Founded in 2011 in Riyadh, Nitaq for Actuarial Services was the first firm licensed by the Saudi Central Bank (SAMA) to provide actuarial services in the Kingdom of Saudi Arabia. The company offers a comprehensive range of actuarial, risk management, and consulting services to insurance companies, Takaful operators, reinsurance companies, government bodies, and corporations. Their core services include IFRS17 implementation, reserving and pricing analysis, financial modeling, enterprise risk management (ERM), and employee benefits consulting.

Founded in

Saudi Arabia