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Soaring with vision,
grounded in strength
From a foundation of trust and stability built on home soil, Saudi Re has achieved remarkable growth. As we embark on our Strategy Towards 2028, we are confident in our ability to navigate the complexities of a dynamic global reinsurance landscape with agility and adaptability. With our commitment to innovation and growth, guided by our core values and driven by renewed ambition, we aspire to reach new heights in a sustainable and prosperous future.

Chairman's Statement
In continuation of the Company's sustainable growth journey, “Saudi Re” achieved a record breaking performance in 2024, with profits reaching X 475 million and an ROE of 41%, alongside EPS of X 5.33, paving the way for the realization of our ambitious strategic goals.
Chief Executive Officer's Statement

Value Drivers: 2024 At A Glance
NET PROFIT
X million
INTERNATIONAL BUSINESS (GWP)
%
SHAREHOLDERS’ EQUITY
X million
UNDERWRITING RESULTS
X million
TOTAL ASSETS
X million
COUNTRIES IN OPERATION
+ Countries
Sustainability
Performance
Saudization rate (%) – 2024
0
Percentage of Senior Management that are Saudi Nationals – 2024
0
Number of hours of training given per employee
64 hours
Sponsorships granted
6
Support extended to employees to pursue professional qualifications. 4 Staff (PMP, ACII, Master’s Degree)
Value invested in training and education
2024
X 800,000
2023
X 700,000

