On July 23, 2026, Saudi Reinsurance Company (Saudi Re) announced the conclusion and completion of its acquisition of a 22.5% equity stake (on a fully diluted basis) in AdA Risk Holding Co Limited, a UK-incorporated company that operates Syndicate 2024 at Lloyd's of London. The transaction, valued at GBP 8,950,000, follows the Insurance Authority's non-objection received on July 13, 2026, and previously announced on the Saudi Exchange on July 14, 2026.

Original announcement:

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.