Governance
Saudi Re governance structure ensures the protection of the rights and interests of its stakeholders and other shareholders, promote transparency and facilitate the assessment of quality of the corporation and business.
Saudi Re Governance
Corporate governance regulates the relationships and communication between the Board, the Executive Management and the shareholders.
The policies are aligned with regulations issued by Insurance Authority and CMA.It also sets the responsibilities and competencies of the Board and the executive management.
Compliance With Laws And Regulations
Saudi Re complies with laws and regulations applicable in the Kingdom of Saudi Arabia, including:
- Laws and regulations issued by Capital Markets Authority (CMA).
- Laws and regulations issued by Insurance Authority, including the Corporate Governance Regulations.
- Zakat and Income Tax Regulations issued by the Zakat and Income Tax Department.
- Labor Law issued by the Ministry of Human Resources and Social Development.
- The Company Law issued by the Ministry of Commerce.
