SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Al Sagr Cooperative Insurance Company SAGRINSURANCE
Insurance 0.87%
TASI 0.99%
Last Value
% Change
Price in SAR Last Update : 24 Oct 2016 3:15 pm (local time)


Corporate Details
Exchange Saudi Arabia
Sector Insurance
Auditors Ernst and Young
RSM Middle East - Al Bassam
Company Description

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.

Company 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.

Equity Profile
Date Established Feb 4, 2008
Listing Date N/A
Paid-up Capital (SAR) 250,000,000
Outstanding Shares 25,000,000
Shares Per Value 10
Contact Information

Abdulrahman Ali Al Turki Group Building, King Khaled Street, P. O. Box 3501, Al Khobar 31952, Kingdom of Saudi Arabia

+966 13-830-2294

+966 13-830-2296



Company History

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.

Board Members & Senior Management
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
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