Saudi Re

Saudi Re is a specialized insurance company that provides reinsurance services in Saudi Arabia. Reinsurance involves one insurance company (the primary) sharing part of its risk with another company (the reinsurer), helping to protect against large or unexpected claims. Saudi Re supports local insurers by offering financial stability and expertise, enabling them to take on more risks and serve their customers better. As a reinsurer, Saudi Re operates both within Saudi Arabia and internationally, managing risk and contributing to the overall health and resilience of the insurance industry.