Company Al Sagr Cooperative Insurance Company

Equities

8180

SA11T053VQ13

Multiline Insurance & Brokers

End-of-day quote Saudi Arabian S.E. 07:00:00 2024-03-27 pm EDT 5-day change 1st Jan Change
34.1 SAR +0.44% Intraday chart for Al Sagr Cooperative Insurance Company +13.48% +35.05%

Business Summary

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 Company is organized into three business segments: the Health insurance segment covers medical costs, medicines and all other medical services and supplies; the Motor insurance segment provides coverage against losses and liability related to motor vehicles, excluding transport insurance, and the Other classes segment covers all other insurance products and services, including Property, which includes property all risks insurance policy and business interruption insurance; Engineering, which includes contractors all risks, machinery breakdown and Deterioration of Stock; Marine Cargo, which includes goods in transit by land; Casualty, which includes public liability and personal accident, and Term Life.

Sales per Business

SAR in Million2021Weight2022Weight Delta
Motor
51.6 %
155 49.9 % 215 51.6 % +38.30%
Medical
45.2 %
147 47.3 % 188 45.2 % +27.73%
Property and Casualty
3.2 %
9 2.8 % 13 3.2 % +54.38%

Sales per region

SAR in Million2021Weight2022Weight Delta
Saudi Arabia
100.0 %
311 100.0 % 416 100.0 % +33.74%

Managers

Managers TitleAgeSince
Director of Finance/CFO - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 17-06-15
Director/Board Member 54 -
Director/Board Member - 19-07-29
Director/Board Member - 19-02-23
Chairman - 20-06-15
Director/Board Member - 20-06-15
Director/Board Member - -
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 14,000,000 10,360,000 ( 74.00 %) 0 74.00 %

Shareholders

NameEquities%Valuation
3,640,000 26.00 % 25 M ﷼

Company contact information

Al Sagr Cooperative Insurance Co.

ATCO Building King Khaled Street

31952, Dammam

+966 13 8302294

http://www.alsagr.com
address Al Sagr Cooperative Insurance Company(8180)