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Investor Presentaiton

12 Key Developments Saudi Re is well-positioned to benefit from favourable market conditions إعادة Saudi Re Saudi Re Capital Increase by 10% Through Bonus Shares to SR 891 M Shareholders Equity SAR 960 M Affirmation of Rating A3 by Moody's (Global) and A1.sa(National). 9M 2021: ▪ +36.5 % Net Profit Before Named "Reinsurance Company of Zakat: SR 47.9 M the Year 2021" 9M 2021: ■ +29.8% GWP Growth: ■ Highest on record GWP: SR 1,114 M 9M 2021: Net UW Results +30% SR 61M By MIIA Major Contract : SR 177 M Probitas Corporate Capital Ltd • SR 130 M Medgulf Implementing IFRS 17 Final Phase to meet Q1, 2023 Deadline Market Signs for market hardening globally as a reaction to losses e.g. Covid 19, which can affect capacity deployment and increase reinsurance pricing. ■ Local market indicates new trend in new lines and compulsory insurance enforcement, e.g. Motor TPL, Inherent Defects, Employers Default Liability, Event Cancelation Liability, Drones Liability, Covid-19 Covid-19 Travel Insurance, and Domestic Helpers Insurance, Third Party Liability on High Risks and Crowded Sites, Self Driven Motor Insurance ■ Approval of the classifications of risks which will be mandated to have a third party liability on properties ■ Amendment of Cooperative Insurance Control Law. Public www.saudi-re.com
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