Kingdom comes: $147m Saudi reinsurance start-up gets S&P rating

Saudi Arabia’s reinsurance ambitions have received a strong signal with the rating announcement by S&P Global ratings agency. On November 10 2025, the agency assigned an ’A-’ long-term insurer financial strength rating and a ’ksaAAA’ national-scale rating to Riyadh Re, with a stable outlook.

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Kingdom comes: $147m Saudi reinsurance start-up gets S&P rating

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