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Business
The company provides insurance and reinsurance services.
Overview
Saudi Reinsurance Company (Saudi Re) was established as a Saudi public shareholding company pursuant to Royal Decree No. 83 dated 25/10/1428 H corresponding to 6/11/2007 and obtained Commercial Registration No. 1010250125 dated 12/5/1429 H specializes in facultative and treaty reinsurance solutions in various classes, including property, engineering, liability, marine, motor, life, and health.
The company is licensed under the number TMN/17/20087 and under the control and supervision of the Saudi Central Bank, and thus it has been established and publicized, as it is the first Saudi Reinsurance Company, with a capital of eight hundred and ninety-one million Saudi riyals (891,000,000) divided into 89.1 million share.
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 2008 |
| Commercial Register: | 1010250125 |
| Website: | www.saudire.net |
| Invest@saudi-re.com | |
| Phone | +966 11 5102000 |
| Fax | +966 11 5102111 |
| Address | 4130 Unit No. 1 - Al-Wadi District - Northern Ring Branch Road - Riyadh 13313 |
| PO Box | 6684 |
Argaam Classification
Financials Highlights (M )
Company Size
| Chart | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | ||
| No. of Employees | 99 | 96 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| No. of Branches | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 83.30 |
| Free Float % : | 93.49 |
| Weight in Index % : | 0.06 |
| 3M Average Volume : | 524,616 |
| 3M Average Transactions : | 915 |
| Change(12M) % : | 30.01 |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| Probitas Bermuda Holding Ltd. | Bermuda | 49.99 % |