Saudi Re posts profit boost amid strong revenue and investment gains

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For the nine-month period, insurance revenues totaled SAR 824.2 million ($220 million), a 66.8% increase from SAR 494 million ($132 million) in the same period last year. The result of insurance services grew to SAR 144.3 million ($38.5 million), a 31.3% increase year-over-year, while net profit from insurance results reached SAR 140.8 million ($37.5 million), a 39.1% increase.

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