Thursday, 19 June 2025

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AlSagr Cooperative Insurance Obtains Fitch Rating of BBB with Stable Outlook

Riyadh -Maaal

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AlSagr Cooperative Insurance Company announced that it has received an Insurer Financial Strength (IFS) rating of BBB and a National IFS rating of A+(sau), both with a Stable Outlook, from Fitch Ratings.

According to the announcement published on “Tadawul,” Fitch highlighted in its report that the ratings reflect AlSagr’s strong capital position, solid financial performance, and a moderately diversified insurance portfolio in relation to its scale of operations within the Saudi insurance market.

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