Saudi Reinsurance Company (Saudi Re) was established as a
Saudi public shareholding company pursuant to Royal Decree
No. 83 dated 25/10/1428 H corresponding to 6/11/2007 and
obtained Commercial Registration No. 1010250125 dated
It is a company licensed under the number TMN/17/20087 and under the control and supervision of the Saudi Central Bank, and thus it has been established and publicized, as it is the first Saudi Reinsurance Company, with a capital of eight hundred and ninety-one million Saudi riyals (891,000,000) divided into 89.1 million shares.