- SAUDIRE

Saudi Stock Exchange (Kingdom of Saudi Arabia)
33.3 Last Update 14/10/2025 15:01 KSA
Negative
× Warning! {{companyMessage}}

Quotes

  • :33.94
  • :32.48
  • ('000):169,810
  • ( '000):5,654,673
  • :1.05


  • 1,562,274
  • :0
  • :
  • 52-W L52-W H
    33.3
    23.9744.45
  • 25.08%
  • 38.91%


  • 5,547

  • ():

    51,992,458.7
  • ():28,257,456
  • :1.84
  • Performance Comparison

At a Glance

Activities

The Saudi Cooperative Reinsurance Company "Re" is a public joint stock company established in 2008 to be the first reinsurance company in the Kingdom of Saudi Arabia. Saudi Re operates entirely in accordance with the cooperative insurance system and is licensed by the Insurance Authority. The company has a credit rating of A- with a stable outlook by Standard & Poor's, which reflects the level of capital adequacy and the excellence of the company's competitive position in addition to the company's success in diversification thanks to expansion in local and global markets. It also has a financial strength rating of A3 with a stable outlook from Moody's, which reflects the company's strong asset quality, capital adequacy and strong financial flexibility, in addition to the company's strong market position and brand. The company is led by a team of experts who's main goal is always the customer's satisfaction. Saudi Reinsurance Company is a company licensed under TMN/20087/17 and subject to the control and supervision of the Insurance Authority. The company aims to build a reinsurance company in the MENA region that is innovative and technically superior and that will become a regional leader. Saudi Re also aspires to increase the effectiveness of its presence and regional impact with the aim of launching internationally in markets with profitable opportunities. Saudi Re's capital is 891 million Saudi riyals (237.6 million US dollars), which is four times the minimum capital requirements in the Kingdom of Saudi Arabia. In March 2024, Saudi Re announced the appointment of Mr. Ahmed Al-Jabr as the Acting CEO. Being the only homegrown reinsurer, Saudi Re is fully committed towards clients and the market as a whole. Saudi Re enjoys professional relationships with almost all active insurance companies in Saudi Arabia. Saudi Re is exempt from withholding tax which is an advantage when dealing with a domestic reinsurer. Also, the close proximity and specific knowledge in the local risk profile are key factors which make Saudi Re a reinsurer of choice.

Board of Directors:

  • Chairman:
    Abdullatif A. Al-Fawzan
  • Vice-chairman:
    Turki S. Al-Sudairy
  • CEO:
    Ahmad A. Al-Jabr
  • Board Members:

    Abdulaziz A. Al Al-Sheikh

    Abdulaziz A. Al-Bassam

    Abdurrahman I. Al-Jalal

    Ahmad M. Al-Sabbagh

    Eng. Husam B. Al-Suwailem

    Kubra G. Radhi

    Mousa A. Akrash

    Waleed A. Al-Manea

  • Auditors:

    KPMG Al Fozan & Co.

    Dr. Mohammad Al Amri & Co.

Senior Management

CFO

Waleed Bin Ateeq

Chief Underwriting Officer

Ahmad Al-Qarishi

Chief Investment Officer

Fadi Al-Qutub

Chief Actuary

Dana Barhoumeh

News

CMA approves Saudi Re request to reduce its share capital (Press Release - 09/11/2017)

The CMA has issued its resolution approving Saudi Re for Cooperative Reinsurance Company's request ...

Read More ...

Saudi Re completed acquisition of 49.9% of Probitas Holdings (Bermuda) (Tadawul - 08/10/2017)

Following announcement on 01-10-2017, with regards to the Shareholder Agreement signed with Probitas ...

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Saudi Re is pleased to announce that Lloyd's has granted approvals (Tadawul - 27/09/2017)

Following announcement on 30-07-2017, with respect to Saudi Re announcing signing off a Shareholder ...

Read More ...

Read More ...

Recent Profit / Loss Announcements

Announced On Period As Of Net Profit (SAR Mil) Growth (%)
03/08/2025 6-Month 30/06/2025 88 16.89
08/05/2025 3-Month 31/03/2025 35 11.37
16/03/2025 12-Month 31/12/2024 475 281.59
31/10/2024 9-Month 30/09/2024 475 351.32
26/09/2024 12-Month 31/12/2023 124 63.61
Contact Details

Related GCC Companies (Insurance)

Market Cap
US$ Mil		 Last Price
Local Cry		 Price Change (%)
1 Day		 Price Change (%)
1 Year		 P/E TTM P/B MRQ Dividend Yield (%) Beta ROA (%) ROE (%)
BUPAARABIA 6,463.96 163.2 0.92 -20.03 22.7 5.53 0 0.88 7.41 26.44
TAWUNIYA 5,500.56 138.5 0.65 -4.18 18.86 5.29 0 1.09 5.66 23.76
ALRAJHITAKAFUL 3,163.36 118 -0.59 -33.98 35.58 8.31 0 1.1 4.63 29.95
RASAN 2,150.25 103.3 -0.77 74.07 52.1 0 0 0 0 0
QATI 1,849.87 2.09 0.48 -4.67 9.28 0.06 2.99 1.1 1.2 5.21
SAUDIRE 1,516.02 33.3 -0.6 34.74 6.12 5.46 0 1.05 2.32 7.74
ADNIC 1,123.31 7.29 0 18.69 9.37 1.36 0 0.24 3.55 12.47
GINS 795.99 892 1.36 -37.82 11.21 0 4.2 0.07 1.74 11.49
AINS 572.34 810 1.25 15.16 7.19 0 6.62 0.13 3.79 9.34
SUKOON 502.89 4 0 12.68 6.95 0.94 0 0.08 1.06 4.17
MEDGULF 460.31 16.23 -1.34 -31.11 28.65 1.32 0 1 -10.34 -92.54
WALAA 413.71 12.06 -0.91 -28.85 -8.82 0.82 0 1.13 7.93 25.35
DIN 402.86 14.8 0 34.55 11.19 3.19 0 -0.1 2.56 6.85
KUWAITRE 354.22 377 0.26 6.18 6.49 0 5.21 -0.01 3.72 9.79
QISI 350.04 8.56 0 2.79 8.88 0.38 6.88 0.57 7.35 18.57
DOHI 344.46 2.52 0 -0.32 6.62 0.12 5.82 0.22 4.18 7.55
CHUBB 327 40.46 -1.08 -3.54 112.02 2.65 0 1.13 5.57 13.53
KINS 317.71 555 0 -5.59 9.03 0 9.01 0.06 4.28 10.42
GIG 313.48 26 -0.54 -14.15 10.79 2.15 0 1.14 2.46 9.86
QGRI 307.38 1.29 0 1.34 18.61 0.02 5.06 0.3 0.68 1.06
EIC.ADX 297.24 7.28 0 -8.43 0 0.94 8.33 0.03 4.16 9.85
ARABIANSHIELD 293.54 13.83 0.21 -27.6 -206.59 0.71 0 1.09 8.66 27.25
NGI 276.13 6.08 -1.14 39.46 7.96 2.02 0 0 2.65 7.28
LIVA.MSM 268.51 0.26 0 -21.21 0 0 0 0.08 0 0
JAZIRATAKAFUL 227.78 12.84 -0.85 -21.32 25.49 1.11 0 1.11 5.1 7.97
MUTAKAMELA 218.42 13.64 -0.15 -11.3 42.9 1.13 0 1.06 1.46 12.2
BEMA 217.84 4 0 -0.74 9.45 0 0 0 0 0
QLMI 216.34 2.27 0 3.18 12.21 0 0 0 0 0
ABNIC 207.55 3.05 0 2.69 598.04 1.17 0 -0.07 2.19 6.02
ARIG 206.8 0.94 0 17.5 13.04 0.82 10.1 0.03 0.86 3.8
SOLID 206.48 0.46 0 59.11 7.6 1.74 0 0.03 -2.03 -5
TKFL 200.07 5.67 0 27.74 8.85 2.32 4 -0.14 5.39 16.79
AWNIC 185.94 3.4 3.03 -23.79 18.56 0.82 0 0.06 4.05 6.88
MALATHINSURANCE 175.62 13.17 -0.08 -11.78 20.69 6.14 0 1.07 -0.49 -5.25
WATANIYA 171.52 15.95 -0.88 -41.06 11.91 1.42 0 1.05 5.82 24.29
AKHI 165.44 2.4 0.84 1.1 9.13 0.12 4.88 0.36 1.13 2.27
GULFUNIONALAHLIA 165 13.23 -1.93 -11.25 -12.18 1.17 0 1.06 4.41 16.62
AICC 154.52 10.77 -1.56 -19.79 31.07 1.14 0 0.99 2.15 6.89
BNH 152.84 0.51 0 -0.97 11.78 1.17 3.88 0.04 4.3 7.72
BKIC 151.03 0.4 0 19.4 11.59 0.75 6.12 -0.08 1.42 7.42
ALETIHAD 150.17 11.09 -1.6 -47.82 -7.18 0 0 0 0 0
LIVA 147.21 13.6 -1.53 -21.8 20.63 1.35 0 1.12 4.74 10.5
BURUJ 133.36 16.55 -0.78 -15.59 98.87 0.99 0 1.1 10.12 31.24
DHAFRA 132.29 4.86 0 -12.12 12.66 1.45 0 -0.08 3.14 10.13
ALAIN 126.98 31.1 0 10.68 -231.57 0.4 3.33 -0.04 0.89 4.23
SAICO 111.37 13.68 -1.8 -14.43 8.05 0.98 0 1.06 3.42 14.39
RAKNIC 108.94 3.3 0 10 0 1.51 0 -0.02 4.14 13.97
ALLIANCE 106.16 390 0 0 12.93 0.85 0 0 3.59 10.4
WINSRE 104.18 185 0.54 31.43 9.21 0 16.34 0.33 -4.25 -8.4
ALSAGRINSURANCE 102.9 12.7 -1.33 -29.9 -19.97 0.69 0 1.08 1.22 2.93
SALAMA.DFM 102.3 0.39 0 8.7 28.78 0.69 0 1.05 1.35 6.71
DNIR 100.61 2.98 0 -35.35 6.9 0.72 0 0.03 5.66 10.02
BKIKWT 93.61 191 0 0 0 0 0 -0.04 0 0
ORIENT 90.23 66.3 0 0 0.47 0.14 0 0 5.28 14.46
AMANAINSURANCE 90.07 7.71 -1.91 -30.2 1,355.17 0.82 0 1.24 2.44 8.65
ACIG 87.32 11.16 -0.89 -20.48 -11.2 1.5 0 1.01 2.02 7.98
FTI 78.34 243 -2.02 21.08 -169.35 0 0 0.01 13.45 19.88
ORIC 77.18 0.09 0 5.88 14.06 0 0 0 0 0
AFNIC 76.08 210 0 0 5.76 0.99 0 0 5.59 12.64
UNION 72 1.15 0 76.92 0 1.24 0 0.14 0.48 2.86
FIDELITYUNITED 69.68 1.6 0 0 0 1.7 0 0 0.3 0.92
SALAMA 64.01 11.91 -0.84 -50.37 -11.82 1.21 0 1.12 6.59 24.57
OUIC 62.22 0.24 0 0 10.67 0.82 0 1.22 2.72 10.66
TAKAFULEM 61.65 1.61 0 213.28 28.49 1.4 0 0.39 0.52 3.98
SUKOONTAKAFL 60.78 1.45 0 -12.12 11.76 0.73 0 0.03 4.03 8.06
DICS 58.46 0.2 0 -6.98 5.26 2.44 0 0.13 -1.1 -7.19
UCA 57.03 5.22 -2.43 -47.96 -1.71 0.55 0 0.99 4.36 15.87
SICO 56.14 1.5 0 -9.09 0 0.94 0 0.01 10.26 17.29
ENAYA 55.9 8.9 -2.42 -39.84 -8.81 1.1 0 1.21 -3.77 -8.59
WATANIA 49.57 0.7 1.44 5.26 6.36 0.61 0 0.68 1.85 9.66
WETHAQ 46.66 126 0 225.76 65.24 0 0 0.29 3.29 3.31
OQIC 46.66 0.18 0 -10 13.74 0 0 0.04 0 0
GULFGENERAL 41.33 5.1 -1.36 -54.65 -1.16 0.47 0 1.21 4.81 12.27
ASNIC 41.32 0.66 0 0.46 -0.98 0.34 0 0.04 0.54 1.41
AMAT 40.83 0.09 12.5 16.88 9.47 0.57 0 1 1.24 9.37
AFIC 34.81 0.13 0 4 8.5 0 0 0.14 0 0
METHAQ 26.54 0.65 0 0.78 0 1.27 0 0.45 3.1 20.9
MCTI 24.01 0.84 0 162.5 42.21 0.36 0 0.04 2.57 8.13
TAKAFUL 21.45 0.13 0 1.56 6.7 1.25 0 0.1 0.52 3.12
TAOI 20.74 0.05 0 16.28 12.5 0.26 0 0.24 8.15 13.81
AMAN 18.43 0.3 0 -8.81 0 0.87 0 0.53 -1.23 -19.5
IH 18.43 0.57 0 -40.56 0 0.78 0 -0.01 1.61 4.72
AKIC 6.53 0.24 0 0.84 0 0.68 0 -0.03 -19.63 -93.13
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