Saudi Re approves issuance of new shares to increase capital by 46.6%

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Reinsurance News - Oct 16, 2025

Saudi Reinsurance Company’s (Saudi Re) Board of Directors has approved a capital increase through the issuance of 53.98 million new shares, raising its capital by 46.6% to SAR 1.7 billion to strengthen the reinsurer’s capital base and support growth. The approval follows the Extraordinary General As...

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