Press Release​

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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 raises its Capital to SAR 1.698 billion through Bonus Shares

January 3, 2025
Saudi Re sponsors of the 7th International Takaful Summit (ITS) which will take place in Cairo- Egypt, on the 18th-19th February 2013.  ITS is considered one of the key events in the Takaful industry and attracts the attention of industry professionals regionally and internationally. The seventh summit features the theme of “Capitalizing on the Potential of Global Takaful Industry”  www.takafulsummit.com/2013
January 3, 2025
Saudi Re participates as a sponsor of the 40th African Insurance Organisation (AIO) Conference taking place in Cairo, Egypt from the 26th to 29th May 2013 under the theme: “The Role of the African Insurance Industry to support the Economic Developmetn of African Countries”.  Detail can be found through the below link: AIO 2013 Conference
January 3, 2025
“ Saudi Re ‘’ organizes a seminar for its clients titled: “ Developing Life Insurance in KSA “ on May 22nd 2013, which will be held at the Four Seasons Hotel, Riyadh.   The seminar provides an overview on the life insurance market in the Kingdom and discusses development opportunities. The seminar focuses on the saving and protection sector and the opportunities for developing insurance offerings in the Kingdom. The main topics of seminar include growth potential in Saudi life insurance and development opportunities.  Life_Seminar
January 3, 2025
As part of Saudi Re efforts to further strengthen its human capabilities, we are pleased to announce the appointment of Mr. Tarik Aouad as Chief Business Development Officer. Tarik is a well-known reinsurance proffessional in teh region having worked for 15 years in different reinsurance roles, last was the general Manager of Hannover Re Bahrain. Tarik enjoys vast experience in teh technical and strategic fields of reinsurance and has deep knowledge of MENA and Asian markets. He is a graduate of Mathematics and Computer Science from the University of Muenster in Germany. In his capacity as Chief Business Development Officer, Tarik will contribute to the development and growth of Saudi Re through multifaceted roles that enable the company to achieve its strategic objectives.
January 3, 2025
Saudi Reinsurance Company “Saudi Re’’ has organized a workshop on ‘’Engineering Insurance Underwriting‘’ which was attended by a number of insurance professionals from insurance companies operating in Saudi Arabia. The workshop addressed the developments in the Saudi engineering market which premiums exceed 1 billion riyals. The workshop also covered the technical aspects of underwriting engineering insurance policies including Contractors’ All Risks (CAR), Erection All Risks (EAR) Advanced Loss of Profit (ALOP), Machinery Breakdown (MB), and Electronic Equipment (EEI).
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