Thursday, July 24 - 2008

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.

Medilyn Manibo Medilyn Manibo, Assistant News Editor
Monday, March 10 - 2008 at 08:51 UAE local time (GMT+4)

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