Saudi Re posts nearly 6% increase in net profit to US$20m for 1H2024

By MEIR team | 06 Aug 2024

Saudi Arabia Reinsurance Financial Performance

The net profit after zakat attributable to shareholders of the Saudi Reinsurance Company increased by 5.8% to SAR75.28m ($20.05m) in the first half of this year, compared to the corresponding half in 2023, according to financial data lodged by the reinsurer with the Saudi bourse.

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