News Reinsurance11 Jun 2019

Saudi Arabia:Reinsurer more than doubles net profits in 1Q

| 11 Jun 2019

Saudi Arabia's sole local reinsurer, which writes life and non-life business in more than 40 markets in Asia, Africa and MENA, saw its profits surge by 226% in the first quarter of 2019 against the corresponding quarter of the previous year despite 19.7% drop in GWP.

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