إعلان النتائج المالية – تسعة أشهر – 2018م
نجحت الشركة في تحقيق صافي ربح قبل الزكاة بلغ 24.1 مليون ريال خلال التسعة أشهر من العام 2018م بارتفاع بلغ 16% مقارنة بالعام السابق ومما نتج عنه زيادة الربح الشامل لذات الفترة بنسبة 26%. وجاءت نتائج الفترة مدعومة بالأداء الإيجابي للربع الثالث حيث تجاوز صافي الربح قبل الزكاة 10 مليون ريال مقارنة بخسارة بحدود 270 […]
Saudi Re Receives AA+ Insurance Financial Strength Rating (IFSR) From SIMAH’s Credit Rating Agency (Tassnief) with stable outlook
Saudi Re is pleased to announce that it has been assigned an AA+ Insurance Financial Strength Rating (IFSR) by SIMAH’s Credit Rating Agency, Tassnief, with stable outlook.
According to the rating issued on on 26 Sep. 2018, the AA+ Rating of Saudi Re reflects its strong financial profile supported by its strong equity base and debt-free capital structure. It also incorporates the strength of the business profile having a well-established franchise in the key targeted markets that the company operates in, as well as the improved level of diversification for the international business, and the entry into the Lloyd’s market and a well diversified GPW mix among the major lines of business. Furthermore, the report noted the sound governance framework, conservative investment policy, improved underwriting procedures and risk management techniques which resulted in an improvement in technical performance of the Saudi Re.
Saudi Re receives approvals from SAMA and Lloyd’s to proceed with Probitas Holdings (Bermuda) Deal
Saudi Re is pleased to announce receiving the required approvals from the Saudi Arabian Monetary Authority (SAMA) and also from Lloyd’s of London to proceed with the deal to purchase 49.9% of the ordinary shares of Probitas Holdings (Bermuda) Limited (PHBL).
Saudi Re completes the acquisition transaction of PHBL
Saudi Re is pleased to announce the completion of transaction and the consequent acquisition of 49.9% of the ordinary shares of PHBL.
Saudi Re Receives AA+ Insurance Financial Strength Rating (IFSR) From SIMAH’s Credit Rating Agency (Tassnief) with …stable outlook
Saudi Re is pleased to announce that it has been assigned an AA+ Insurance Financial Strength Rating (IFSR) by SIMAH’s Credit Rating Agency, Tassnief, with stable outlook. According to the rating issued on on 26 Sep. 2018, the AA+ Rating of Saudi Re reflects its strong financial profile supported by its strong equity base and […]
Standard & Poor’s Affirms Rating BBB + (Stable) pour Saudi Re
Riyadh, Standard & Poor’s (S&P) has affirmed Saudi Re’s financial strength rating at BBB+ with a stable outlook. S&P expects that Saudi Re will gradually prove successful in establishing a good and diversified competitive position in Saudi Arabia ….
Saudi Re announces signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL) to purchase 49.9% of the shares of PHBL
Following announcement on 13-07-2017, Saudi Re announces signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.9% of the ordinary shares of PHBL. PHBL is a limited liability company registered in Bermuda which invests in insurance reinsurance business and in Lloyd’s market.
Saudi Re has entered into a shareholders’ agreement with Probitas Holdings (Bermuda) Limited (PHBL) to purchase 49.9% of PHBL’s shares.
Following announcement on 13-07-2017, Saudi Re announces signing off a Shareholder Agreement with Probitas Holdings (Bermuda) Limited (PHBL), through which Saudi Re will purchase 49.9% of the ordinary shares of PHBL. PHBL is a limited liability company registered in Bermuda which invests in insurance reinsurance business and in Lloyd’s market.
Saudi Re annonce la signature d’une convention d’actionnaires avec Probitas Holdings (Bermuda) Limited (PHBL) pour acheter 49,9% des actions de PHBL
Après l’annonce du 13-07-2017, Saudi Re annonce la signature d’une convention d’actionnaires avec Probitas Holdings (Bermuda) Limited (PHBL), par laquelle Saudi Re achètera 49,9% des actions ordinaires de PHBL. PHBL est une société à responsabilité limitée enregistrée aux Bermudes qui investit dans des activités de réassurance d’assurance et dans le marché de Lloyd’s.
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.