Saudi Reinsurance Company, commonly referred to as Saudi Re, is a prominent player in the financial intermediation services sector, specifically focusing on reinsurance solutions. Headquartered in Saudi Arabia, the company has established a strong presence across the Middle East and North Africa, catering to a diverse clientele.
Founded in 2006, Saudi Re has achieved significant milestones, positioning itself as a trusted partner in the reinsurance market. The company offers a range of core services, including property, casualty, and life reinsurance, distinguished by its innovative approach and commitment to client-centric solutions.
With a robust market position, Saudi Re has garnered recognition for its financial strength and expertise, making it a key contributor to the region's insurance landscape. Its dedication to excellence and strategic growth continues to drive its success in the competitive reinsurance industry.
-21 vs industry average
Saudi Reinsurance Company’s score of 16 is lower than 8% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Saudi Reinsurance Company's reported carbon emissions
Saudi Reinsurance Company, headquartered in SA and operating within financial intermediation services, except insurance and pension funding services (65), reported Scope 1 emissions of approximately 395,000 kg CO2e for the year 2025. This represents a slight increase from the 392,000 kg CO2e reported for 2024 and 384,000 kg CO2e for 2023. Scope 1 emissions for prior years included approximately 389,000 kg CO2e in 2022 and 387,000 kg CO2e in 2021. Earlier data shows Scope 1 emissions of about 284,000 kg CO2e in 2020 and 316,000 kg CO2e in 2019.
The company's reporting indicates a focus on Scope 1 emissions, with data for Scope 2 and Scope 3 emissions, specifically purchased goods and services, being unavailable for the reported periods. No specific reduction targets or achievements are detailed in the provided information, and the company does not appear to have cascaded emissions data from a parent organisation. Further details regarding climate commitments and detailed emissions breakdowns are available in their annual reports, accessible via provided document URLs.
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Saudi Reinsurance Company’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Saudi Reinsurance Company yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Saudi Reinsurance Company
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