Saudi Re reports SAR 140 million in profit with 48% increase in revenue during 2025.
Saudi Reinsurance Company “Saudi Re” announced its financial results for the year ending on 31/12/2025, reporting a 48% increase in revenue to SAR 1.67 billion, compared to the same period of the previous year. This growth was supported by expansion across multiple business lines both domestically and internationally. The Company recorded net profit after Zakat […]
“Saudi Re” launches its new branch in the GIFT City in India to strengthen its presence in the Asian market
Saudi Reinsurance Company “Sudi Re” launches its new branch in Gujarat International Finance Tec-City (GIFT City) in the Republic of India. This initiative aligns with the Company’s expansion strategy and supports geographic risk diversification, reinforcing portfolio balance, sustainability and resilience of its technical performance. On this occasion, the Company held a launch event in Mumbai, India, […]
Saudi Re Delivers Strong Financial Performance in H1 2025 with 53% Revenue Growth and 17% Increase in Profits
Saudi Reinsurance Company “Saudi Re” announced its financial results for the second quarter of 2025, reporting a net profit after Zakat of SAR 52.6 million, compared to SAR 43.5 million in the same period last year- an increase representing 21%. This growth was supported by revenue growth and solid investment portfolio performance. Accordingly, Saudi […]
Saudi Reinsurance Company invites its shareholders to attend the Ordinary General Assembly Meeting (First meeting) via means of modern technology
English Introduction The Board of Directors of Saudi Reinsurance Company “Saudi Re” is pleased to invite the honorable shareholders to participate and vote in the Ordinary General Assembly Meeting which will be held at 8 pm on Monday 12/05/2025G corresponding to 14/11/1446H. through means of modern technology. City and Location of the General Assembly’s […]
Saudi Reinsurance Company “Saudi Re” announces the sale of its shareholding in Probitas for GBP 120 million, to focus on other growth opportunities
Saudi Re announces an agreement with UK-headquartered insurance company Aviva Insurance Limited or the sale of Saudi Re’s entire 49.9% stake in Probitas Holdings (Bermuda) Limited including its subsidiaries, for a consideration of GBP 120 million subject to final closing adjustments. Commenting on the transaction, Fahad Al-Hesni, Managing Director and CEO of Saudi Re, said […]
Saudi Re Announces the Assignment of Mr. Ahmed Al-Jabr as an Acting CEO
We are delighted to announce that Mr. Ahmed Al-Jabr has been appointed as the Acting CEO of “Saudi Re”. We would like to express our heartfelt gratitude to Mr. Fahad Al-Hesni, the former MD/CEO, for his tremendous contributions during his tenure with the company, and we wish him the best of luck in his future […]
Saudi Re Sponsors GAIF 2012
Saudi Re participates as Platinum Sponsor of the GAIF (General Arab Insurance Federation) 29th General Conference which will take place at Marrakech-Morocco, between 21st and 23rd May 2012. GAIF biennial general conference attracts the attention of the MENA insurance industry. The GAIF 2012 features leading speakers addressing a theme of “Insurance and the Arab World Reform”. […]
Saudi Re conducts a client seminar on “the reinsurance value proposition: actuarial modeling and capital management”
As part of its efforts to share best practice with its clients, Saudi Re has organized a seminar titled “the reinsurance value proposition: actuarial modeling and capital management”. The event, held in Riyadh on Oct 8th 2011, was attended by an audience of senior executives in the Saudi insurance industry. In his opening remarks, Mr. Fahad Al-Hesni, […]
Saudi Re conducts a training workshop on “Commercial Property Underwriting”
As part of its efforts to share best practice with its clients, Saudi Re has organized a training workshop titled “Commercial Property Underwriting” The event, held in Riyadh on Jun 19th & 20th 2012, was attended by an audience of insurance professionals representing 20 companies in the Saudi insurance industry. The training workshop focused on the technical aspects […]
Saudi Re conducts a Seminar titled: “Saudi P&C Market: Trends & Developments”
Saudi Re organizes a seminar to its clients titled: “Saudi P&C Market: Trends & Developments” on Oct 10th 2012 in Riyadh. The seminar provides the industry professionals with an update of the key trends of the insurance and reinsurance market in Saudi Arabia, and discusses the design of optimal reinsurance coverage. The key topics include: trend analysis of […]