Saudi Arabia:Al Rajhi increases its paid-up capital by 1.5 times

By MEIR team | 05 Dec 2023

Saudi Arabia Risk Management Takaful Life & Health Property & Casualty

The shareholders of Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful), one of the five biggest insurers in Saudi Arabia in terms of premiums, have agreed to increase the company's capital by 150% to SAR1bn ($266.6m) from SAR400m.

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