Saudi Reinsurance Company (Saudi Re) has announced a capital increase of 46.6%, raising its capital from SAR 1,158,300,000 to SAR 1,698,100,000. The total increase amounts to SAR 539,800,000. According to the company, the move is aimed at supporting its ongoing growth strategy and strengthening its financial position. The capital boost reflects Saudi Re’s commitment to expanding its operations and enhancing its competitiveness in the reinsurance market. 

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