Sri Han Suria Valuation, Funding & Investors

Sri Han Suria is valued at $2B as of January 2026.

Last Sri Han Suria valuation

$2B

Secondary · Jan 2026

Key investors in Sri Han Suria

Sri Han Suria Overview

About Sri Han Suria

Sri Han Suria Sdn Bhd is the holding company of Prudential Assurance Malaysia Berhad (PAMB), Prudential plc's conventional life insurance business in Malaysia. The group reported profit after taxation of about 1,135 million Malaysian ringgit and net asset value of 9,676 million ringgit for the year ended December 31, 2024.


HQ

MalaysiaMalaysia

Status

Privately held

Customer focus

B2C

Revenue model

Insurance Carriers

Valuation

$2B (Jan 2026)

Sri Han Suria Valuation

Sri Han Suria is currently valued at $2B, based on its secondary sale in January 2026.

The $377M round included Prudential.

Sri Han Suria valuation by funding round

Sri Han Suria valuation by funding round
DateStageValuation
Jan 2026Secondary$2B

Sri Han Suria Funding History

Sri Han Suria has 1 recorded secondary share sale and no primary funding rounds.

Sri Han Suria funding rounds

Sri Han Suria funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2026SecondaryPrudential$377M$2BSri Han Suria Sdn Bhd is the holding company of Prudential Assurance Malaysia Bhd (PAMB), Prudential's conventional life insurance business in Malaysia. Prudential plc completed the acquisition of an additional 19% stake in Sri Han Suria from Detik Ria Sdn Bhd for MYR1.52 billion (approximately USD380 million) on January 30, 2026, increasing its ownership from 51% to 70%, with Detik Ria retaining 30%. The deal was agreed around January 22, 2026, and approved by Bank Negara Malaysia. The transaction was valued at 7.0 times earnings and 0.8 times book value based on Sri Han Suria Group's audited financials for 2024, with profit after taxation of 1,135 million Malaysian ringgit (approximately $280 million) and net asset value of 9,676 million ringgit (approximately $2.4 billion) for the year ended December 31, 2024. Prudential agreed to cooperate with Detik Ria on potential future sales of its remaining 30% stake. The deal is accretive to Prudential's IFRS earnings per share, traditional embedded value, and shareholders' equity per share based on first-half 2025 results.

Who has invested in Sri Han Suria?

1 investor has backed Sri Han Suria across its funding rounds, including Prudential.


Sri Han Suria Investors

Investors in Sri Han Suria by funding rounds participated
InvestorHQRoundsRoleFirst check

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Sri Han Suria Competitors

Sri Han Suria competitors include listed companies like Mercantil Servicios Financieros and Horace Mann, and private ones like Lunar, Marshmallow, Odie Pet Insurance and Aditya Birla Housing Finance.

Public and private companies comparable to Sri Han Suria
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Mercantil Servicios FinancierosVenezuelaVenezuelaPublicly listed$91M-$2B-
LunarDenmarkAarhusPrivate--$2B-
MarshmallowUnited KingdomUnited KingdomPrivate$500M-$2B4.0x
Odie Pet InsuranceUnited StatesLos Angeles, CAPrivate--$2B-
Horace MannUnited StatesUnited StatesPublicly listed$1.6B$265M$1.9B2.8x
Aditya Birla Housing FinanceIndiaMumbaiPrivate--$2.1B-

Sri Han Suria Public Comps

Sri Han Suria is still privately-owned, but its public comps include Mercantil Servicios Financieros, Horace Mann, BaoViet, Kemper, Qatar Insurance Group, Wafa Assurance SA, Pacífico Seguros, Grupo Assa, Hagerty and Pelagos Insurance Capital.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Mercantil Servicios Financieros$91M-21.8x---
Horace Mann$1.6B$265M2.2x2.8x13.3x-
BaoViet$2.3B$215M0.8x1.1x8.9x-
Kemper$4.8B$274M0.6x0.6x10.3x-
Qatar Insurance Group$2.2B$268M0.6x0.4x4.7x-
Wafa Assurance SA$936M$154M1.9x0.8x11.3x-
Pacífico Seguros$955M$100M1.8x-17.6x-
Grupo Assa$533M$162M3.4x-11.2x-

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Common questions about Sri Han Suria

Where is Sri Han Suria headquartered?Sri Han Suria is headquartered in Malaysia.
Is Sri Han Suria publicly listed?No, Sri Han Suria is a private, VC-backed company.
What is Sri Han Suria's valuation?Sri Han Suria was last valued at $2B in its secondary sale in January 2026.
Who are Sri Han Suria's investors?Sri Han Suria's investors include Prudential.
Which companies are comparable to Sri Han Suria?Companies comparable to Sri Han Suria include Mercantil Servicios Financieros, Lunar, Marshmallow, Odie Pet Insurance, Horace Mann and Aditya Birla Housing Finance.

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