Saudi Re shareholders approve board, audit reports for 2021

Saudi Reinsurance Co.’s (Saudi Re) shareholders approved financial statements, as well as board and audit reports for 2021, during the ordinary general meeting (OGM) held on May 11, the company said in a bourse statement.

Shareholders also ratified discharging board members from liabilities for 2021 and paying them SAR 1.9 million as remuneration for the same year.

In addition, they approved the sustainability and social responsibility policy, as well as the contracts to be concluded with related parties.