Saudi Re is  the first reinsurance company based in Saudi Arabia with a deep understanding of culture in these markets. Moreover, it will be closer to its clients, which should enable Saudi Re to have access to client-specific knowledge and to carve out strong and long-lasting relationships with them. The Company intends to leverage this local knowledge and relationships to gain access to reinsurance business. Close proximity to regional businesses and long term commitment to the region gives Saudi Re a strong competitive advantage over its international peers.