Saudi Reinsurance Company (8200.SR) SAU

48.72

-0.98(-1.97%)

Updated at October 02 03:17PM

Currency In SAR

Saudi Reinsurance Company

Address

Northern Ring Road

Riyadh, Riyadh Province 13313

Saudi Arabia

Phone

966 11 510 2000

Sector

Financial Services

Industry

Insurance - Reinsurance

Employees

25

First IPO Date

March 03, 2010

Key Executives

NameTitlePayYear Born
Mr. Ahmed Ali Al-JabrChief Executive Officer0N/A
Mr. Fadi Al-QutubChief Investment Officer0N/A
Naif Al-KhumashiChief Compliance Officer0N/A
Mr. Isa AliChief Operating Officer01975
Ammar Al-SahanChief Strategy Officer0N/A
Mr. Kim Hock LiuPrincipal Officer of Labuan Branch0N/A
Mr. Ahmed Al-QarishiChief Underwriting Officer0N/A
Waleed Bin AteeqChief Financial Officer01983
Mona Al-JahaniDirector of HR & Admin0N/A
Dana BarhoumehChief Actuary0N/A

Description

Saudi Reinsurance Co. engages in the provision of insurance and reinsurance services. Its business operations are carried out through the following segments: Engineering, Fire, Marine, Motor, Protection, General Accident, Specialty, and Others. The Engineering segment provides risks cover for the work, as well as a liability cover towards third parties for material damage or injury sustained. The Fire segment deals with coverage against fire, flood, earthquake and other external perils. The Marine segment covers the loss or damage to cargo, terminals, damage of ships, and other means of transport of cargo by which property is transferred between the points of origin and final destination. The Motor segment pays for loss or damage to own motor vehicles involved in accidents. The Protection includes term and credit life insurance. The General Accident segment covers a variety of events or properties, such as money, liabilities and personal accident whether for individual or group. The Specialty segment includes company's participation in Lloyd's market, which specializes in writing worldwide property, marine, energy, and specialty. The Others segment includes the aviation, energy, agriculture, political risk, and whole accounts, which covers ceding company’s retention on excess of loss basis. The company was founded on May 17, 2008 and is headquartered in Riyadh, Saudi Arabia.