Saudi Arabia’s Tawuniya receives IA license to establish Riyadh Re

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Reinsurance News - Nov 10, 2025

The Cooperative Insurance Company (Tawuniya) has obtained the necessary license from the Insurance Authority (IA) to establish its new, wholly-owned subsidiary, Riyadh Reinsurance Company (Riyadh Re). Headquartered in Riyadh and incorporated on November 4th, 2025, Riyadh Re is entering the market wi...

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