Last SR9.33 SAR
Change Today +0.61 / 7.00%
Volume 7.4M
SAUDIRE On Other Exchanges
Symbol
Exchange
Saudi Arabia
As of 8:30 AM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

saudi re for cooperative rei (SAUDIRE) Snapshot

Open
SR9.25
Previous Close
SR8.72
Day High
SR9.45
Day Low
SR9.00
52 Week High
04/23/14 - SR14.15
52 Week Low
12/17/14 - SR7.55
Market Cap
933.0M
Average Volume 10 Days
3.4M
EPS TTM
SR-0.87
Shares Outstanding
100.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SAUDI RE FOR COOPERATIVE REI (SAUDIRE)

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saudi re for cooperative rei (SAUDIRE) Details

Saudi Reinsurance Company provides various reinsurance products in the Kingdom of Saudi Arabia, other Middle Eastern countries, Africa, and Asia. It underwrites engineering, property, marine, casualty, motor, health, life, and retrocession insurance products. Saudi Reinsurance Company was founded in 2008 and is based in Riyadh, the Kingdom of Saudi Arabia.

Founded in 2008

saudi re for cooperative rei (SAUDIRE) Top Compensated Officers

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Executives, Board Directors

saudi re for cooperative rei (SAUDIRE) Key Developments

Saudi Re for Cooperative Reinsurance Announces Earnings Results for the Third Quarter and Nine Months Ended September 2014

Saudi Re for Cooperative Reinsurance announced earnings results for the third quarter and nine months ended September 2014. The company reported net profit before zakat of SAR 1.21 million (USD 320,000/EUR 250,000) in the third quarter of 2014 from a net loss of SAR 22.96 million in the same period of the prior year. The positive development was possible because of a 76% annual increase in net premiums earned. Net profit of policy holders investment fell 12.8% year-on-year to SAR 454,763. Net profit of shareholders capital investment dropped 24.46% to SAR 15.31 million. Net written premiums (NWP) totaled SAR 124.42 million, up from SAR 91.47 million. Gross written premiums (GWP) went up 25.3% to SAR 131.96 million. In the period from January to end-September 2014, net profit before zakat stood at SAR 17.5 million, versus a net loss of SAR 9.4 million for the year-earlier period. Earnings per share (EPS) came in at SAR 0.17, compared to a loss per share of SAR 0.09. Net profit of policy holders investment soared more than six times to SAR 2.1 million from SAR 284,513. Net profit of shareholders capital investment grew 36.4% to SAR 51.7 million. GWP soared 40.44% to SAR 522.32 million. NWP amounted to SAR 493.33 million, up from SAR 342.9 million.

Saudi Re for Cooperative Reinsurance Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2014

Saudi Re for Cooperative Reinsurance Company reported earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net profit of shareholders capital investment was SAR 17.07 million, compared to SAR 3.25 million for the same quarter ended June 30, 2013. Net written premiums were SAR 77.63 million, compared to SAR 39.28 million for the same quarter ended June 30, 2013. For the six months, net profit of shareholders capital investment was SAR 36.38 million, compared to SAR 17.63 million for the same period ended June 30, 2013. Net written premiums were SAR 368.90 million, compared to SAR 251.45 million for the same period ended June 30, 2013.

Saudi Reinsurance Company Presents at The 7th Annual FundForum Middle East 2013, Nov-18-2013 02:00 PM

Saudi Reinsurance Company Presents at The 7th Annual FundForum Middle East 2013, Nov-18-2013 02:00 PM. Venue: Ritz-Carlton, Dubai International Financial Centre, PO Box 482032, Gate Village, DIFC, Dubai, United Arab Emirates. Speakers: Anirban Kundu, CIO.

 

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Price/Sales 1.8x
Price/Book 1.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.1x
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