110 Days
Source:
مباشر
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Source: مباشر
110 Daysمباشر
Source: مباشر
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The Saudi Reinsurance Company "Re-Insurance" announced that it has received approval from the Saudi Insurance Authority to proceed with its acquisition of a strategic 22.5% stake in the British company AdA Risk Holding Limited. The total value of this investment amounts to £8.95 million (SAR 45.14 million). This investment is part of the company's international expansion plan to strengthen its presence in the Lloyd’s market in London, where the target company holds the rights to operate Syndicate 2024, which specializes in marine and specialty insurance. The impact of this deal on the company's financial results is expected to begin in the third quarter of 2026, with an anticipated increase in Lloyd’s market business starting from 2027.
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