About the company
- The Saudi Arabian Cooperative Reinsurance Company "Re" is a public joint stock company established in 2008 to be the first reinsurance company in the Kingdom of Saudi Arabia.
- "Re" operates fully in accordance with the cooperative insurance system and is licensed by the Insurance Authority.
- The paid-up capital amounts to 891 million Saudi Riyals (equivalent to 237.6 million US dollars)
- It holds a credit rating of -A category with a stable outlook from Standard & Poor's S&P’
- It holds a financial strength rating of A3 category with a stable outlook from Moody's Moody’
- It is led by a team of experts who keep customer satisfaction as their primary goal.
- The company is licensed under number T M N/ 20087/17 and is subject to the supervision and oversight of the Insurance Authority.
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