malaysia.

One of the major points, as addressed by Prof Alhabshi in his opening keynote plenary, was brought up by Mr. Frenz.
...
In his remarks, Mr. Frenz highlighted the importance of the ReTakaful industry's development to further the Takaful industry. He cited the Malaysian Economic Transformation Programme (ETP), which clearly states the need for in tandem development of both the Takaful and ReTakaful industries, a point he insists was misquoted in the general press release.
Also mentioned in the ETP, Mr. Frenz states, is the necessity to strengthen general (non-life) ReTakaful capacity since Family ReTakaful has much capacity available, supplied by big giants such as Munich Re, Swiss Re and such.
...
In commenting on the challenges faced by the Takaful and ReTakaful market, Mr Frenz coined the term 'ReTakaful leakage'.
Held at the Istana Hotel on 23 and 24 June 2011, the World Takaful Conference: Family Takaful Summit for 2011 grouped together the major industrial players with the lure that the Islamic financial sector is gaining momentum. In the opening statements by Azleena Idris of the Malaysian central bank, Bank Negara Malaysia, she highlighted the need for cohesive efforts throughout the Islamic finance industry in order to achieve greater potential:
...
Speaking for the session were Munich Re Retakaful Chief Executive Officer, Mr Tobias Frenz and Takaful Re Limited's Assistant Director - Family and Medical Retakaful Mr Tamer Saher. The focus of the session was to address three points; what role does the Retakaful industry play in the development of Takaful, what were the key trends and progress in the international Retakaful market, and how has the Retakaful market progressed in Malaysia.
One of the major points, as addressed by Prof Alhabshi in his opening keynote plenary, was brought up by Mr. Frenz.
...
In his remarks, Mr. Frenz highlighted the importance of the ReTakaful industry's development to further the Takaful industry. He cited the Malaysian Economic Transformation Programme (ETP), which clearly states the need for in tandem development of both the Takaful and ReTakaful industries, a point he insists was misquoted in the general press release.
Also mentioned in the ETP, Mr. Frenz states, is the necessity to strengthen general (non-life) ReTakaful capacity since Family ReTakaful has much capacity available, supplied by big giants such as Munich Re, Swiss Re and such.
...
In commenting on the challenges faced by the Takaful and ReTakaful market, Mr Frenz coined the term 'ReTakaful leakage'.
...
However, with all these issues highlighted, Mr Frenz was still adamant that the outlook for growth in the ReTakaful market was better off in comparison to that of their conventional counterpart.


Asia Insurance Review

www.asiainsurancereview.com [cached]

Mr Tobias Frenz, Deputy General Manager Life Reinsurance at Munich Re Singapore (Southeast Asia & Taiwan) who will be taking over the role of Managing Director, Family Retakaful at the new retakaful brach in Kuala Lumpur, shares with our Journalist Ms Shakun Ashoka Raj plans for the region.


Asia Insurance Review

www.asiainsurancereview.com [cached]

Mr Tobias Frenz, Deputy General Manager Life Reinsurance at Munich Re Singapore (Southeast Asia & Taiwan) who will be taking over the role of Managing Director, Family Retakaful at the new retakaful brach in Kuala Lumpur, shares with our Journalist Ms Shakun Ashoka Raj plans for the region.

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