Company Information

Get to know Al Sagr Cooperative Insurance Co.

Established in 1983 and converted into a Saudi Public Joint Stock Company in 2008, Al Sagr Cooperative Insurance Co. is a prominent insurance provider in the Kingdom of Saudi Arabia. The company operates under Sharia-compliant cooperative principles as supervised by a legitimate Sharia Board. It offers a wide array of insurance solutions for both individuals and corporate clients, including Motor, Medical, Marine, Property, Engineering, and General Accident insurance, aiming to provide security and peace of mind to its customers across the Kingdom.

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Al Sagr Cooperative Insurance Co.

Saudi Arabia

Founded in

1983 (43 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Cyprus

2017

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.