| Element List | Explanation |
|---|---|
| Announcement Detail | announce the completion of a periodic review by Moody's International Credit Rating Agency and maintaining its A2 rating for global insurance financial strength, according to its report issued on 28/04/2026. The Insurance financial strength rating A2 (IFSR) of Saudi Re reflects factors that included: • Strong brand and market position in Saudi Arabia as the country’s domestic professional reinsurer , alongside a growing presence across the Middle East, Asia, and Africa. • Preferential position in the domestic market through its right of first refusal on a portion of ceded premiums. • Strong asset quality underpinned by a conservative investment portfolio as evidenced by a low ratio of high risk assets. • Good capital adequacy, and limited natural catastrophe exposure. • Consistently good profitability. • Strong financial flexibility with no debt leverage and good access to local capital markets given its listing on the Saudi stock exchange and broad investor base |
