Press Release
Mr. Fahad Al-Hesni, CEO of Saudi Re ranks among the top 50 most influential industry leaders
“Mena Insurance Review” has listed Mr. Fahad Al-Hesni, CEO of Saudi Re among the top 50 industry leaders in the MENA region for the year 2011,
“Power 50”. The list included key figures from Insurance Companies, Reinsurance Companies, Brokers and Service Providers. The selection is based on nominations of the readers of “Mena Insurance Review” and the opinions of an anonymous panel of the industry leaders.
Detail can be found through the below link:
http://www.insurancemena.com/features/902408/mena_insurance_review_power_50.html
S&P Affirms BBB+ Rating of Saudi Re with Stable Outlook
Major Rating Factors Rationale Outlook Corporate Profile: A Strongly Capitalized Start-up Benefitting As The First Do .
Major Rating Factors Rationale Outlook Corporate Profile: A Strongly Capitalized Start-up Benefitting As Major Rating Factors Rationale Outlook Corporate Profile: A Strongly Capitalized Start-up Benefitting As The First Do...
Saudi Re appoints its Sharia Board.
Saudi Re has appointed its Sharia Board effective May, 2011. The appointment of the Sharia Board comes to further support Saudi Re direction in preserving the Cooperative Reinsurance in its operations
Saudi Re was successful in appointing internationally-renowned scholars, who have the knowledge and exposure to the insurance and reinsurance industry. The members of the Sharia Board are; Shiekh Dr. Abdulsattar Abu Ghuddah, Sheikh Dr. Mohamed Ali Elgari, and Sheikh Yousef Al-Farraj.
Fahad Al-Hesni, CEO of Saudi Re said about the appointment “The Sharia Board will help Saudi Re to remain responsive to our clients’ requirements and develop solutions that satisfy and cater for the takaful industry demands for Sharia-Compliant reinsurance services”.
