Ernst and Young|
RSM Middle East - Al Bassam
Al Sagr Cooperative Insurance Co SJSC is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance and reinsurance operations and all related activities.
The products and services offered by the company include: energy insurance, property insurance, engineering insurance, marine cargo insurance, casualty insurance, motor insurance, term life insurance and medical insurance.
|Date Established||Feb 4, 2008|
|Paid-up Capital (SAR)||250,000,000|
|Shares Per Value||10|
Abdulrahman Ali Al Turki Group Building, King Khaled Street, P. O. Box 3501, Al Khobar 31952, Kingdom of Saudi Arabia
Al Sagr Co-operative Insurance Co. started its operations in the insurance sector in Saudi Arabia in 1983 as a branch to Al Sagr National Insurance Co., Dubai, till it was agreed between Al Sagr National Insurance Co. of Dubai and prominent business group from Saudi Arabia to form a new Co. in Bahrain called Al Sagr Saudi Insurance in December 1998 and was operated under this banner till their official launch on 5th of March 2007 when the Royal Decree No. M/11 was promulgated.
|Mr. Abdul Rahman A. Al- Turk||Chairman|
|Mr. Abdalla Juma Al Seri||Vice Chairman|
|Mr. Mohammad Al Sabi||CEO|
|Mr. Abdulrahman H. Sharbatli||Board of Directors|
|Mr. Tarek Abdullah Al Bassam||Board of Directors|
|Mr. Moh'd S. Al-Shekhsheer||Board of Directors|
|Mr. Amjad M. Al-Dowaik||Board of Directors|
|Mr. Abdul Muhsen A. Al-Sunaid||Board of Directors|
|Mr. Bassam Ahmed Nasser Al Benali||Board of Directors|
|Mr. Mazen Ahmed Mohamed AlJoubair||Board of Directors|