Saudi Re sees 183.87% net profit increase in Q1 2024

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Reinsurance News - May 10, 2024

Saudi Re has reported a net profit after zakat (a religious obligation for all Muslims who meet the necessary criteria of wealth) of SAR 31.79 million for the first quarter of 2024, a 183.87% increase from the same quarter the year prior. According to the reinsurer’s interim results, this growth is...

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