corporate_profile
corporate_profile
Riyadh, Standard & Poor’s (S&P) has affirmed Saudi Re’s financial strength rating at BBB+ with a stable outlook and also regional scale rating at gcAA+. The rating considered curtain strength areas including the very well capitalization position with capital adequacy above 'AAA' benchmark in addition to certain regulatory benefits, which could support further business growth in Saudi Arabia. The rating further considers other factors including enterprise risk management, financial liquidity.