Saudi Re, 2017 results

By 2017, Saudi Re reported a net profit of 38.9 million SAR (10.4 million USD), a leap of 110% in one year. This performance is accounted for by a substantial decrease in loss experience. The turnover has, nonetheless, sustained a slight decrease of 4% at 942 million SAR (251.3 million USD).

The Saudi reinsurer is holder of a “BBB+” rating granted by Standard & Poor’s and manages assets of up to 693 million USD.

More news:

0
Your rating: None
Advertising Program          Terms of Service          Copyright          Useful links          Social networks          Credits