- SAUDIRE

Saudi Stock Exchange (Kingdom of Saudi Arabia)
49.9 Last Update 15/05/2025 16:01 KSA
× Warning! {{companyMessage}}
  • :50.2
  • :49.05
  • ('000):89,100
  • ( '000):4,446,090
  • :1.05


  • 364,604
  • :0
  • :
  • 52-W L52-W H
    49.9
    24.164.9
  • 23.11%
  • 107.05%


  • 2,702

  • ():

    18,078,123.35
  • ():45,616,294
  • :0.4
  • Performance Comparison

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.

  • 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.

CFO

Waleed Bin Ateeq

Chief Underwriting Officer

Ahmad Al-Qarishi

Chief Investment Officer

Fadi Al-Qutub

Chief Actuary

Dana Barhoumeh
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 ...

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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 ...

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Announced On Period As Of Net Profit (SAR Mil) Growth (%)
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
04/08/2024 6-Month 30/06/2024 75 5.79
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 7,139.54 178.8 0.11 -9.74 22.98 6.37 0 0.88 7.41 26.44
TAWUNIYA 5,780.39 143.6 -0.7 25.44 22.98 6.03 0 1.09 5.66 23.76
ALRAJHITAKAFUL 3,304.6 123.8 -0.17 171.63 31.6 8.94 0 1.1 4.63 29.95
QATI 1,752.04 1.98 0.5 -5.42 8.87 0.06 2.99 1.1 1.2 5.21
RASAN 1,743.32 85.5 -0.93 0 100.81 0 0 0 0 0
SAUDIRE 1,184.88 49.9 0 158.2 9 6.12 0 1.05 2.32 7.74
ADNIC 994.54 6.41 0 0 8.77 1.25 0 0.24 3.55 12.47
GINS 923.54 953 -3.94 -38.39 12.88 2.21 4.2 0.07 1.74 11.49
MEDGULF 608.34 21.1 -2.95 93.01 14.28 1.84 0 1 -10.34 -92.54
AINS 533.24 720 -4 24.03 7.3 1.36 6.62 0.13 3.79 9.34
WALAA 432.5 19.1 0.1 16.16 12.52 1.4 0 1.13 7.93 25.35
SUKOON 418.65 3.33 0 0 5.79 0.79 0 0.08 1.06 4.17
ARABIANSHIELD 353.94 16.22 -2.53 14.56 16.04 0.9 0 1.09 8.66 27.25
QISI 346.37 8.44 -0.48 0.18 8.85 0.37 6.88 0.57 7.35 18.57
DOHI 344.46 2.53 0 -0.85 6.64 0.12 5.82 0.22 4.18 7.55
DIN 340.25 12.5 0 71.81 10.53 2.69 0 -0.1 2.56 6.85
KINS 339.54 528 -5.72 31.11 9.95 1.47 9.01 0.06 4.28 10.42
KUWAITRE 319.55 356 4.39 13.99 6.95 1.2 5.21 -0.01 3.72 9.79
GIG 313 25.75 -1.35 1.4 18.03 2.21 0 1.14 2.46 9.86
CHUBB 305.01 38 -0.4 49.72 58.93 3.08 0 1.13 5.57 13.53
EIC.ADX 298.06 6.66 -8.77 0 0 0.94 8.33 0.03 4.16 9.85
QGRI 295.47 1.24 0 6.7 37.46 0.02 5.06 0.3 0.68 1.06
NGI 285.11 6.15 -3.15 3.13 8.63 2.1 0 0 2.65 7.28
MUTAKAMELA 260.64 16.26 -0.25 5.66 64.48 1.34 0 1.06 1.46 12.2
LIVA.MSM 258.19 0.25 0 -4.48 0 0 0 0.08 0 0
JAZIRATKFL 245.89 13.9 -0.58 2.97 25.64 1.28 0 1.11 5.1 7.97
ARIG 211.2 0.96 0 0 8.38 0.82 10.1 0.03 0.86 3.8
BEMA 210.76 3.89 0.51 2.79 9.15 0 0 0 0 0
ABNIC 203.47 2.99 0 0 0 1.15 0 -0.07 2.19 6.02
AWNIC 197.21 3.5 0 0 -11.24 0.87 0 0.06 4.05 6.88
WATANIYA 195.5 18 -1.86 32.04 7.19 1.72 0 1.05 5.82 24.29
QLMI 186.8 1.98 1.02 -9.11 10.54 0 0 0 0 0
MALATHINSURANCE 185.48 13.94 0.14 3.21 26.83 6.35 0 1.07 -0.49 -5.25
ALETIHAD 184.42 13.66 -1.31 0 8.66 0 0 0 0 0
GULFUNIONALAHLIA 181.02 14.96 1.08 15.54 9.16 1.42 0 1.06 4.41 16.62
AICC 174.01 12.34 0.16 -5.74 14.56 1.29 0 0.99 2.15 6.89
AKHI 163.35 2.35 0 -14.62 7.93 0.12 4.88 0.36 1.13 2.27
BNH 155.84 0.53 1.92 0 11.13 1.21 3.88 0.04 4.3 7.72
LIVA 145.4 13.48 -1.18 -7.72 19.07 1.53 0 1.12 4.74 10.5
BURUJ 143.91 18.08 0.44 12.39 39.42 1.18 0 1.1 10.12 31.24
BKIC 139.7 0.37 0 0 11.01 0.77 6.12 -0.08 1.42 7.42
DHAFRA 132.29 4.86 0 0 10.4 1.45 0 -0.08 3.14 10.13
TKFL 128.61 4.5 0 0 4.46 1.49 4 -0.14 5.39 16.79
SAICO 125.68 15.56 -1.02 24.68 9.68 1.19 0 1.06 3.42 14.39
ALAIN 122.49 30 0 0 0 0.39 3.33 -0.04 0.89 4.23
RAKNIC 108.94 2.97 -10 0 0 1.51 0 -0.02 4.14 13.97
ALSAGRINSURANCE 107.61 13.46 0 22.66 14.23 0.72 0 1.08 1.22 2.93
ALLIANCE 106.16 390 0 0 0 0.85 0 0 3.59 10.4
ACIG 105.47 13.26 -2.5 25.26 8.27 1.99 0 1.01 2.02 7.98
AMANAINSURANCE 102.22 8.87 -0.57 -1.2 47.88 0.98 0 1.24 2.44 8.65
DNIR 100.29 2.88 -9.72 -16.44 8.46 0.74 0 0.03 5.66 10.02
SALAMA.DFM 97.19 0.39 2.63 -8.73 -2.55 0.64 0 1.05 1.35 6.71
BKIKWT 93.61 191 0 0 0 0 0 -0.04 0 0
WINSRE 90.59 160 0 50.93 7.12 0.67 16.34 0.33 -4.25 -8.4
ORIENT 90.23 66.3 0 0 0.51 0.14 0 0 5.28 14.46
UCA 82.08 7.58 -1.56 22.99 15.58 0.85 0 0.99 4.36 15.87
ORIC 77.18 0.09 0 0 14.06 0 0 0 0 0
AFNIC 76.08 210 0 0 0 0.99 0 0 5.59 12.64
SALAMA 73.87 13.62 -1.74 0 11.65 1.43 0 1.12 6.59 24.57
SOLID 70.26 0.42 -2.33 0 9.93 2.03 0 0.03 -2.03 -5
FIDELITYUNITED 69.68 1.6 0 0 0 1.7 0 0 0.3 0.92
SUKOONTAKAFL 64.97 1.55 0 -65.38 11.45 0.8 0 0.03 4.03 8.06
ENAYA 62.77 10.18 -0.59 -13.64 -14.14 1.28 0 1.21 -3.77 -8.59
SICO 61.76 1.65 0 0 0 1.04 0 0.01 10.26 17.29
FTI 60.51 173 0 -31.06 -101.33 1.5 0 0.01 13.45 19.88
DICS 58.46 0.2 0 9.52 5.24 2.44 0 0.13 -1.1 -7.19
GULFGENERAL 57.8 7.25 0.27 5.44 -21.15 0.7 0 1.21 4.81 12.27
OQIC 57.03 0.22 0 16.04 16.79 0 0 0.04 0 0
OUIC 54.44 0.21 0 0 9.05 0.75 0 1.22 2.72 10.66
UNION 54.05 0.6 0 0 0 0.65 0 0.14 0.48 2.86
TAKAFULEM 52.67 1.29 0 136.18 4.35 1.18 0 0.39 0.52 3.98
WATANIA 47.45 0.67 0 0 6.09 0 0 0.68 0 0
ASNIC 41.32 0.66 0 -0.45 -1.76 0.34 0 0.04 0.54 1.41
AMAT 36.29 0.08 0 -6.67 8.42 0.57 0 1 1.24 9.37
AFIC 32.14 0.12 0 0 7.84 0 0 0.14 0 0
METHAQ 26.54 0.65 0 0 0 1.27 0 0.45 3.1 20.9
IH 24.9 0.77 0 0 0 1.06 0 -0.01 1.61 4.72
TAKAFUL 21.45 0.13 0 -6.25 7.22 1.25 0 0.1 0.52 3.12
AMAN 18.43 0.3 0 -18.09 -2.99 0.87 0 0.53 -1.23 -19.5
TAOI 16.59 0.04 0 0 10 0.26 0 0.24 8.15 13.81
MCTI 16.01 0.56 0 -13.51 37.33 0.34 0 0.04 2.57 8.13
WETHAQ 14.04 38.7 -0.26 67.72 75.05 0.37 0 0.29 3.29 3.31
AKIC 6.53 0.24 0 0 -0.41 0.68 0 -0.03 -19.63 -93.13