Saudi Re to raise $71m via subscription agreement with PIF
Reinsurance News - Jul 08, 2024
Saudi Arabia-domiciled reinsurer, Saudi Reinsurance Co. has announced plans to increase its capital by SR267.3 million (approximately USD 71 million) through a strategic subscription with the Public Investment Fund (PIF), a sovereign wealth fund, according to a filing with the stock exchange. In Oct...
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