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saudire.net

About Saudi Re

Saudi Re is a reinsurance company. The company offers comprehensive reinsurance solutions and claim services. It is based in Riyadh, Saudi Arabia.

Saudi Re Headquarter Location

Northern Ring Rd Al Wadi

Riyadh, 13313,

Saudi Arabia

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Latest Saudi Re News

Saudi Re's profits up 4% in Q1-22 interim financials

May 19, 2022

Saudi Re's profits up 4% in Q1-22 interim financials Riyadh – Mubasher: The net profits before Zakat of Saudi Reinsurance Company (Saudi Re) rose by 3.95% to SAR 19.58 million in the first quarter (Q1) of 2022, compared to AED 18.83 million in the year-ago period. The company's net written premiums (NWP) amounted to SAR 586.27 million in Q1-22, down 26.01% year-on-year (YoY) from SAR 792.37 million, according to the company's interim financials. The earnings per share (EPS) settled at SAR 0.17 in the first three months (3M) of 2022, versus SAR 0.18 in the same period of 2021. It is noteworthy to mention that in 2021, Saudi Re logged net profits before Zakat worth SAR 53.31 million, a plunge of 12.15% from SAR 60.69 million in 2020.

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  • Where is Saudi Re's headquarters?

    Saudi Re's headquarters is located at Northern Ring Rd, Riyadh.

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