Saudi Re signs MoU with PIF to raise capital
Reinsurance News - Oct 09, 2023
Saudi Arabia-domiciled reinsurer, Saudi Reinsurance Co., is raising new capital via the issuance of new shares that will be purchased by Saudi Arabia’s Public Investment Fund (PIF), a sovereign wealth fund, according to a filing with the stock exchange. On October 7th, Saudi Re signed a non-bi...
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