Arqaam Capital maintained a “Buy” recommendation on Saudi Reinsurance Company (Saudi Re), placing the sole national reinsurer amongst its preferred picks in the Saudi insurance sector. It has also revised the target price higher to SAR11 per share based on further improvement in margins and more sustainable investment yields. In a recent report, the DIFC-based investment […]
To continue reading this article, Existing users can sign in / subscribe / renew and new users are requested to register.
