Saudi Reinsurance Co - Company Profile
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Saudi Reinsurance Co (Saudi Re) is a provider of life and non-life reinsurance products. The company focuses on providing treaty and facultative reinsurance on proportional and non-proportional basis. It offers reinsurance solutions for engineering, fire, property, marine, general accident, motor, casualty, life, and medical. In addition, Saudi Re provides a range of reinsurance solutions for the Takaful industry. It also offers claims management services. The company offers these solutions to corporate customers globally. Its operations are spanned across Asia, Africa, and the Middle Eastern countries. The company operates a branch in Labuan, Malaysia. Saudi Re is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Building Number 4130, Northern Ring Road, 300259, P.O.Box, Riyadh, 11313
Website
saudire.net
Telephone
966 1 15102000
Industry
Financial Services
Ticker Symbol & Exchange
8200 (SAU)
Revenue (2022)
$257.3M
5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
8.3%
(2022 vs 2021)
Market Cap*
$617.6M
Net Profit Margin (2022)
XYZ
3.4%
(2022 vs 2021)
* As of and is in US$
Saudi Reinsurance Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Engineering Reinsurance | Claims Management |
| Fire Reinsurance | |
| Casualty Reinsurance | |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Saudi Reinsurance Co | The Company for Cooperative Insurance | The Mediterranean and Gulf Cooperative Insurance and Reinsurance Co | Walaa Cooperative Insurance Co | United Cooperative Assurance Co |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia | Saudi Arabia |
| City | Riyadh | Riyadh | Riyadh | Al-Khobar | Jeddah |
| State/Province | Riyadh | - | Riyadh | - | Makkah |
| No. of Employees | - | - | - | - | - |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Abdulltaif Al Fouzan | Chairman | Executive Board | 2023 | - |
| Turki Al Sudairy | Vice Chairman | Executive Board | 2023 | - |
| Nilmin Pieries | Chief Financial Officer | Senior Management | - | - |
| Ahmed Al-Jabr | Chief Operating Officer | Senior Management | - | - |
| Isa Ali | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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