Saudi Reinsurance Co. (Saudi Re) reported a net profit of SAR 140 million for 2025, compared to SAR 474.8 million in 2024.
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Gross Written Premium (GWP) | 2,359.84 | 2,927.74 | 24.1 % |
| Insurance Revenues | 1,129.97 | 1,672.50 | 48.0 % |
| Net Profit Before Zakat & Tax | 139.77 | 190.64 | 36.4 % |
| Net Income | 474.81 | 140.04 | (70.5 %) |
| Average Shares | 128.70 | 167.31 | 30.0 % |
| Earnings Per Share before unusual items (Riyals) | 0.85 | 0.84 | (1.0 %) |
| EPS (Riyal) | 3.69 | 0.84 | (77.3 %) |
Revenues increased in 2025 on business growth in line with the company's strategy and business plan.
However, net investment profit decreased by 71%, due to an exceptional capital gain in the previous year from the sale of its stake in Probitas Holdings amounting to SAR 365.9 million.
| Item | Q4 2024 | Q4 2025 | Change |
|---|---|---|---|
| Gross Written Premium (GWP) | 421.16 | 308.94 | (26.6 %) |
| Insurance Revenues | 305.81 | 475.21 | 55.4 % |
| Net Profit Before Zakat & Tax | 2.74 | 34.47 | 1156.7 % |
| Net Income | (0.14) | 21.28 | 15330.9 % |
| Average Shares | 128.70 | 167.31 | 30.0 % |
| Earnings Per Share before unusual items (Riyal) | 0.00 | 0.13 | 11816.0 % |
| EPS (Riyal) | 0.00 | 0.13 | 11816.0 % |
| Item | Q3 2025 | Q4 2025 | Change |
|---|---|---|---|
| Gross Written Premium (GWP) | 530.23 | 308.94 | (41.7 %) |
| Insurance Revenues | 459.11 | 475.21 | 3.5 % |
| Net Profit Before Zakat & Tax | 43.52 | 34.47 | (20.8 %) |
| Net Income | 30.77 | 21.28 | (30.9 %) |
| Average Shares | 167.31 | 167.31 | - |
| Earnings Per Share before unusual items (Riyal) | 0.18 | 0.13 | (30.9 %) |
| EPS (Riyal) | 0.18 | 0.13 | (30.9 %) |
The insurer turned to a profit of SAR 21.3 million in Q4 2025, versus a loss of SAR 140,000 in the prior-year period.
On a sequential basis, Saudi Re’s bottom line fell 30.9% from SAR 30.77 million profit in Q3
| Item | 2024 | 2025 | Change |
|---|---|---|---|
| Gross Written Premium (GWP) | 2,359.84 | 2,927.74 | 24.1 % |
| Insurance Revenues | 1,129.97 | 1,672.50 | 48.0 % |
| Insurance Services Income | 142.53 | 170.73 | 19.8 % |
| Investment Income | 74.23 | 127.74 | 72.1 % |
| Net Profit of Insurance Services and Investment | 179.34 | 235.71 | 31.4 % |
Total shareholders’ equity, no minority interest, stood at SAR 2.19 billion by Dec. 31, 2025, compared to SAR 1.61 billion a year earlier.
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