Reinsurance

It is well known that reinsurance plays a key role in protecting the assets and capital of insurance companies and is, therefore, essential in maximizing their ability to meet their obligations.

Accordingly, Weqaya reinsures part of its business with leading international and local reinsurance companies as well as other companies specialized in Shariah-compliant Takaful reinsurance and in accordance with the standards of the Saudi Arabian Monetary Agency (SAMA).