Saudi Reinsurance Company “Saudi Re” Announces Calling Candidature for Board Members Elections for the upcoming term
Saudi Reinsurance Company (Saudi Re) announces to its shareholders the opening of the nomination for membership of the Board of Directors of the company for the next three-year period beginning on 21/10/1444 H corresponding to 11/05/2023 and ending on 23/11/1447 H corresponding to 10/05/2026. for those who have the conditions and qualifications of membership system […]
S&P Assigns A- Rating to Saudi Re with a Stable Outlook
Saudi Reinsurance Company “Saudi Re” announced obtaining ‘A-‘ long-term issuer credit and insurer financial strength rating and ‘gcAAA’ regional scale rating from S&P Global Ratings, with a stable outlook. S&P highlighted that Saudi Re has continued to strengthen its competitive position via profitable business growth and diversification in recent years, thanks to local and […]
Moody’s Affirms Saudi Re’s IFSR at A3 with Stable Outlook
Saudi Reinsurance Company (Saudi Re) announced that Moody’s Investors Service, a global credit rating agency, has affirmed its A3 Insurance Financial Strength Rating (IFSR) and A1.sa national scale IFSR with a Stable Outlook. In a statement to the Saudi Exchange (Tadawul), Saudi Re said that the ratings confirm its strong brand and market position in […]
Moody’s Affirms Saudi Re’s IFSR at A3 with Stable Outlook
Saudi Reinsurance Company (Saudi Re) announced that Moody’s Investors Service, a global credit rating agency, has affirmed its A3 Insurance Financial Strength Rating (IFSR) and A1.sa national scale IFSR with a Stable Outlook. In a statement to the Saudi Exchange (Tadawul), Saudi Re said that the ratings confirm its strong brand and market position in […]
Saudi Re Receives SAMA Approval to Increase Capital to SR 1,336.5 Million
Saudi Re announces receiving Saudi Central Bank approval on 24/10/1443H corresponding to 25/05/2022 to increase the company’s capital from 891 Million SAR to 1,336.5 Million SAR by Offering Rights Issue, provided that the company fulfills all the requirements of other official authorities. Note that the approval is valid for one year from its date to […]
Saudi Re Receives SAMA Approval to Increase Capital to SR 1,336.5 Million
Saudi Re announces receiving Saudi Central Bank approval on 24/10/1443H corresponding to 25/05/2022 to increase the company’s capital from 891 Million SAR to 1,336.5 Million SAR by Offering Rights Issue, provided that the company fulfills all the requirements of other official authorities. Note that the approval is valid for one year from its date to […]
Saudi Reinsurance Company “Saudi Re” announces the start date of the electronic voting on the items of the General Assembly Meeting
The Board of Directors of the Saudi Reinsurance Company “Saudi Re” is pleased to announce to its shareholders the start date of the electronic voting on the items of the Ordinary General Assembly meeting which will be held at 19:00 on Wednesday 10/10/1443H corresponding to 11/05/2022 In the interest of the safety of dealers in […]
Saudi Reinsurance Company “Saudi Re” invites its shareholders to attend the General Assembly Meeting (First Meeting) by means of modern technology
The Board of Directors of the Saudi Reinsurance Company “Saudi Re” is pleased to invite the honorable shareholders to attend the General Assembly meeting which will be held virtually through the modern technology means via (www.tadawulaty.com.sa) scheduled 19:00 on Wednesday 10/10/1443H corresponding to 11/05/2022, City and Location of the General Assembly’s Meeting: Kingdom of Saudi […]
Saudi Re announces board Recommendation to increase capital by offering rights issue
Saudi Reinsurance Company (Saudi Re), listed on the Saudi Exchange (Tadawul), announced on April 6, 2022 that the board of directors recommended increasing the company’s capital by 50% through a rights issue. The SR 445.5 million rights issue will increase the capital from SR 891 million to SR 1.336 billion. Accordingly, the number of shares […]
Saudi Reinsurance Company “Saudi Re” invites its shareholders to attend the General Assembly Meeting (First Meeting) by means of modern technology
The Board of Directors of the Saudi Reinsurance Company “Saudi Re” is pleased to invite the honorable shareholders to attend the General Assembly meeting which will be held virtually through the modern technology means via (www.tadawulaty.com.sa) link , scheduled 18:30 on Thursday 23/07/1443H corresponding to 24/02/2022, in line with the preventive and precautionary efforts and […]