21 Hrs
Source:
مباشر
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Saudi Re Q3 Profit Rises
Saudi Reinsurance Company (“Saudi Re”) reported a 5.93% year-on-year increase in net profit for the third quarter of 2026, to SAR 32.6 million from SAR 30.77 million. However, profit fell 71.61% compared with the previous quarter. The company attributed the annual growth to a 77% increase in reinsurance revenue, a 54% decline in other operating expenses, and a 19% decrease in net insurance finance expenses. In the first nine months of the year, net profit rose 63.48% to SAR 194.16 million.
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