About Saudi Reinsurance
Saudi Reinsurance was established in 2008 and is based in Riyadh, Saudi Arabia. Focus is placed on the reinsurance sector, where third-party administration services are delivered to support insurance operations. Administrative functions, including claims processing and policy management, are handled for various clients across the region. Leadership is provided by CEO Fahad Al-Hesni, with activities centered on facilitating efficient insurance workflows in the Middle East market.
- Headquarter Riyadh, Saudi Arabia
- Stage Public
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Sectors
Financial Services
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Saudi Reinsurance
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Post-IPO - Saudi Reinsurance | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Saudi Reinsurance
Saudi Reinsurance has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Public Investment Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Manages investments in energy, real estate, and technology to support national development.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Saudi Reinsurance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Saudi Reinsurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Saudi Reinsurance Comparisons
Competitors of Saudi Reinsurance
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Saudi Reinsurance
When was Saudi Reinsurance founded?
Saudi Reinsurance was founded in 2008 and raised its 1st funding round 17 years after it was founded.
Where is Saudi Reinsurance located?
Saudi Reinsurance is headquartered in Riyadh, Saudi Arabia.
Who is the current CEO of Saudi Reinsurance?
Fahad Al-Hesni is the current CEO of Saudi Reinsurance.
What does Saudi Reinsurance do?
Saudi Reinsurance was established in 2008 and is based in Riyadh, Saudi Arabia. Focus is placed on the reinsurance sector, where third-party administration services are delivered to support insurance operations. Administrative functions, including claims processing and policy management, are handled for various clients across the region. Leadership is provided by CEO Fahad Al-Hesni, with activities centered on facilitating efficient insurance workflows in the Middle East market.
Who are Saudi Reinsurance's investors?
Saudi Reinsurance has 1 investor. Key investors include Public Investment Fund.
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