Saudi Re sees net profit climb by 351% to over US$126m in first 3 quarters

By MEIR team | 03 Nov 2024

M Ahmed Al-Jabr, CEO of Saudi Re

Saudi Arabia Reinsurance Financial Performance

The Saudi Reinsurance Company (Saudi Re) posted a surge of 351% in net profit after zakat to SAR475m ($126.5m) for the nine months ended 30 September 2024.

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