Saudi Re reports record results in 2024, proposes 47% capital increase

By Osama Noor | 17 Mar 2025

Saudi Arabia Reinsurance Financial Performance

Saudi Reinsurance Co (Saudi Re) yesterday announced that it posted a net profit after zakat and attributable to shareholders of SAR474.8m ($126.6m) for 2024. This figure is 281% higher than the SAR124.4m chalked up in 2023.

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