Saudi Re posts nearly 6% increase in net profit to US$20m for 1H2024

Published on August 1, 2024
The net profit after zakat attributable to shareholders of the Saudi Reinsurance Company increased by 5.8% to SAR75.28m ($20.05m) in the first half of this year, compared to the corresponding half
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Benedikt Signer named SEADRIF Exec Dic and Board Member

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Skuld appoints Matthew Bayman as SVP of Business Development

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Marine insurance provider Skuld has announced the appointment of Matthew Bayman as Senior Vice President (SVP) of Business Development, effective early 2025.Bayman will report directly to Gregory Thomas, Chief Business Development Officer at Skuld.In his new role, Bayman will collaborate closely with Skuld’s underwriting and business development teams across all marine insurance lines.Ståle Hansen