Al Sagr Cooperative is one of the few companies who spearheaded in registering as a public cooperative insurance in the Kingdom of Saudi Arabia stipulated by the Royal Decree. Today, we are a fully licensed public company transacting all types of insurance business and are sharing with Al Sagr Cooperative peers the thrill of implementing regulations in the Saudi Insurance Market applying to its players, as well as the witnessing of the birth of a regulated Saudi Insurance Industry. From its humble start in the KSA, in 1983, as a branch office for a Dubai based insurance company, today Al Sagr Cooperative Insurance Company is a public Saudi shareholding company with a paid up capital of SR 250 million.
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Al Sagr Cooperative is one of the few companies who spearheaded in registering as a public cooperative insurance in the Kingdom of Saudi Arabia stipulated by the Royal Decree. Today, we are a fully licensed public company transacting all types of insurance business and are sharing with Al Sagr Cooperative peers the thrill of implementing regulations in the Saudi Insurance Market applying to its players, as well as the witnessing of the birth of a regulated Saudi Insurance Industry. From its humble start in the KSA, in 1983, as a branch office for a Dubai based insurance company, today Al Sagr Cooperative Insurance Company is a public Saudi shareholding company with a paid up capital of SR 250 million.
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