Saudi Re launches in Riyadh
Saudi Arabia: Monday, March 10 - 2008 at 08:51
A new insurance company Saudi Reinsurance Company (Saudi Re) was launched in Riyadh, reported Arab News. Saudi Re has a SR11bn capital divided into 100 million shares. Saudi Re benefits from the new regulations, which have liberalized the market and opened it to regional and international players.
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Medilyn Manibo, Assistant News EditorMonday, March 10 - 2008 at 08:51 UAE local time (GMT+4)
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