Saudi Re announces signing off a memorandum of understanding with Probitas Holdings (Bermuda) Limited (PHBL) to purchase 49.9% of the shares of PHBL
Saudi Re, announces signing off a Memorandum of Understanding with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.9% of the ordinary shares of PHBL.
Saudi Re Rating (2)
Standard and Poor’s (S&P) affirmed the ratings on Saudi Re at “BBB+” global scale and “gcAA+” regional scale. The outlook remains stable and reflects S&P opinion that Saudi Re’s capital adequacy will not further reduce and will remain at an extremely strong level, supported by more profitable growth over the next two years.
Saudi Re Rating
Standard and Poor’s (S&P) affirmed the ratings on Saudi Re at “BBB+” global scale and “gcAA+” regional scale. The outlook remains stable and reflects S&P opinion that Saudi Re’s capital adequacy will not further reduce and will remain at an extremely strong level, supported by more profitable growth over the next two years.
Saudi Re conducts a seminar on “Saudi Property Insurance Market”
Saudi Reinsurance Company “Saudi Re’’ organized a seminar on “Saudi Property Insurance Market‘’ which was attended by a number of insurance professionals from insurance companies operating in Saudi Arabia.
SAUDI RE ANNONCE DE RECEVOIR LES APPROBATIONS OFFICIELLES POUR OUVRIR UNE RAMIFICATION À LABUAN, MALAISIE
Saudi Re announces the receipt of the of Labuan Financial Services Authority LFSA approval dated 16/10/2013 and the Saudi Arabian Monetary Agency approval number 341000093988, dated 9/6/2013 to open a branch in Labuan.
Saudi Re effectue un atelier sur “Underwriting Engineering”
Saudi Reinsurance Company “Saudi Re’’ has organized a workshop on ‘’Engineering Insurance Underwriting‘’ which was attended by a number of insurance professionals from insurance companies operating in Saudi Arabia. The workshop addressed the developments in the Saudi engineering market which premiums exceed 1 billion riyals. The workshop also covered the technical aspects of underwriting engineering insurance policies including Contractors’ All Risks (CAR), Erection All Risks (EAR) Advanced Loss of Profit (ALOP), Machinery Breakdown (MB), and Electronic Equipment (EEI).
Saudi Re conducts a workshop on “Engineering Underwriting”
Saudi Reinsurance Company “Saudi Re’’ has organized a workshop on ‘’Engineering Insurance Underwriting‘’ which was attended by a number of insurance professionals from insurance companies operating in Saudi Arabia. The workshop addressed the developments in the Saudi engineering market which premiums exceed 1 billion riyals. The workshop also covered the technical aspects of underwriting engineering insurance policies including Contractors’ All Risks (CAR), Erection All Risks (EAR) Advanced Loss of Profit (ALOP), Machinery Breakdown (MB), and Electronic Equipment (EEI).
Saudi Re a nommé Chief Business Development Officer
As part of Saudi Re efforts to further strengthen its human capabilities, we are pleased to announce the appointment of Mr. Tarik Aouad as Chief Business Development Officer.
Saudi Re has appointed Chief Business Development Officer
As part of Saudi Re efforts to further strengthen its human capabilities, we are pleased to announce the appointment of Mr. Tarik Aouad as Chief Business Development Officer.
Saudi Re Sponsors the 2013 AIO Conference
Saudi Re participates as a sponsor of the 40th African Insurance Organisation (AIO) Conference taking place in Cairo, Egypt from