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...
Recommended Articles
Posted: Oct 07, 2025
HSB, a specialist engineering and technology insurer, has announced the launch of HSB CyberPro, a cy...
Posted: Oct 07, 2025
Global insurer Chubb has announced the appointment of Nick Clay as Renewable Energy & Alternativ...
Posted: Oct 07, 2025
Ransomware attacks are predicted to escalate in the coming years, with the number of publicly named...