Saudi Reinsurance Company "Saudi Re" announced on April 29, 2026 that Moody's Ratings has maintained its A2 Insurance Financial Strength Rating (IFSR) with stable outlook following a periodic review completed on April 28, 2026. The rating reflects Saudi Re's strong market position as Saudi Arabia's domestic professional reinsurer with growing regional presence, preferential domestic market access through right of first refusal on ceded premiums, and strong asset quality with conservative investments. Key strengths include good capital adequacy, consistently strong profitability, limited natural catastrophe exposure, and strong financial flexibility with no debt leverage and good access to local capital markets through its Saudi stock exchange listing.

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.