Al Sagr Company for Cooperative Insurance ( S C C I ) has been licensed in the Kingdom of Saudi Arabia by the promulgation of Royal Decree No. M/11 dated 16/02/1428 (H) from His Majesty King Abdallah bin Abdulaziz Al-Saud to transact all types of insurance business in the Kingdom of Saudi Arabia.
Al Sagr was operating its insurance business in the Kingdom of Saudi Arabia since 1983 as a branch to Al Sagr National Insurance Co., Dubai, till it was agreed between Al Sagr National Insurance Co., and the prominent Saudi Business Groups to establish Al Sagr Saudi Insurance Company during December 1998 and was operating under this banner till the above Royal Decree. Al Sagr Company for Cooperative Insurance operates through its headquarters in Al Khobar. Today Al Sagr Cooperative Insurance Company is a public Saudi shareholding company with a paid up capital of SR 200 million.
Al Sagr Company for Cooperative Insurance is a provider of life and non-life insurance and reinsurance products and services.
Its insurance solutions are divided into five segments: fire and general accident, which offers property, engineering, liability and miscellaneous insurance; marine, which offers marine cargo and marine hull insurance; motor, which offers loss, damage and third party (comprehensive), and third party liability insurance; life, and medical insurance.
Headquarters
First Floor, Abdul Rahman Al Turki Building, King Khalid Street, Mohammed Bin Saud District, P.O Box 3501
Dammam; Eastern Province;
Postal Code: 32241
Contact Details: Purchase the Al Sagr Co-Operative Insurance Company JSC report to view the information.
Website: http://www.alsagr.com
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