Saudi Arabia:Al Sagr's profitability improves but remains under pressure

By MEIR team | 03 Sep 2026

Saudi Arabia Life & Health Regulation Property & Casualty Financial Performance

The underwriting performance of Al Sagr Cooperative Insurance Company improved in 1H2026, with a combined ratio of 100.9%, after a sharp deterioration in 2025 (combined ratio: 111.1%), Fitch Ratings said. This compares with strong underwriting performance in 2023 (96%) and 2024 (94%).

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