SAUDI RE

Saudi Reinsurance Company

8200StocksTadawulInsurance

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	598.90M	418.06M	478.27M	459.94M	358.31M
Operating Expenses	512.59M	444.69M	436.10M	371.79M	296.06M
Pretax Income	59.22M	34.47M	43.52M	63.30M	49.35M
Income Tax	12.50M	13.19M	12.74M	10.72M	13.94M
Net Income	46.72M	21.28M	30.77M	52.58M	35.41M
Premium Revenue	560.09M	475.21M	459.11M	414.78M	323.35M
Policy Benefits	545.45M	409.43M	423.07M	318.42M	273.38M
Policy Cost	12.64M	18.16M	—	16.44M	9.55M
EPS (Basic)	0.28	0.13	0.18	0.32	0.21
EPS (Diluted)	0.28	0.13	0.18	0.32	0.21
Margins & Efficiency
Net Margin %	+7.8%	+5.1%	+6.4%	+11.4%	+9.9%
Revenue & Income
Revenue Growth (YoY)	+67.1%	+50.2%	-32.8%	+52.8%	+48.0%
Revenue Insurance	598.90M	418.06M	478.27M	459.94M	358.31M
Premiums Annuity Rev	560.09M	475.21M	459.11M	414.78M	323.35M
Interest & Investment Income	—	71.10M	—	—	—
Other Revenue Insurance	—	—	—	—	—
Earnings From Equity Investments	—	—	—	—	—
Gain Investment Rev Insurance	-0.08M	-28.86M	—	10.99M	-0.25M
Currency Exchange Gain (Loss)	-1.15M	-11.57M	—	0.80M	5.28M
Expenses & Provisions
SG&A Insurance	—	31.41M	—	—	—
Other Opex Insurance	-45.50M	-95.84M	13.14M	37.08M	13.13M
Total Opex Insurance	512.59M	444.69M	436.10M	371.79M	296.06M
Interest Expense	-27.59M	—	—	-27.80M	-19.91M
Other Non Operating Income (Expenses)	1.66M	1.56M	1.35M	2.16M	1.73M
Policy Benefits	545.45M	409.43M	423.07M	318.42M	273.38M
Policy Cost	12.64M	18.16M	—	16.44M	9.55M
Provision for Bad Debts	—	0.00M	-0.10M	-0.15M	-0.00M
D&A For EBITDA	0.84M	0.38M	0.82M	0.78M	0.83M
Da Suppl Insurance	—	3.24M	—	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	86.31M	-26.62M	42.17M	88.15M	62.25M
EBIT Margin	+14.4%	-6.4%	+8.8%	+19.2%	+17.4%
EBITDA	87.15M	-26.24M	42.98M	88.93M	63.08M
EBITDA Margin	+14.6%	-6.3%	+9.0%	+19.3%	+17.6%
Pretax Income	59.22M	34.47M	43.52M	63.30M	49.35M
Opinc Insurance	86.31M	-26.62M	42.17M	88.15M	62.25M
Operating Margin	+14.4%	-6.4%	+8.8%	+19.2%	+17.4%
Profit Margin	+7.8%	+5.1%	+6.4%	+11.4%	+9.9%
Net Income	46.72M	21.28M	30.77M	52.58M	35.41M
Net Income to Common	46.72M	21.28M	30.77M	52.58M	35.41M
Net Income Growth	+32.0%	—	-92.3%	+20.9%	+11.4%
Income Tax Expense	12.50M	13.19M	12.74M	10.72M	13.94M
Effective Tax Rate	+21.1%	+38.3%	+29.3%	+16.9%	+28.2%
Per Share & Capital
EPS (Basic)	0.28	0.13	0.18	0.32	0.21
EPS (Diluted)	0.28	0.13	0.18	0.32	0.21
EPS Growth	+32.0%	—	-94.2%	-4.8%	-14.3%
Shares Change (YoY)	—	0.3	0.33	0.27	0.3
Shares Outstanding (Basic)	167.31M	167.31M	170.97M	163.65M	167.31M
Shares Outstanding (Diluted)	167.31M	167.31M	170.97M	163.65M	167.31M
Free Cash Flow	24.86M	73.87M	133.00M	41.36M	8.93M
Free Cash Flow Margin	+4.2%	+17.7%	+27.8%	+9.0%	+2.5%
Free Cash Flow Per Share	0.15	0.44	0.78	0.25	0.05
Supplemental
Total Interest Dividend Income	38.89M	-28.29M	19.16M	34.18M	35.22M

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Quarterly (SAR)

1-5

	Q1 2026Mar 31, 2026	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025
Operating Summary
Revenue	598.90M	418.06M	478.27M	459.94M	358.31M
Operating Expenses	512.59M	444.69M	436.10M	371.79M	296.06M
Pretax Income	59.22M	34.47M	43.52M	63.30M	49.35M
Income Tax	12.50M	13.19M	12.74M	10.72M	13.94M
Net Income	46.72M	21.28M	30.77M	52.58M	35.41M
Premium Revenue	560.09M	475.21M	459.11M	414.78M	323.35M
Policy Benefits	545.45M	409.43M	423.07M	318.42M	273.38M
Policy Cost	12.64M	18.16M	—	16.44M	9.55M
EPS (Basic)	0.28	0.13	0.18	0.32	0.21
EPS (Diluted)	0.28	0.13	0.18	0.32	0.21
Margins & Efficiency
Net Margin %	+7.8%	+5.1%	+6.4%	+11.4%	+9.9%
Revenue & Income
Revenue Growth (YoY)	+67.1%	+50.2%	-32.8%	+52.8%	+48.0%
Revenue Insurance	598.90M	418.06M	478.27M	459.94M	358.31M
Premiums Annuity Rev	560.09M	475.21M	459.11M	414.78M	323.35M
Interest & Investment Income	—	71.10M	—	—	—
Other Revenue Insurance	—	—	—	—	—
Earnings From Equity Investments	—	—	—	—	—
Gain Investment Rev Insurance	-0.08M	-28.86M	—	10.99M	-0.25M
Currency Exchange Gain (Loss)	-1.15M	-11.57M	—	0.80M	5.28M
Expenses & Provisions
SG&A Insurance	—	31.41M	—	—	—
Other Opex Insurance	-45.50M	-95.84M	13.14M	37.08M	13.13M
Total Opex Insurance	512.59M	444.69M	436.10M	371.79M	296.06M
Interest Expense	-27.59M	—	—	-27.80M	-19.91M
Other Non Operating Income (Expenses)	1.66M	1.56M	1.35M	2.16M	1.73M
Policy Benefits	545.45M	409.43M	423.07M	318.42M	273.38M
Policy Cost	12.64M	18.16M	—	16.44M	9.55M
Provision for Bad Debts	—	0.00M	-0.10M	-0.15M	-0.00M
D&A For EBITDA	0.84M	0.38M	0.82M	0.78M	0.83M
Da Suppl Insurance	—	3.24M	—	—	—
Deferred Policy Acquisition Cost	—	—	—	—	—
Profitability & Returns
EBIT	86.31M	-26.62M	42.17M	88.15M	62.25M
EBIT Margin	+14.4%	-6.4%	+8.8%	+19.2%	+17.4%
EBITDA	87.15M	-26.24M	42.98M	88.93M	63.08M
EBITDA Margin	+14.6%	-6.3%	+9.0%	+19.3%	+17.6%
Pretax Income	59.22M	34.47M	43.52M	63.30M	49.35M
Opinc Insurance	86.31M	-26.62M	42.17M	88.15M	62.25M
Operating Margin	+14.4%	-6.4%	+8.8%	+19.2%	+17.4%
Profit Margin	+7.8%	+5.1%	+6.4%	+11.4%	+9.9%
Net Income	46.72M	21.28M	30.77M	52.58M	35.41M
Net Income to Common	46.72M	21.28M	30.77M	52.58M	35.41M
Net Income Growth	+32.0%	—	-92.3%	+20.9%	+11.4%
Income Tax Expense	12.50M	13.19M	12.74M	10.72M	13.94M
Effective Tax Rate	+21.1%	+38.3%	+29.3%	+16.9%	+28.2%
Per Share & Capital
EPS (Basic)	0.28	0.13	0.18	0.32	0.21
EPS (Diluted)	0.28	0.13	0.18	0.32	0.21
EPS Growth	+32.0%	—	-94.2%	-4.8%	-14.3%
Shares Change (YoY)	—	0.3	0.33	0.27	0.3
Shares Outstanding (Basic)	167.31M	167.31M	170.97M	163.65M	167.31M
Shares Outstanding (Diluted)	167.31M	167.31M	170.97M	163.65M	167.31M
Free Cash Flow	24.86M	73.87M	133.00M	41.36M	8.93M
Free Cash Flow Margin	+4.2%	+17.7%	+27.8%	+9.0%	+2.5%
Free Cash Flow Per Share	0.15	0.44	0.78	0.25	0.05
Supplemental
Total Interest Dividend Income	38.89M	-28.29M	19.16M	34.18M	35.22M