Tuesday, 10 November 2026
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Al Sagr wins contract exceeding 5% of 2025 GWPs

Al Sagr Cooperative Insurance Co. received today, Nov. 8, an award from Nasser Saeed Al-Hajri & Partners Contracting Co. (NSH) to renew a medical insurance policy covering the company’s employees and their family members.

The contract value exceeds 5% of Al Sagr’s total gross written premiums (GWPs), based on its audited 2025 financial statements, the insurer said in a statement to Tadawul.

The agreement covers the renewal of medical insurance services for the company’s employees and their family members, effective Nov. 8, under the agreed terms and conditions.

Al Sagr said the agreement involves no related parties, was concluded in the ordinary course of business, and involves no preferential treatment.

The company’s GWPs amounted to SAR 591.85 million in 2025, indicating that the contract value exceeds SAR 29.6 million, according to Argaam’s data.