Saudi Reinsurance Company invites its shareholders to attend the Ordinary General Assembly Meeting (First meeting) via means of modern technology
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 virtually through means of modern technology scheduled at 19:00 on Thursday 21/10/1444 H corresponding to 11/05/2023. City and Location of the General Assembly’s Meeting: […]
Agreement between «Saudi Re» and «BIBF» for the training and employment of Saudi graduates
The Saudi Reinsurance Company (Saudi Re) announced the appointment of the Bahrain Institute for Banking and Finance (BIBF) to lead the development of the Future Leaders Programme 2023 launched by Saudi Re, to train and employ Saudi graduates with a BA or MA degrees. The programme aims to empower graduates to become among the next […]
Saudi Re 2022 profits rise by 6.4%, with premiums exceeding 1.4 billion SAR with an increase of 26%
The Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to 56.7 million SAR compared to 53.3 million SAR last year, with an increase of 6.4 percent. The Company’s 2022 results also recorded a rise in its sales by 26 percent, […]
إعلان “إعادة” عن تعيين رئيس مجلس الإدارة ونائبه
تعلن “إعادة” عن استلامها يوم الأحد 15/11/1444هـ الموافق 04/06/2023 م عدم ممانعة البنك المركزي السعودي عبر البريد الإلكتروني على تعيين رئيس مجلس الإدارة ونائبه لدورة مجلس الإدارة التي بدأت بتاريخ 11/05/2023 م وتنتهي بتاريخ 10/50/2026 م وفقا للآتي: أولا: تعيين السيد عبداللطيف الفوزان رئيساً لمجلس الإدارة ثانيا: تعيين السيد تركي السديري نائباً لرئيس مجلس الإدارة
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 […]
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 […]