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SAUDI RE WINS ‘REINSURANCE COMPANY OF THE YEAR’ AWARD AT MIDDLE EAST INSURANCE INDUSTRY AWARDS 2021 11.09.2021 

Saudi Re and Damanat Sign Memorandum of Understanding to Strengthen Reinsurance Collaboration

January 3, 2025
As part of its efforts to share best practice with its clients, Saudi Re has organized a seminar titled “the reinsurance value proposition: actuarial modeling and capital management”. The event, held in Riyadh on Oct 8th 2011, was attended by an audience of senior executives in the Saudi insurance industry. In his opening remarks, Mr. Fahad Al-Hesni, CEO Saudi Re, said“The topic of the seminar was stimulated by discussions with some of our clients. Analyzing volatility and capital allocation per line of business can provide valuable insights in respect of developing a reinsurance strategy as well as a business strategy, and this seminar is intended to shed light on how benefit from actuarial analysis”. He also added “this comes as part of a series of seminars covering a spectrum of topics which Saudi Re host for its clients across different markets”.  Beside Mr. Fahad Al-Hesni, CEO Saudi Re, other speakers were Mr. Andreas Bollmann, Saudi Re Chief Underwriting Officer who discussed the value proposition of reinsurance, Dr. Ameer Batcha, Saudi Re Chief Risk Officer who has lead a session on solvency regimes and risk based capital, and Mr. Safdar Jafar, Milliman’s Managing Director Middle East and Africa who discussed the value of actuarial modeling.
January 3, 2025
Saudi Re organizes a seminar to its clients titled: “Saudi P&C Market: Trends & Developments” on Oct 10th 2012 in Riyadh. The seminar provides  the industry professionals with an update of the key trends of the insurance and reinsurance market in Saudi Arabia, and discusses the design of optimal reinsurance coverage. The key topics include: trend analysis of pricing and terms of primary insurance in the Saudi market in property, engineering and motor lines of business, developments in the reinsurance pricing and renewals in the Saudi market, and issues relating to managing exposure and setting retention levels.