Saudi Arabia:Profitable start projected for Tawuniya subsidiary Riyadh Re

By MEIR team | 16 Nov 2025

Newly-established reinsurer Riyadh Reinsurance Co (Riyadh Re) is predicted to generate net profits of about SAR30m ($8m) to SAR60m per year in 2026-2028, assumes S&P Global Ratings (S&P) in its base-case scenario.

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