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Readi forms review committee after approval
The Saudi Reinsurance Company, "Saudi Re," has announced the formation of a new Audit Committee after obtaining approval from the Insurance Authority. The aim is to strengthen governance and financial oversight. The committee is currently chaired by an independent chairman and includes four experienced members, with a term lasting until May 2030. This move comes as part of efforts to improve risk management and internal compliance. The members of the committee bring diverse expertise in accounting, risk management, insurance, and finance.
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