Al Sagr Cooperative Insurance Company Riyadh
Founded in 1979 we are proud of 40 years of excellence and achievements.
Al sagr cooperative insurance company riyadh. The company s profitability is attributed to a 23 reduction in net. Arabia s mission to serve our policy. From its humble start in 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. It focuses on clients and their business risks across a multitude of industries.
Al sagr national insurance company. Platinum centre 3rd floor setteen st al malaz riyadh p o. Al rajhi company for cooperative insurance alrajhi takaful al rajhi takaful is without any doubt one of the top 10 best insurance companies in saudi arabia. Al etihad co operative insurance co s marine cargo customers have significant benefits from working with us such as payment on account or dealing directly with our underwriters online.
Arabia insurance cooperative co 5 738 followers on linkedin arabia insurance cooperative company was established on april 3rd 2007 as per royal decree no. In the event that any amount is paid or credited to me us upon a claim made by me us should upon investigation by al sagr cooperative be subsequently determined by al sagr cooperative to have been erroneous or to be otherwise invalid or fraudulent then and in such event i hereby authorize al sagr cooperative in its absolute discretion to debit my our customer account for such sum to. 23 with fully paid up capital of sr 400 million. Wala a is a brand name of saudi united cooperative insurance company dating back since 1976 in the saudi insurance industry.
Our associate company al sagr cooperative insurance company presently operates from its head office in dammam kingdom of saudi arabia with 2 main branches in riyadh jeddah and 18 sales outlets spread across region. With quality driven products customer first approach outstanding financial ratings and a highly decorated record of awards al sagr goes past your typical insurance company to your reliable loyal and lifetime business partner. This makes for rapid response and efficient service read more. The net profits before zakat and tax of al sagr cooperative insurance company reached sar 12 27 million in the second quarter q2 of 2020 against net losses of sar 6 39 million in the same quarter of 2019.
But while we are clearly familiar with mega deals and international business we never lose sight of the fact that private insurance policies are also enormously important. Chubb arabia cooperative insurance company.