Saudi Re completes surplus distribution, reverses SAR 53.5M

Logo of Saudi Reinsurance Co. (Saudi Re)

Saudi Reinsurance Co. (Saudi Re) said it completed procedures to implement its reinsurance surplus distribution policy, resulting in the reversal of an accumulated surplus balance of SAR 53.46 million as of Dec. 31, 2025, according to a statement to Tadawul.

The company said the move is expected to have a positive impact on its second-quarter 2026 earnings.